Monday, April 27, 2020

TRADING FOR A LIVING (BY DR ALEXANDER ELDER)

Here is the link.


  1. The three pillars of trading
  2. How to keep your emotions in check
  3. One indicator to rule them all 
  4. The triple screen tracking system 

Three pillars

Psychology
Market analysis & trading systems
Money management

Be realistic
Keep a diary of your trades
  Learn from past mistake and will not make it again in the future
Set up rules
Stop trading
Don't count money
Practice sound money management



Weekly MACD-histogram - S & P 500



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