Come Into My Trading Room With Study Guide


  • Format: PDF
  • Pages: 209, 319
  • Published Date: 2002


In Come Into My Trading Room, noted trader and author Dr. Alexander Elder returns to expand far beyond the three M’s (Mind, Method, and Money) of his bestselling Trading for a Living. Shifting focus from technical analysis to the overall management of a trader’s money, time, and strategy, Dr. Elder takes readers from the fundamentals to the secrets of being a successful trader–identifying new, little known indicators that can lead to huge profits.

Study Guide for Come Into My Trading Room: A Complete Guide to Trading parallels the actual book, challenging you at every step with questions that make you focus on all the important areas of trading. Some tests are pencil-and-paper, others have you work with charts, but all prepare you to make crucial decisions.


Take a few minutes to read how this book is organized, so that you may get full value out of it. Part One, Financial Trading for Babes in the Woods, is written primarily for those who are just becoming interested in trading. It lays out topics whose mastery is essential for success and puts up danger signs around the main pitfalls. Even experienced traders would do well to review this chapter, especially the concept of external barriers to success, which has never before been spelled out in trading literature, and the critique of the efficient market theory.

Part Two, The Three M’s of Successful Trading, teaches you the three key aspects of trading—Mind, Method, and Money. Mind is your trading psychology. Method is how you go about finding trades and making entry and exit decisions. Money is how you manage your trading capital for long-term survival and success. Once we review the psychological rules, I’ll share with you my favorite analytic tools, some of which I have never before revealed. We will cover system testing, daytrading, and a new method for placing stops. The step-by-step money management strategy has never before appeared in trading literature.

Part Three, Come into My Trading Room, delivers another first—a set of exact instructions for organizing your time and effort, as well as keeping good records. Proper record keeping is a hallmark of successful trading. Good records help you learn from your mistakes as well as victories. You know you should keep records, but now you’ll see exactly how to do it. By the time you work through this section, nobody can call you “a babe in the woods.”

Contents of Come Into My Trading Room:

  • Invest? Trade? Gamble?
  • What Markets to Trade?
  • The First Steps
  • Mind—The Disciplined Trader
  • Method—Technical Analysis
  • Trading
  • Money Management Formulas
  • The Organized Trader
  • Trading for a Living
  • Come Into My Trading Room

Contents of Study Guide for Come Into My Trading Room:

  • Financial Trading for Babes in the Woods
  • Mind—The Disciplined Trader
  • Basic Charting
  • Indicators—Five Bullets to a Clip
  • Trading
  • Day-Trading
  • Advanced Concepts
  • Money Management
  • The Organized Trader
  • Let’s Trade: Case Studies and Questions