The New Trading for a Living: Psychology, Discipline, Trading Tools and Systems, Risk Control, Trade Management

The best-selling trading book of all time – updated for the new era

The New Trading for a Living updates a modern classic, popular worldwide among both private and institutional traders. This revised and expanded book brings time-tested concepts in gear with today's fast-moving markets, adding new studies and techniques for the modern trader.

This classic guide teaches a calm and disciplined approach to the markets. It emphasizes risk management along with self-management and provides clear rules for both. The New Trading for a Living includes templates for rating stock picks, creating trade plans, and evaluating your readiness to trade. It provides the knowledge, perspective, and tools for developing your own effective trading system.

All charts in this book are current, in full color, with clear comments on rules and techniques. The clarity of this book's language, its practical illustrations, and generous sharing of the essential skills have made it a model for the industry – often imitated but never duplicated. Both new and experienced traders will appreciate its insights and the calm, systematic approach to modern markets.

The New Trading for a Living will become an even more valuable resource than the author's previous books:

• Overcome barriers to success and develop stronger discipline
• Identify asymmetrical market zones, where rewards are higher and risks lower
• Master money management as you set entries, targets, and stops
• Use a record-keeping system that will make you into your own teacher

Successful trading is based on knowledge, focus, and discipline. The New Trading for a Living will lift your trading to a higher level by sharing classic wisdom along with modern market tools.

Study Guide for the New Trading for a Living

You may read the best trading book, but how much of that knowledge will you retain a week later? This is why you need the Study Guide for The New Trading for a Living, created by its author to help you master the key points of his new 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 with 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.

The Study Guide for The New Trading for a Living is a valuable resource for any trader who wants to achieve sustainable market success.