Free Download Come Into My Trading Room: A Complete Guide to Trading By Alexander Elder
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The definitive trading manual for the modern era
In Come Into My Trading Room, renowned trader and author Dr. Alexander Elder builds upon his groundbreaking work in Trading for a Living, extending far beyond the original “three M’s” of Mind, Method, and Money. Shifting attention from pure technical analysis to the comprehensive management of a trader’s capital, time, and approach, Dr. Elder guides readers from foundational principles to advanced strategies—highlighting underused indicators that have the potential to yield substantial gains.
This all-encompassing guide is designed to both introduce newcomers to essential trading concepts and enhance the skills of experienced market participants through reliable techniques and professional insights. Come Into My Trading Room offers a full-spectrum education in trading—revisiting the core principles of the three M’s, presenting a detailed and practical approach to risk management, and exploring how to structure your trading day for maximum effectiveness. The book also covers fundamentals of trading across stocks, futures, and options, while providing powerful psychological tools to foster discipline and consistency.
By teaching readers how to integrate mindset, methodology, and money management, Come Into My Trading Room empowers traders to engage with the markets with clarity and confidence—and to leave with consistent profits. Its unmatched depth and variety of topics make it a resource that both beginner and advanced traders will turn to time and again.
Dr. Alexander Elder (New York, NY) is a professional trader, technical analysis authority, and licensed psychiatrist. He is the founder of Financial Trading Inc., which hosts intensive trading camps for traders around the globe. Elder’s first book, Trading for a Living, and its accompanying study guide have sold over 160,000 copies worldwide.
ABOUT THE AUTHOR
ALEXANDER ELDER, MD, is a seasoned trader, a leading figure in technical analysis, and a practicing psychiatrist. He founded Financial Trading Inc., a company that organizes immersive training camps for traders internationally. His debut book, Trading for a Living, along with its companion Study Guide, has sold more than 160,000 English-language copies and has been translated into nine different languages.
TABLE OF CONTENTS
Dedication iv
Introduction 1
How This Book Is Organized 2
Male Or Female? 4
Part One Financial Trading for Babes in the Woods 5
1 Invest? Trade? Gamble? 7
An Intelligent Investor 7
An Intelligent Trader 8
An Intelligent Gambler? 12
2 What Markets to Trade? 15
Stocks 16
Futures 18
Options 20
3 The First Steps 25
The External Barriers to Success 25
Getting Your Gear 32
Analysis and Trading 39
Part Two The Three M’S of Successful Trading 45
4 Mind—The Disciplined Trader 47
Sleepwalking Through the Market 49
A Remedy for Self-destructiveness 54
The Mature Trader 61
5 Method—Technical Analysis 67
Basic Charting 68
Indicators—Five Bullets to a Clip 84
6 Trading 123
System Testing 125
Triple Screen Update 128
Day-trading 138
The Impulse System 157
Market Thermometer 162
Exiting Trades 165
Choosing What to Trade 183
7 Money Management Formulas 215
No Math Illiterates 217
Businessman’s Risk vs. Loss. 218
The 2% Solution—Protection From Sharks 220
The 6% Rule—Protection From Piranhas 223
Position Sizing 227
Money Management Steps 230
Part Three Come Into My Trading Room 233
8 The Organized Trader 235
Trader’s Spreadsheet 236
The Equity Curve 238
Trading Diary 240
Action Plan 242
9 Trading for a Living 245
Discipline and Humility 247
Have You Got the Time? 251
The Decision-making Tree 257
Beginner, Semipro, Pro 264
Going Pro 267
10 Come Into My Trading Room 271
Excerpts From the Diary 273
Your Next Trade 298
Acknowledgments 301
Sources 303
Index 307
About the Author 313
