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Strategies & Market Trends : Position Trading Forum -- Ignore unavailable to you. Want to Upgrade?


To: William W. Dwyer, Jr. who wrote (2776)10/3/1998 6:02:00 PM
From: Nazbuster  Read Replies (1) | Respond to of 7247
 
Bill,

Elder's book was the FIRST one I read! You're right. Essential for newbies like me. Good explanations of the basic chart patterns and psychology behind them.

Interesting that he is/was a psychiatrist and got into trading psychology by studying addictive behavior and gamblers. He starts each trading day by recognizing the urge to gamble and saying, "I am a loser," to remind himself not to gamble.