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The New Trading for a Living

The New Trading for a Living

Psychology, Discipline, Trading Tools and Systems, Risk Control, Trade Management (Wiley Trading)

by Alexander Elder

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Should I read this?

appears in Day Trading, Finance, and Business.

The bestselling trading book of all timeupdated 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 edition brings timetested concepts in gear with today's fastmoving markets, adding new studies and techniques for the modern trader.Thi...

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appears in Day Trading, Finance, and Business.

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Appears In

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Michael Lewis chronicles the friendship and intellectual partnership of Daniel Kahneman and Amos Tversky, who championed the idea that cognitive biases shape our choices. The narrative reads like a buddy story, weaving their discoveries into personal anecdotes and the drama of their collaboration. You'll grasp key ideas—loss aversion, framing—through their story, but the book focuses on biography, not application. Helpful for understanding behavioral economics' origins; less useful if you want actionable advice. The emotional arc of their relationship can overshadow the science.

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The New Trading for a Living

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