“You can be free. You can live and work anywhere in the world. You can be independent from routine and not answer to anybody” - Dr. Alexander Elder, Trading for a Living

Books, Software, Videos
Browse our carefully selected tools for serious traders and contact us if you have any questions

Traders' Camps & classes
Become a better trader by learning in a small group from top professionals during a week-long class
Join a private Internet class, "Current Market with Dr. Elder", watch current market analysis and decision making, ask questions, review your favorite stocks
Membership, guests, freebies
Receive market analysis and dozens of attractive picks each week. Follow those that best fit your trading style and earn credits if you submit your ideas
Conferences, private consultations
Dr. Elder is widely recognized as a leading educator of traders worldwide. You can invite him to your conference
Info + Newsletter
Information on books, software and other tools reviewed personally by Dr. Elder to help you select study materials and tools
Sign up for Newsletter
A free monthly newsletter with a long tradition and thousands of readers, focusing on the big issues in trading

SpikeTrade - a unique group for traders from Dr Alexander Elder on Vimeo.

July 12, 2017

I'd like to share with you a few slides from the Password course I am teaching at in June and July. "Every trade deserves a name" - this means that each of us needs to clearly identify a small number of favorite patterns and trade only when those patterns emerge, not distracted by others.

Click here to enlarge this chart (only when you're online)

One of my favorite patterns for entering trades is "a divergence with a false breakout." You can see in the above example how the stock market surged to a new high, while MACD-Histogram traced a lower peak, creating a bearish divergence. Once the market sold off below the breakout line, it marked the latest upside breakout as false. There the trap was shut on the bulls and a bear market commenced.

Click here to


Caribbean: November 10 - 15 Traders' Camp
The $800 discount ends June 30

Only 20 traders will be accepted into this legendary, intensive, all-inclusive Camp. Master trading psychology, market analysis, trading systems, and risk management. Work exclusively with Dr. Elder. As a bonus, once you register, you'll receive immediate complimentary access to Dr Elder monthly webinars and weekly stock scans.

Click here to


A Trial Membership in at half-price

SpikeTrade is where Dr Alexander Elder and his partner Kerry Lovvorn analyze the market daily and run a trading competition. It is an educational resource and a generator of trading ideas. Here's a very brief video invitation.

Click here to
Founded in 1988
Tel: 800.458.0939
International: +1.718.507.1033
Privacy: the information you provide to us is confidential and secure and will not be shared or sold to anybody. To order or ask questions email us or call us during our business hours 10AM - 5PM ET