Study Guide for The New Trading for a Living
eBook - ePub

Study Guide for The New Trading for a Living

  1. English
  2. ePUB (mobile friendly)
  3. Available on iOS & Android
eBook - ePub

Study Guide for The New Trading for a Living

About this book

Test your trading knowledge and skills — without risking any money

You may read the best trading book, but how much of that knowledge will you retain a week later? This is why you need this Study Guide for The New Trading for a Living. It'll give you a firmer grasp of the essential trading rules and skills. This Study Guide, based on the bestselling trading book of all time, was created by its author to help you master the key points of his classic book.

The Study Guide's 170 multiple-choice questions are divided into 11 chapters, each with its own rating scale. They cover the entire range of trading topics, from psychology to system design, from risk management to becoming an organized trader. Each question is linked to a specific chapter in the main book, while the Answers section functions like a mini-textbook. It doesn't just tell you that A is right or B is wrong—it provides extensive comments on both the correct and incorrect answers.

This Study Guide also contains 17 charts that challenge you to recognize various trading signals and patterns. Everything is designed to help you become a better trader.

Consider getting two books as a package—the Study Guide and The New Trading for a Living. They're designed to work together as a unique educational tool. The Study Guide for The New Trading for a Living is a valuable resource for any trader who wants to achieve sustainable market success.

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Yes, you can access Study Guide for The New Trading for a Living by Alexander Elder in PDF and/or ePUB format, as well as other popular books in Business & Finance. We have over one million books available in our catalogue for you to explore.

Information

Publisher
Wiley
Year
2014
Print ISBN
9781118467459
eBook ISBN
9781118984703
Edition
2
Topic
Business
Subtopic
Finance
Index
Business

PART I

QUESTIONS
AND
RATING SCALES

Introduction

To win in trading, you must outperform masses of competitors. The majority must lose in order to pay those who win. To become a successful trader, you must beat the odds against you. You must learn to think and act differently from the market crowd.
The New Trading for a Living contains several unorthodox trading ideas. The aim of this Introduction is to pause at the beginning of the journey and to see whether you are in tune with some of the unconventional thinking about trading.
Questions Trial 1 Trial 2 Trial 3 Trial 4 Trial 5
1
2
3
4
5
6
7
8
9
Correct answers

Question 0-1

  1. Which of the following methods of making trading decisions can serve traders well in the long run?
    1. Fundamental analysis
    2. Inside information
    3. Hunches and tips
    4. Technical analysis
      1. I and II
      2. II and III
      3. I and IV
      4. III and IV

Question 0-2

  1. Which of the following isn't needed for trading success?
    1. Trading psychology
    2. Analytic method
    3. Connections with market insiders
    4. Money management method

Question 0-3

  1. The best approach to reading a book on trading is to
    1. test all the ideas that interest you on your own market data.
    2. incorporate all the ideas in your work.
    3. not trust what you read—why would anyone share good trading ideas?
    4. ask other traders whether the ideas in the book worked for them.

Question 0-4

  1. Which of the following is not a maj...

Table of contents

  1. Cover
  2. Series
  3. Title Page
  4. Copyright
  5. ABOUT THIS STUDY GUIDE
  6. PART I: QUESTIONS RATING SCALES
  7. PART II: ANSWERS AND COMMENTS
  8. Afterword
  9. Sources
  10. About the Author
  11. End User License Agreement