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The New Trading for a Living

Dr. Alexander Elder launches "The New Trading for a Living" from Dr Alexander Elder on Vimeo.

June 14, 2017

In my May letter to you I wrote: "...we see as clear a structure of a bull market as you're going to get, with an orderly pattern of higher highs and higher lows. ... It reflects the resilience of bulls and a relative weakness of the bears."

The market continued to rally, but now, as we approach the period of summer doldrums, let's review our charts for any clues what to expect in the weeks and months ahead.

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

Mr Bull stumbled last Friday, regained its balance on Monday, then rallied on Tuesday. Even the hurt FANG stocks (Facebook, Amazon, Apple, Netflix, Google) had stabilized and many of them rallied. Keep in mind that extremely sharp breaks, such as the ones we saw last week, are typically followed by a reflex bounce and then by a slow grind back to the original lows or even lower. Such double bottoms - slow to form and stressful for holders - often create bases for fresh rallies.

Click here to read more...

Education

Caribbean: November 10 - 15 Traders' Camp
The $1,000 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 read more...

Special

The New Trading for a Living VIDEO

This 2+ hour video has 11 chapters, one for each part of Dr Elder's bestselling book: from psychology to trading systems, to risk management, to practical details. Delivered in Dr. Elder's trademark conversational, practical and straightforward style, this video serves as an efficient introduction to the key trading concepts and rules, with multiple examples.

This video does not replace the book, but if you like visual learning, it'll give you a very thorough overview and get you up to speed on the key ideas and rules.

List price $199, special only $99 (ends July 10). Choose download or DVD.

 
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