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Day trading is a highly demanding activity —it requires instant decision-making and ice-cold discipline. Paradoxically, it tends to attract impulsive and unprepared traders. Current high volatility offers opportunities for knowledgeable day traders. Dr Elder will review some of the key rules and share examples from his own visual trading diary.
Alexander Elder, MD, is a professional trader and a teacher of traders. His books, including The New Trading for a Living translated into 16 languages, are international bestsellers among private and institutional traders. Dr. Elder was trained as a psychiatrist and served on the faculty of Columbia University. Now he is a full-time trader but helps run SpikeTrade.com, a club whose members compete for the best trade of the week.
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