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The New Sell and Sell Short: Strategies for Taking Profits, Cutting Losses, and Winning in Weak Markets , 2nd Edition 1st Edition
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ISBN
:
9780470181676
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Publisher
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John Wiley Exclusive
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Subject
:
Finance & Accounting
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Binding
:
Paperback
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Year
:
2008
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7251.0
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Description
In Sell and Sell Short, Dr. Alexander Elder examines one of the most overlooked aspects of trading and reveals how you can protect and profit from your trades by exiting them the right way. Throughout the book, he explains how to set profit targets and stop-loss orders prior to entering any trade. He also shares real-world examples that show how to manage your position by adjusting your exit points as a trade unfolds. Along the way, Elder also addresses short selling. About the Author Dr. Elder asserts that all traders should learn to short. He shows what to look for at market tops and how to jump onto a downtrend. He explains how to use important indicators of short selling activity, such as the short-interest ratio. A special chapter is dedicated to shorting non-equity instruments, such as futures, options, and forex. Many beginners approach selling in a vague and indecisive manner. Sell and Sell Short offers traders the essential lessons, rules, and instructions all traders need. This book will help you make the right choices in the markets and put you on the road to trading success. Dr. Alexander Elder is a trader and a teacher of traders. He is the author of Trading for a Living (a bestseller translated into a dozen languages), Come Into My Trading Room (2002 Barron's Book of the Year), and Entries & Exits (2007 SFO Magazine Book of the Year). Dr. Elder lectures for leading financial institutions worldwide and runs annual Traders' Camps. Many of his own trades are featured in this book.
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