A detailed look at one of the most underestimated aspects of trading-selling
In The New Sell and Sell Short, Second Edition, Dr. Alexander Elder explains how to exit a stock at the right time and how to initiate a short position to profit from a stock that is showing weakness. Often overlooked, selling properly enables a trader to cut losses and maximize profits. Moreover, short selling in a weak market can generate big profits and should be a part of every trader's arsenal of tools. The new edition contains numerous examples of short selling stocks from the 2008-2009 bear market, demonstrating very clearly why traders do themselves a disservice by only focusing on the long side. In addition, the new edition contains an extensive study guide to help readers master the material prior to trading.
Elder shares real-world examples that show how to manage your positions by adjusting your exit points as a trade unfolds.
Contains new examples and insights from the 2008-2009 market meltdown Includes an extensive study guide with 115 questions and answers and 17 chart studies Discusses the selling process from a variety of angles: technical, fundamental, and psychological Explains how to maximize winnings in a profitable trade and how to minimize losses when a trade doesn't go as planned Offers detailed guidance for traders of stocks, financial futures, commodities, and currencies Explains how to set profit targets and stop-loss orders prior to entering any trade Other bestselling titles by Elder: Trading for a Living, Come Into My Trading Room, and Entries and Exits
Understanding where and when to sell is essential to successful trading. The New Sell and Sell Short, Second Edition is the definitive reference to this overlooked, but vitally important, aspect of trading.
Customer ReviewsSee All
The New Sell and Sell Short
I was looking for a book specifically on short selling and I got more than I asked for! The system he presents in this book is what I've adopted since learning. I would love to have read the 2 other books first but I had a good enough background so it wasn't too confusing. He touches lightly on the buying aspect and he did explain that there was no need to go over it again since he already provided this information in the first 2 books, I would definitely recommend reading those first.
It's tough to find my way back and forth through the question and answer section. You definitely have to write the answers on a sheet of paper first. The illustrations don"t magnify, only the text so the charts really look small on the ipad. I'm already reading it again, that's how essential this book is for me. I've requested the Come into my trading room book on ibooks just because I prefer it in digital form.