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Come Into My Trading Room: A Complete Guide to Trading

Come Into My Trading Room: A Complete Guide to Trading

List Price: $49.95
Your Price: $32.97
Product Info Reviews

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Rating: 5 stars
Summary: A Truly Remarkable Book
Review: "Come Into My Trading Room" is truly a remarkable book. After reading it I immediately began integrating many of Dr. Elder's ideas into my trading.

In particular, I found Dr. Elder's advanced ideas on money management & profit targets extremely helpful. His analysis of the psychological aspects of market participants--the never ceasing battle between bulls and bears, between "outsiders" and "insiders"--and how these affect the movement of prices are very illuminating.

I thank Dr. Elder for his work. His earlier book "Trading for a Living" and "Come into My Trading Room" have become two of the most valuable books in my trading library.

I hope Dr. Elder will find the time and effort to continue his writing.

Rating: 5 stars
Summary: A gem of a book
Review: Hi Dr Elder,

I have just bought your book and study guide (Come into my Trading Room). (I own and have read (numerous times) your other book, Trading for a Living).

Your latest book is very easy to read and is clear in its information. There are very, very few trading related books out there which I've come to enjoy and cherish. Yours is one of them.

All I wish to say is...Thank You for writing such a wonderful book and making it available to the general public. I hope one day to meet you at your Traders' Camp.

Thanks again and Regards,

Kumar Pillai

Rating: 5 stars
Summary: How to become a successful trader
Review: From my perspective as a 25 year professional options trader, I wish this book had been available when I started my career. Elder does the trader a great service by pointing out the importance of money management - something the beginning trader often overlooks. If you are serious about making a living from the stock, options, or futures markets, this book is a must read.

Rating: 4 stars
Summary: Very Good, But Not as Good as "Trading for a Living"
Review: This book covers all the basics of trading, from selecting which market(s) you are going to trade, to deciding on your trading timeframe, to picking entries and exits, and finally to money management and psychology. Although it is very well-rounded, I felt that it did not contain as much meat as Elder's previous trading book, "Trading for a Living." Still, it is a good book and I would recommend it, especially as a companion to "Trading for a Living."

Rating: 4 stars
Summary: Good book
Review: Basically an updated version of Trading for a Living with some real examples of Elder's trades at the very end. This is a must have for any Elder fan and a good book for an intermediate trader. I'd give it a 4.5 out of 5. This is a close 2nd to my library of trading books - after Nison's Candlestick book.

Rating: 5 stars
Summary: The New Testement of Trading
Review: I have always regarded Dr Alex Elder's first book 'Trading for a Living' as the trader's bible. It explained in graphic detail everything novice and experienced traders needed to understand about trading and if a novice trader had explicitly followed Dr Elder's guidelines when the book was released in 1993 I'm sure she or he would now be making a very comfortable living.

With the release of Dr Elder's latest book I guess I now have to change my description to something resembling the Old Testament while his second offering becomes the New Testament. I don't mean to be flippant to either the Bible or to Dr Elder's books. All are beautifully written masterpieces.

Come Into My Trading Room took three years to write and essentially takes over from where Trading For a Living ended. Dr Elder uses research from many sources and feedback from his very popular Trader's Camps to research this book. He has the rare insight to really understand why traders lose money and what they need to do to start taking money out of the world's financial markets.

Dr Elder has identified three requirements that are paramount to successful trading¯Mind, Method, and Money¯the 3 M's. Mind means 'developing psychological rules that will keep you calm amidst the noise of the markets', Method 'is a system of analyzing prices and developing a decision-making tree', and lastly, 'Money refers to money management, which means risking only a small part of your trading capital on any trade'.

After explaining these and many more concepts Dr Elder succinctly describes to the reader how to become a master trader. Yes, he gives instructions and explanations in how to use indicators; how to manage your money; build a trading plan; document trades and build a money management system. But be aware. This is no novel, it will test your intellect and you will have to read it over and over again. This is a book you will read once and then seriously study for many months¯even years if you purchase the accompanying study guide. A must for any serious trader or investor.

Rating: 5 stars
Summary: A great read
Review: I own a copy of Trading for a Living, now this. Its a great book without much overlap with his first book.

Its worth every penny.

satish paul

Rating: 5 stars
Summary: Great book
Review: This is a great book. It is fun and easy to read.
I already have my own trading style so I didnt get much from one of his 3Ms which he refers as Method. The rest of two Ms (Mind and Money) part reminded me whats important to keep in mind while I am trading.

Rating: 5 stars
Summary: Elder Rocks!
Review: 1. Buy it
2. Read it
3. Use it
4. Profit!

Rating: 4 stars
Summary: Where the book lets you down...
Review: I myself am a newbie to trading. If you are new yourself this book is a good read but much of the terminology used is expected that you already know but yet the author is trying to right to the 'Amateur' trader. I would recommend finding a more lower lvl book to get those basics that an Amateur needs and after understanding those concepts this book makes a great next step to read. Reading and implimenting are two different things and it would obviously be a while testing and implimenting before any judgement can be reached by anyone on it's successful nature. He does a great job showing some of his succesful trades, but I would like to have seen more of the unsuccessful ones to review and learn from.


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