An extended audio version of one of the world’s most famous trading guides, written by stock trading guru Alexander Elder. The preparation of the Russian text of the audiobook was carried out under the supervision of the author. As the most successful player in the US financial market, Elder not only generously shares the secrets of his mastery, but also offers listeners more than 200 trading problems with solutions. методы of playing in foreign exchange, stock, futures and other markets are presented in a lively and accessible form.
+ file application with tasks and solutions.
+ booklet with tables
Preface to Russian edition 02
Foreword 03
Introduction 04
The basis of the stock exchange game — psychology 05
Obstacles on your way 06
Commission 07
Chapter 1
INDIVIDUAL PSYCHOLOGY 08
Why play on the stock exchange? 08
Fantasy vs. Reality 09
Autopilot Myth 10
Stock gurus 11
Miracle Method Guru 12
Self-destructive 13
Self-harm 14
The psychology of the stock market game 15
Stock Market Lessons Learned from Alcoholics Anonymous rules 16
To the bottom 17
Losers Anonymous 18
At bottom 19
Meeting for one 20
Winners and Losers 21
Responsible for Your Life 22
Chapter 2
THE PSYCHOLOGY OF THE EXCHANGE CROWD 23
What’s the price? 23
Market Value Agreement 24
What is an exchange? 25
Source of Money 26
Exchange Wednesday 27
Gunsmiths 28
Market crowd and you 29
Why join the crowd? thirty
Who is the leader? 31
Psychology of Trends 32
Trend leaders 33
Management or forecasting 34
Magic Mirror 35
Chapter 3
CLASSIC GRAPH ANALYSIS 36
Plotting 36
What the columns say 37
Japanese candlesticks 38
Support and Resistance 39
Support and Resistance Strength 40
Trend and Trade Corridor 41
Now or later? 42
Trendlines 43
Breakouts of trend lines 44
Breaks 45
Tear of Exhaustion 46
Graphic models 47
Signal «dog of the Baskervilles» 48
Game tactics (rectangles) 49
Game tactics (triangles) 50
Chapter 4
COMPUTER TECHNICAL ANALYSIS 01
Computers in the stock market game 01
Black boxes 02
Moving Averages 03
Exponential Moving Averages 04
Mechanical trading systems 05
Moving Average Convergence Divergence (MACD)
and MACD histogram 06
MACD histogram 07
The Strongest Signal in Technical Analysis 08
Directional movement system 09
Market Crowd Psychology 10
Rate, Rate of Change and Smooth Rate of Change 11
Rate and Rate of Change 12
Smoothed rate of change 13
Williams Percentage Range 14
Stochastic Oscillator 15
Game tactics 16
Relative strength index 17
CHAPTER 5
NECESSARY FACTORS 18
Volume 18
Game tactics 19
Volume indicators 20
Allocation accumulation indicator 21
Open interest 22
Game tactics 23
Herrick’s Index 24
Time 25
«Seasons» indicators 26
CHAPTER 6
STOCK MARKET INDICATORS 27
Index of New Highs — New Lows 27
Game tactics 28
Index of traders and other indicators of the stock market 29
Game tactics 30
Rising / Falling Line 31
Chapter 7
PSYCHOLOGICAL INDICATORS 32
Agreement Indicators 32
Press Signals 33
Engagement Indicators 34
Chapter 8
NEW INDICATORS 35
Stock X-ray 35
Game tactics 36
Strength Index 37
Game tactics 38
Chapter 9
TRADING SYSTEMS 39
Triple choice system 39
First Choice: 40 Market Current
Second Choice: Market Wave 41
Third Choice: Intraday Breakout 42
Parabolic system 43
Channel 44 system
Game tactics 45
Chapter 10
RISK CONTROL 46
Emotions and money 46
Probability and Mathematical Illiteracy 47
Capital Control 48
How much to risk 49
Optimal proportion «f» 50
Exiting trades 51
Indicator signals 52
Loss Protection Order 53
Chapter 11
TRADING IN RUSSIA 54
Individual psychology 54
The psychology of the stock market 55
Classic Chart Analysis 56
Computer technical analysis 57
Prerequisites 58
Stock Market Indicators 59
New indicators 60
Trading systems 61
Risk control 62
Afterword 63
Thank you friends! 64
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