Rating: - Review of:
I generally agree with the previous reviews, however there is one major caveat I need to make, which is not necessarily a criticism of the book, but rather the information provided by the website where I purchased it. On Amazon.com, under the "Product Details" section, it lists "Publisher: Wiley (June 1, 2006)", giving one the impression it was originally published in 2006. However, the book itself shows the copyright date as 1993! There is a preface written by Dr. Elder in February 2006 included as part of the Special Edition, which may be where the confusion lies. I don't believe any other updates have been made to the main text. I purchased the book fully believing it was only a year old, and was a bit miffed to see the actual copyright date.

While I feel the technical analysis described in detail by Dr. Elder is still valid, the book shows its age in Chapter 4-Computerized Technical Analysis. One quote states: "A computer helps you process more information". (Really, tell me more about these computers, did you call them?) He also seems a bit archaic when he suggests that you can use pencil and graph paper to calculate and record your own moving averages. How quaint.

Again, this is only a minor distraction from a good, thorough review of technical analysis (and not really Dr. Elder's fault), but for those looking for current, computer-based, short-term-trading strategies, you may wish to buy something more updated, using Dr. Elder's book as more of a general reference.

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Rating: - A very useful step-by-step guide to trading
This book is brilliant. Mr.Elder has a very clear and objective style of thinking and writing. He doesn't want to be a market guru. He reveals that there is no mistery, no magic, no secrets to become a professional trader. Everything is explained and cleared before starting the technical lessons. Individual and mass psychology, technical analysis, indicators, risk management (the best insight of the book).

I rated this 4 stars because I personally believe that Mr. Elder's book Come Into My Trading Room: A Complete Guide to Trading is better than this one. It took some years to him to write it and his on trading method has improved, althought it is still based on the triple-screen (described very deep on TRADING FOR A LIVING).

Hope it can be so useful to you as it is to me. I strongly recommend. It works for all markets.

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Rating: - first stop
if you are entering the financial market. this is the first book you need!!! learning and understanding this books knowledge, i am sure will be fundimental too your success. having the study guide with it only enhances its worth.a must have starting point.

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Rating: - The Complete Trading for a Living
Fast moving. Investigates the critical concepts of trading. Explains clearly the more difficult transactions in a "easy-to-follow" concise manner. Would recommend it for any serious trader.

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Rating: - Timeless classic reference
Don't think I need to add anything to the consensus. If your intent is to trade for a living, then you must have this tome as a reference.