Rating: 
- Good Position Trading Book for stocks & futures
As a day trader of currencies, I found this book somewhat helpful. This book has a great section on the pyschology of trading but its trading techniques and thougths are geared more towards a postion trader, especially with stocks and futures. Also, its day trading sections relies heavily on technical indicators but most day trading decisions rely on price patterns which Elder admits himself. Excellent book on psychology of both position trading and day trading, but techniques and trading plans are geared more towards position trading.
Rating:
- Highly Recommended
Got the book from the library - the reserved list, and no wonder why after reading. I am thinking of spending the money to buy one and keep, that tells you the book is worth it. I started changing my trading habits half way reading the book, to the least, I think I am in better control of my trades now.
Rating: - Investor's seal of approval
I got this book for my dad for his birthday and he loves it. He's been investing and playing the stock market for over a year, and he says that this is one of the best books he's read on this topic. Highly recommended!
Rating: - Good for beginners and intermediate level investors.
This is a very useful book to introduce the concept in planning and strategy level. A common mistake in margin trading from the beginners is too much orders on hand. Dr. Alexander Elder demonstrates a good way to show the rules. The plan of how to allocate the capital and limit the potential risk when the market trend goes to opposite direction is very important. I would highly recommend this book to the beginners in margin trading.
Rating: - Best book on the topic
I found this book along with Marcel Link's 'High probability trading' the best of dozens of books I've bought on the topic recently. Although it's not only a technical analysis book the part on technical analysis is more clearly written than most books dedicated to TA. The behavour of market is explained through trader's psychology and backed up with real life comparisions.
- Good Position Trading Book for stocks & futuresAs a day trader of currencies, I found this book somewhat helpful. This book has a great section on the pyschology of trading but its trading techniques and thougths are geared more towards a postion trader, especially with stocks and futures. Also, its day trading sections relies heavily on technical indicators but most day trading decisions rely on price patterns which Elder admits himself. Excellent book on psychology of both position trading and day trading, but techniques and trading plans are geared more towards position trading.
Rating:
- Highly RecommendedGot the book from the library - the reserved list, and no wonder why after reading. I am thinking of spending the money to buy one and keep, that tells you the book is worth it. I started changing my trading habits half way reading the book, to the least, I think I am in better control of my trades now.
Rating:
- Investor's seal of approvalI got this book for my dad for his birthday and he loves it. He's been investing and playing the stock market for over a year, and he says that this is one of the best books he's read on this topic. Highly recommended!
Rating:
- Good for beginners and intermediate level investors.This is a very useful book to introduce the concept in planning and strategy level. A common mistake in margin trading from the beginners is too much orders on hand. Dr. Alexander Elder demonstrates a good way to show the rules. The plan of how to allocate the capital and limit the potential risk when the market trend goes to opposite direction is very important. I would highly recommend this book to the beginners in margin trading.
Rating:
- Best book on the topicI found this book along with Marcel Link's 'High probability trading' the best of dozens of books I've bought on the topic recently. Although it's not only a technical analysis book the part on technical analysis is more clearly written than most books dedicated to TA. The behavour of market is explained through trader's psychology and backed up with real life comparisions.