The New Sell and Sell Short

Alexander Elder 지음

Wiley 2011년 02월 16일 출간

작품소개

책소개

A detailed look at one of the most underestimated aspects of trading-sellingIn The New Sell and Sell Short, Second Edition, Dr. Alexander Elder explains how to exit a stock at the right time and how to initiate a short position to profit from a stock that is showing weakness. Often overlooked, selling properly enables a trader to cut losses and maximize profits. Moreover, short selling in a weak market can generate big profits and should be a part of every trader's arsenal of tools. The new edition contains numerous examples of short selling stocks from the 2008-2009 bear market, demonstrating very clearly why traders do themselves a disservice by only focusing on the long side. In addition, the new edition contains an extensive study guide to help readers master the material prior to trading.Elder shares real-world examples that show how to manage your positions by adjusting your exit points as a trade unfolds.Contains new examples and insights from the 2008-2009 market meltdownIncludes an extensive study guide with 115 questions and answers and 17 chart studiesDiscusses the selling process from a variety of angles: technical, fundamental, and psychologicalExplains how to maximize winnings in a profitable trade and how to minimize losses when a trade doesn't go as plannedOffers detailed guidance for traders of stocks, financial futures, commodities, and currenciesExplains how to set profit targets and stop-loss orders prior to entering any trade Other bestselling titles by Elder: Trading for a Living, Come Into My Trading Room, and Entries and ExitsUnderstanding where and when to sell is essential to successful trading. The New Sell and Sell Short, Second Edition is the definitive reference to this overlooked, but vitally important, aspect of trading.

목차

Introduction xvWHY SELL? xvABOUT THE QA xviiPART ONE PSYCHOLOGY, RISK MANAGEMENT, RECORD-KEEPING 1Chapter 1 On Buying 3THE THREE GREAT DIVIDES 3ONE TRADER&-S TOOLBOX 7Chapter 2 Trading Psychology and Risk Management 9YOUR MIND AS A TRADING TOOL 9RISK CONTROL 11Chapter 3 On Keeping Records 13GOOD RECORDS LEAD TO GOOD TRADING 13TRADER&-S SPREADSHEET&-BASIC ACCOUNTABILITY 14TRADING DIARY&-YOUR KEY TO LASTING SUCCESS 16HOW TO DOCUMENT YOUR TRADING PLAN 20MARGRET&-S METHOD&-PUT IT ON THE WALL 24HOW TO GRADE YOUR PERFORMANCE 24TWO TYPES OF TRADING 26Questions 29Answers 45PART TWO HOW TO SELL 57Chapter 4 Selling at a Target 61SELLING AT A MOVING AVERAGE 63SELLING AT ENVELOPES OR CHANNELS 71SELLING AT RESISTANCE LEVELS 83Chapter 5 Selling on a Stop 95THE IRON TRIANGLE 97MARKET OR LIMIT ORDERS 99HARD AND SOFT STOPS 101A BAD PLACE 102REDUCING SLIPPAGE&-TIGHTER BY A PENNY 109NIC&-S STOP&-TIGHTER BY A DAY 110WHEN TO USE WIDER STOPS 117MOVING STOPS 120A SAFEZONE STOP 123VOLATILITY-DROP TRAILING STOPS 124Chapter 6 Selling &"Engine Noise&" 129WEAKENING MOMENTUM 130AN &"ENGINE NOISE&" EXIT FROM A SHORT-TERM TRADE 132A DISCRETIONARY EXIT FROM A LONG-TERM TRADE 135SELLING BEFORE EARNINGS REPORTS 139THE MARKET RINGS A BELL 143TRADING WITH THE NEW HIGH&~NEW LOW INDEX 148THE DECISION TREE FOR SELLING 151Questions 157Answers 183PART THREE HOW TO SELL SHORT 203Chapter 7 Shorting Stocks 207YOUR FIRST SHORTS 211THE ASYMMETRY OF TOPS AND BOTTOMS 214SHORTING TOPS 216SHORTING DOWNTRENDS 221SHORTING FUNDAMENTALS 224FINDING STOCKS TO SHORT 233SHORT INTEREST 237Chapter 8 Shorting Non-Equity Instruments 243SHORTING FUTURES 243WRITING OPTIONS 252FOREX 258QUESTION

작가정보

저자(글) Alexander Elder

저자 :

저자 :

저자 :

저자 :

저자 :
저자 :
저자 :
DR. Alexander Elder is a professional trader, a teacher of traders, and a psychiatrist. He is the founder of elder.com and SpikeTrade.com-both of which provide educational services to traders worldwide. Dr. Elder is the author of three bestselling books, Trading for a Living (translated into more than a dozen languages), Come Into My Trading Room (2002 Barron's Book of the Year), and Entries and Exits (2007 SFO Magazine Book of the Year).