To Trade or Not to Trade: A Beginner’s Guide 3rd Expanded Edition (eBook)

by Alexander Elder

( edition - eBook)

Alexander Elder, the author of two legendary trading books - Trading for a Living and Come Into My Trading Room, has done it again.  With his latest book, Elder lays out the exact steps that beginning traders (and traders that want a solid foundation) should take to be successful in the long run.

This inexpensive electronic book, created exclusively for users, will tell you everything you need to know in order to maximize your trading potential.

"You can be free. You can live and work anywhere in the world, be independent from the routine, and not answer to anybody. This is the life of a successful trader. Many aspire to it but few succeed. Newcomers often fail to prepare for the markets tough challenges. They keep making serious mistakes that could easily be avoided. This book will help you decide whether trading is for you and teach you its key essential rules." - Alexander Elder


Is it possible to trade for a living?
Can anyone become a successful trader?

MIND - Trading Psychology for Beginners


What you need to succeed
Who should not trade?
A trading aptitude test
Trading psychology resources

METHOD: Trading Rules for Beginners


Two ways to analyze markets
Mind the gap between price and value
Live data and day-trading
Going long, selling short, or spreading
What stocks to trade
Futures, options, and forex
Use multiple timeframes
Discretionary and systematic trading
Placing orders
Profit targets
Protective stops



The three essential numbers for every trade
The 2% Rule
The 6% Rule
Trade sizing - the iron triangle of risk control
What account size is good for beginners?



Paper trading
What is your edge?
Opening a brokerage account
Continuing education: books, software, etc.

You can find more information about this and other books by Dr. Elder at

Electronic PDF: approx. 67 printed pages

Availability: Downloadable upon payment. E-books are non-returnable and non-refundable
Click here for more Important information on downloading

IMPORTANT NOTE: After you have completed your purchase, TWO email messages will be sent to you.  The first one is your order confirmation message.  A second email should follow shortly containing a link that you can use to download this PDF eBook.  
 Please contact if that second email message doesn't arrive within 20 minutes of completing your order.  More info.

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