info@ifc.ir   021-66724545
  پارسی   English   العربیه

The New Sell and Sell Short: How To Take Profits, Cut Losses, and Benefit From Price Declines, 2nd Edition

توضیحات

THE NEW SELL & SELL SHORT EXPANDED SECOND EDITION

Any beginner in the stock market knows how to buy. Knowing when to sell will setyou above the crowd. This book will teach you when to sell and how to sell short.Stocks go down much faster than they rise, and knowing how to short doubles youropportunities. Amateurs don't know how to short and are afraid of it, but professionals love to profit from declines.

This new and expanded edition includes an intensive study of the 2007–2009 bear market, with many specific trading examples, distilling the essential lessons of recent years.

"Elder clearly shows how to take profits on winning trades or cut losing trades. He skillfullycombines technical analysis with trading psychology and risk management. Elder lets you in on a favorite game of market professionals — shorting overvalued stocks. His trading lessons from the recent crash are valuable and practical."
John J. Murphy, author of Technical Analysis of the Financial Markets

"The New Sell & Sell Short delivers practical techniques for selling and shorting. In his relaxed style, colored with humor, Alex details strategies for limiting risk and protecting profits. My favorite is what he calls 'engine noise,' illustrated in a great study of Ford. His chapters on shorting tops and downtrends make difficult tasks accessible to all. This is an indispensable book for investors and speculators alike."
David Weis, trader and author of Trades about to Happen

"Dr. Alexander Elder is one of the world's most respected teachers of trading mastery. I've read hundreds of books on trading and consider his writings to be among the mostvaluable and useful. Traders who do not know when to sell or how to profit from price declines keep missing major opportunities and expose themselves to unnecessary risks. The New Sell & Sell Short should be required reading for any serious trader or investor."
Ed Dobson, founder of Traders Press Inc. and a private, full-time trader


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).
Introduction.

WHY SELL?

ABOUT THE Q&A.

PART ONE PSYCHOLOGY, RISK MANAGEMENT, & RECORD-KEEPING.

Chapter 1 On Buying.

THE THREE GREAT DIVIDES.

ONE TRADER'S TOOLBOX.

Chapter 2 Trading Psychology and Risk Management.

YOUR MIND AS A TRADING TOOL.

RISK CONTROL.

Chapter 3 On Keeping Records.

GOOD RECORDS LEAD TO GOOD TRADING.

TRADER'S SPREADSHEET—BASIC ACCOUNTABILITY.

TRADING DIARY—YOUR KEY TO LASTING SUCCESS.

HOW TO DOCUMENT YOUR TRADING PLAN.

MARGRET'S METHOD—PUT IT ON THE WALL.

HOW TO GRADE YOUR PERFORMANCE.

TWO TYPES OF TRADING.

QUESTIONS.

ANSWERS. 

PART TWO HOW TO SELL.

Chapter 4 Selling at a Target.

SELLING AT A MOVING AVERAGE.

SELLING AT ENVELOPES OR CHANNELS.

SELLING AT RESISTANCE LEVELS.

Chapter 5 Selling on a Stop.

THE IRON TRIANGLE.

MARKET OR LIMIT ORDERS.

HARD AND SOFT STOPS.

A BAD PLACE.

REDUCING SLIPPAGE—TIGHTER BY A PENNY.

NIC'S STOP—TIGHTER BY A DAY.

WHEN TO USE WIDER STOPS.

MOVING STOPS.

A SAFEZONE STOP.

VOLATILITY-DROP TRAILING STOPS.

Chapter 6 Selling "Engine Noise."

WEAKENING MOMENTUM.

AN "ENGINE NOISE"EXIT FROM A SHORT-TERM TRADE.

A DISCRETIONARY EXIT FROM A LONG-TERM TRADE.

SELLING BEFORE EARNINGS REPORTS.

THE MARKET RINGS A BELL.

TRADING WITH THE NEW HIGH–NEW LOW INDEX.

THE DECISION TREE FOR SELLING.

QUESTIONS.

ANSWERS. 

PART THREE HOW TO SELL SHORT.

Chapter 7 Shorting Stocks.

YOUR FIRST SHORTS.

THE ASYMMETRY OF TOPS AND BOTTOMS.

SHORTING TOPS.

SHORTING DOWNTRENDS.

SHORTING FUNDAMENTALS.

FINDING STOCKS TO SHORT.

SHORT INTEREST.

Chapter 8 Shorting Non-Equity Instruments.

SHORTING FUTURES.

WRITING OPTIONS.

FOREX.

QUESTIONS.

ANSWERS. 

PART FOUR LESSONS OF THE BEAR MARKET.

Chapter 9 Bears Make Money.

THE BEAR WAS BEGINNING TO STIR IN ITS CAVE.

THE SENTIMENT INDICATORS ARE EARLY.

THE TOP OF THE BULL MARKET.

BEARISH DIVERGENCE AT THE 2007 TOP.

THE BUBBLE POPS: MGM.

SHORTING A HIGH-FLYER.

A BEAR MARKET IS A DESTROYER OF VALUE.

SWINGING IN AND OUT OF A MAJOR DOWNTREND.

TRADING IN A DOWNCHANNEL.

PREPARED FOR A SURPRISE.

"BULL MARKETS HAVE NO RESISTANCE AND BEAR MARKETS HAVE NO SUPPORT."

FOR WHOM THE BELL TOLLS OR THE HOUND BARKS TWICE.

MR. BUFFETT BUYS TOO SOON.

MAY I POUR SOME GASOLINE ON YOUR FIRE?

KEEP SHORTING ON THE WAY DOWN.

Chapter 10 Groping for a Bottom.

THIS STOCK MARKET IS NOT GOING DOWN TO ZERO.

A "DOUBLE HELIX"GIVES A BUY SIGNAL.

JUST IN TIME FOR THE PARTY.

MY FAVORITE MAJOR BOTTOM SIGNAL.

SELLING A BULL.

EVERY BULL STUMBLES.

A SCREAMING SHORT.

Conclusion.

HANDLING PROFITS—THE PERSONAL DIVIDEND.

THE ROAD INTO THE FUTURE.

References.

Acknowledgments.

About the Author.