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Categories
Charts

Trade your system, not the news

I’ve done 35 trades in the US equity market since my post in early March, most have been on for a few days. So how have I done… not too bad but learning. I’ve had wins and losses. I cut my trading account in half after realizing the higher the amounts involved the more emotional […]

Categories
Blog

Talk to other traders

I was listening to a podcast episode from Äripäev (local business magazine) the other day and a guy from Elder’s online group SpikeTrade was recommending to join. I have now joined SpikeTrade.com and exploring the content. There are over hundred members submitting weekly stock picks to a friendly competition where you can see others’ ideas […]

Categories
Book Reviews

Dr. Alexander Elder – Come into My Trading Room – Review

It’s another book from Dr. Elder published in 2002. Much of the content overlaps with his other book I already reviewed, but it makes sense as it also reflects the work of Dr. Elder. If you want to know more about his recent writing, check my review on Trading for a Living. Come into My […]

Categories
Book Reviews

Dr. Alexander Elder – Trading for a Living – Review

I have finished the book and took a lot of notes. It seems to be a simple book to understand and covers most topics for beginning traders: mass and individual psychology, different markets and instruments to trade, charting and technical analysis, money (risk) management, record keeping etc. I like it as an introductory book to […]

Categories
Blog

You can be better tomorrow than you are today

I had been visiting a local library to read my first trading book by Dr. Alexander Elder “Trading for a Living”. It recently came out in my native Estonian language and since Dr. Elder has also ties with Estonia, I thought it should be a good read. Today I got a message that a package […]

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