Come Into My Trading Room: A Complete Guide to Trading

5 Responses to “Come Into My Trading Room: A Complete Guide to Trading”

• Helen Quenet says:

  May 7, 2010 at 1:22 pm

  Book Review – Come into my own room by Dr. Alexander Elder

  was read with great curiosity that I began to enter my own room. Trading for a Living, the first book and classic Elder was the second book I’ve read period and up to 40 pounds or less from there I can assess is not yet in my top five, and often recommend to others who want a an introduction honest trade.

  I was interested to see how the themes and priorities have changed and evolved over the nine years since the first book was published. I just read a few reviews that add little to the proposed title before, but I was eager to form my own opinion.

  So the first question, I wondered, what has changed? MedlinePlus The writing style is so clear and convincing as in the first book. The layout is logical and in all important areas, suggests further reading in more specialized topics that may interest you. For the size of the book (only 313 pages) is very broad and includes the three basic skills of a trader. Psychology, technical analysis and money management. Thus the three pillars of the first book remains very much.

  What is different? A big part in my opinion. The psychology section is greatly improved. I thought that the biggest weakness in the first book, with excessive dependence on the AA model, which (due to my experience, I have problems) prefers the title of the psychology section of another excellent book by Mark Douglas, again to give impression that Elder had a lot to learn about the latest years.

  technical analysis section is much smaller in the description of basic technical support as the first book did, and instead focuses more on implementation of trade-related technical assistance. It also includes an update of a method for the first time in the first book of the screen “triple” and a section on trade described systems and system testing. As someone who is playing with the development of systems to the current time, I particularly enjoyed his discussion with the distinction between systems and discretionary trader.

  The book not only addresses the day traders, in fact, it attaches great importance to investigate people to submit their own reasons for day traders that at least one year of successful experience with end of day trading needed before proceeding to the intra-day trading itself. He asks his readers to answer the difficult questions about themselves, if possible, honest answers, you will benefit greatly from this book will do.

  Also closes with one of my prejudices, I am pleased to repeat here, stressed that retailers must take their first steps to take in low-cost markets for trade. For example, futures trading Eurostoxx50 10 € per point, a better basis for new entrants and the DAX of € 25 per point. It also provides a useful method to work, that markets can afford to trade. It is this aspect of the book that makes it so valuable application. There is no padding strange here, each relevant paragraph.

  general balance of the book is perfect from now. In the first book of the TA base took a large part of the volume, this time the sections are much more just to get by law, money management and records of a draw for the treatment in the previous book.

  A change in this book (and I have to ask if I’d read Tony Oz is wonderful, “The Stock Trader”) is an addition of a few examples of actual operations. I’ve always liked it because it gives the following insight into the true spirit merchants in a simple table can not be examples.

  I think it is a cautious and warning about this book than the first. I guess this could be because older people are trading camps and many experiences with aspiring dealers since writing the first book. He is very aware of the main reasons why people do not and makes it very explicit in the text.

  There is also a very good and well referenced basic description of the main instruments of trade advantages and disadvantages of something missing in the first book.

  section for new entrants (and Babes in the Wood), as he calls it, covers the basics for creating at home, see what trading instruments and markets, and questions from the Commission, diversion and expenses. He stressed the importance of the baseline and the need to market the office of Commissioner under control

  Conclusion This is a book distributor and trader of an adult educator, has seen and done and now you can write keep giving, balanced, practical and honest description of learning to trade can be found everywhere. I recommend to new traders and amendments alike.
  Rating: 5.5
• Price Headley says:

  May 7, 2010 at 3:24 pm

  Elder Alexander gained a prominent place for his first book trade for a living. It is one of my favorite books on trade. Hence the new classical indicators such as the Force Index, one of the indicators used regularly in the graphics software. I read an old track, come into my own room, hoping to learn additional knowledge of the Force Index. While I find some new information here impressed me even more of the following lessons Elder share:

  1) will produce “Some of the best trading opportunities after false breakouts” – This seems to me more and more these days why I can use my active part in the momentum indicators fakeouts divergence from real outbreaks. Elder has a great job many diagrams shown in his book, the basis of the divergence of examples, explains in great depth, whether in its trading floor in the final chapter with many examples of real trade happened. You need to understand the concept of divergence existing markets more profitable trade, and this book helpful for showing you how to be a trade setup allows divergence.

  2) Triple Screen – Elder explains the importance of using multiple time frames, although there were two lawyers, no more than three time windows. The key concept is that every time you use, you need to get to the next longer period of time to confirm. This allows the bigger picture trend in defining the nature of its operations, and then you can return to the shorter time frame and more tactical decisions in this broader trend in the head too.

  3) the extent of their performance – More efficient trade quantified by defining the width of the channel to a population and the percentage of the relocation of traders actually captured to determine their level. Regardless of how measures of retail performance, should be carried out in order to make improvements and continuous improvement experience.

  4) stop SafeZone – Although I have not tested this flag on my old system still sees SafeZone described as an effective way to stop a trailing stop as the standard moving averages place. SafeZone stop seems to adapt faster compared with periods of flat share, compared with moving averages stroking. This new technique easily be worth many times the price of this book to be alone.

  5) Chapter 9: Trading for a relief of life – This chapter was my chapter covers how Elder stages of growth from beginning to professional traders a wide range of topics on commercial terms of the discipline, management time, organizing and developing a viable trading plan, just some highlights.

  However, come into my own room is an excellent monitor of Commerce of the Ancient of life, and I think it will be very quick to read and think.
  Rating: 5.5
• Roger Koehler says:

  May 7, 2010 at 5:39 pm

  I read the first book of Commerce Dr. Elder for Life in 1994 and read it several times since. It really set the standard for the definition of market psychology to understand and why this will help you beat the market. His level of thinking in the definition of mathematics, a technical indicator, the articulation of mass psychology that drives the indicator was truly groundbreaking. It is the only book I’ve been consistently seeing, while the other 30 + books I have read with the dust of the investment in a large bookstore comingled. MedlinePlus His second book, Come to my own room is considered essential follow-through on the track, the first book. By giving the primary objective to help make money in the capital markets – is even better. He has clearly explained how the ideas of the first book (and have a lot of new ideas) and make money with them. The day to day trade by trade – How to keep records? The precise indicators for use? What do you mean? If you are using? If it? How do I can get? What separates the amateurs from the pros? What should I avoid? Performance standards? The list is endless. . . . . . . At the same time, states that no recipes, wands, exact procedures. . . . that trade is a good product for your wisdom, hard work, discipline, wisdom and art.

  addition to all this. . . He fixed the prospect of a shift from a corporate job in a professional exchange. . Psychology and other precious stones, which I found useful, and the generation of self-reflection.

  This book (or first), the next book you should invest. They can not afford.
  Rating: 5.5
• Andrew P. Kasch says:

  May 7, 2010 at 7:14 pm

  Too good to one of a star in writing and must be respected only the author of Trading for life. But I was very disappointed.

  This is essentially a trend following the method handles input to the AG 20 and when the outer band (on tape, to expand the canal, no matter.) Traditional indicators are a bit tight, and click the “Indicators Viejo”, which of course can buy hard drives. In fact this whole book would have been condensed into one side has 3 or 4. pdf file and not to the left of the keywords.

  We recommend a trading day and wondered if it really can be done profitably. This is rather short-sighted of him out there in the light of all profitable traders known days. His argument is that with his method, it would be too difficult. This was a selfish and narrow minded to me.

  What really threw me for a book before teaching a trend-following (and other warning methods), the last section in the table are examples for all countercyclical trades! Each and every one of them is the exact opposite of what is taught in the book. One would think that at least one concrete example that the method was actually in the book market may shed

  I joined their mailing list after reading the book and almost two years him, not an example of a trade set-up that is Comform given the method in this book. Instead, regular “opinion” given the direction of the market for copper, oil, bonds, and the S & P 500. This from a guy who does not say about opinions about market direction. To start, have all been wrong! You have to wonder about this guy now, commercial life was just a lucky coincidence?

  [. . . ]
  Rating: 5.3
• A. Petrotchenkov says:

  May 7, 2010 at 9:41 pm

  I liked the first book by Dr. Elder, “Trading for a living” a lot. I’m new book by Dr. Viejo “Come Into My Trading Room” and has enjoyed a lot. There are some new ideas in the new book. Much of the material in this book was presented at the “trading” Living. It is the best book that combines the 3M – Mind, Method and money management – for successful entrepreneurs. It is based on the methods presented in “Trading of

  Life” and the triple-screen concept very clear. I think the big difference between this book and pound to other trading partners, Dr. Elder background as a psychiatrist. He provides valuable information on understanding the human element of market behavior and individual traders that their work is so unique. Elder Dr. shares his own successful business strategy in a style clear, concise and easily understood. He does a great job showing some of its most successful operations. I’m sure this is one of the most beautiful books on the development of trade skills. It is not only fun and easy to read, but it is profitable. Worthwhile.
  Rating: 5.5