Stock Market Books that You Must Read.
Come into My Trading Room by Dr. Alexander Elder
Delve into the intricate world of trading with Dr. Alexander Elder’s latest masterpiece, “Come Into My Trading Room.” Building on his bestseller, “Trading for a Living,” Elder explores the essential elements of successful trading, from mastering psychology to refining money management.
With a focus on holistic trading management, Elder unveils new indicators and insights for substantial profits across stocks, futures, and options. Drawing from his expertise as a trader and psychiatrist, Elder offers invaluable advice on discipline and resilience.
Whether novice or seasoned, “Come Into My Trading Room” empowers traders to enter the market with confidence and exit with profits, a must-read for all traders.
Pros
- Provides a valuable complement to “Trading for a Living,” offering deeper technical insights, particularly beneficial for futures traders.
- Offers a comprehensive guide to trading psychology, emphasizing the importance of emotional control and money management, essential for success in any market.
- Good book for traders to enhance their detail knowledge in trading
- Overall, a valuable resource for anyone seeking to enhance their understanding of the stock market and improve their trading skills.
Cons
- Lack of discussion on how volatility mean reversion can undermine trading strategies if not applied correctly, potentially leaving readers ill-prepared for market realities.
- Book is expensive for Hardcover books and kindel
- It is highly complex and it is difficult for beginner
