Book Summary — Educational Reference

Trading for a Living

Dr. Alexander Elder — Psychology, Trading Tactics, Money Management — 1993

Chapter Index

Quick Reference

3 Pillars Mind · Method · Money

2% Rule Max risk per trade

6% Rule Stop trading for month

Triple Screen

Screen 1: Weekly tide (trend)

Screen 2: Daily wave (oscillator)

Screen 3: Intraday ripple (entry)

Elder-Ray

Bull Power = High − EMA

Bear Power = Low − EMA

Glossary

Key Methods Summary

Trading for a Living — Book Summary & Insights — Based on Dr. Alexander Elder's framework

Educational reference only. Not financial advice.