by Thomas K. Carr
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| List Price: | $39.95 |
| Amazon Price: | $26.37 & eligible for FREE Super Saver Shipping on orders over $25. |
| You Save: | $13.58 (34%) |
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| Lowest New Price: | $23.64 |
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Product Description
Trade the trend and you can trade for a living If you're going to play the stock market, play to win by using a fundamental strategy of most hedge fund managers-trend trading. In Trend Trading for a Living, the trading coach and hedge fund manager known on Wall Street as “Dr. Stoxx” shares his personal strategies for analyzing markets, picking stocks, and knowing when to buy and sell. This step-by-step book offers a practical road map to get yourself familiarized with the stock market and into the driver's seat of your financial future. In five progressive parts, Trend Trading for a Living helps you: - Configure your platform: setup your home computer to trade online with the best brokers
- Learn the basics: understand trend trading, select stocks to watch, and interpret market signs
- Get in the game: select the most profitable bullish and bearish stocks and pick your entry and exit prices
- Leverage your portfolio: learn how to trade with options to increase your financial rewards
- Turn pro: with patience, determination, and a strategy grounded in fundamentals, you can “trade for a living”
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Average Customer Review:
0 of 0 people found the following review helpful:
 Trend Trading for a Living, 2008-07-18
A great book with real insight. I particularly like the fact that he actually provides about 10 scan setups to help locate stocks which fit various bull and bear configurations he describes, then he explains how to trade them. Very useful, its at my desk everyday.
1 of 2 people found the following review helpful:
Get the edge, 2008-06-25
Psychology, money management and an edge with a positive expectancy is all you need for trading success. The trading strategies in Dr. Carr's book give you that edge and are also easily adapted to end of day trading and longer trends. The Dr.'s passion for trading and teaching his readers to trade is obvious throughout the book. I've been trading trends for a very long time and I now have a book that I can recommend to people who want to know how to succeed using this method.
3 of 4 people found the following review helpful:
 It was ok - sounded like an ad, 2008-06-10
It was an ok book. I expected alot more from the author. I don't like books that self promote all through the book. I bought the book, obviously I like you and what you represent. I do not need to be reminded of that every few pages.
It could have been alot more. There was some useful information - but the promotion gets in the way.
5 of 7 people found the following review helpful:
In Response to Dr. Elder, 2008-06-05
I am honored that Dr. Elder would take the time to respond to my recently published book, "Trend Trading for a Living". For the record, the title was chosen by the publisher for reasons not disclosed to me (my own title suggestion was rejected). With all due respect to one whose work I respect a great deal, I'd like to correct his primary assertion: my book has a lot to do with his, for it was his classic text, "Trading for a Living", that got me started on the road toward building techical trading systems.
As I state in my acknowledgements, "...I am indebted to Alexander Elder, master teacher and market psychologist. Dr. Elder first revealed to me the elegance and logic of technical analysis as applied to price charts. Many of the of the key concepts embedded in the systems explained in this text come from his seminal work...now considered a classic in trading literature" (p. xv). Later in the book, in the introductory chapter, I devote two paragraphs to explaining what I learned from reading Elder's work (p. 17). The principle of "divergence", so central to several of my systems, I learned from him.
Of course, our books differ markedly. I offer 10 complete trading systems (5 long, 5 short) whereas his book offers 3 systems (triple screen, parabolic, channel). Elder is primarily a futures trader, and his examples are from futures markets, whereas I am exclusively a stock trader. One-fifth of my book is devoted to trend trading stock options but his only mentions options (on futures contracts) in passing. And Elder's book offers a catalog (very helpful) of over 20 technical indicators and sentiment readings while I've tried to simplify things by discussing only those indicators I've found to be most reliable for trend trading (trendlines, RSI, MACD, OBV, CCI, Stochastics, Moving Averages, and candlesticks).
Regardless, I hope that Dr. Elder would read my book and learn there just how much his work has meant to me. I owe him a great deal of thanks and hope to meet him one day soon to express that.
4 of 12 people found the following review helpful:
 Misleading Title, 2008-06-03
This title attempts to capitalize on the success of my international bestseller TRADING FOR A LIVING. For the record, this 'version' has absolutely nothing to do with my book.
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