Dr. Elder

Discussion in 'Psychology' started by soler, Feb 9, 2003.

  1. soler

    soler

    guys,

    has anyone recently read trading for a living?

    I need to confirm if Dr. Elder talks about 4 types of trades;
    1. small win
    2. small loss
    3. big win
    4. big loss

    stating that as long as we can control the big loss you'll be successful in trading....1 & 2 cxl each other out....#3 builds accounts.
     
  2. prox

    prox

    I have the book, but don't understand the question.

    What's so strange with small wins and small losses ?


    Small wins is typical of someone who moves to breakeven.
     
  3. marketsurfer

    marketsurfer Vendor

    yes

    best,

    surfer
     
  4. tfmoney

    tfmoney

    nope
     
  5. I recently read his second book, "Welcome to my Trading Room"... which basically said.... thanks for buying my first book.:D
     
  6. Nothing, they just happen...:D
     
  7. He is a good guy.

    The book is good too, I guess he is now more of an educator rather than a trader.