Study Guide for Come Into My Trading Room: A Complete Guide to Trading,   ISBN:9780471225409

Customer Rating: 

The author does a very good job of explaining with graphs and discussion on how to use technical indicators to buy and sell stocks or other trading where you use charts. I highly recommend this book and I'm interested in his other books as well.

Customer Rating: 

This book was probably worth that $$ and time. I give it 4 stars. "Come Into My Trading Room I give 5 stars". Something small I disliked about this book, and it's not that big of a deal, is that some of the questions were a little confusing and some of them had questions where, for example, A, B, & C could all be correct but if you said only B, C were correct you got it wrong and have to study it over. In truth, you're 2/3 right. Also, some of the questions are confusing. For example, they ask a questions about the efficient market theory and you have to answer true or false. What confused me a little was whether it was true or false compared to what the theory states or true or false compared to Dr. Elders beliefs / reality...I recommend buying this in addition to the book but just reading the book alone more than once should be sufficient. Just my humble opinion..

Customer Rating: 

I have traded stocks since I was a teen. I have been familiar with Dr. Elder for years. Along the way, I have read many books on trading. His Come Into My Trading Room: A Complete Guide to Trading ranks among the best.

Elder says it took him three years to write Come into My Trading Room. It can be read in a matter of days. The companion study guide assures mastery of the wealth of trading knowledge. Slowly working through the study exercises helps you master Elder's trading concepts and ideas.

In his book Elder breaks the art and science of trading into three pillars. He calls them his three M's:

Mind
Market
Management

The key to winning the trading game is to win the battle within your mind. Dr. Elder, himself a practicing psychiatrist, explains how to develop discipline and to avoid the traps caused by emotional trading.

Second, he shows how to identify good trades using charts and computerized indicators. In remarkably clear and concise language, he explains the indicators and how to combine them to develop your own trading system.

Finally, he discusses importance of money management. The successful trader manages risk. Elder lays down rules to harness it. The study guide reinforces it. If you are serious about trading these two books should be at the top of your reading list. Their combined price is small compared to the money you can lose learning the lessons contained within them.

Customer Rating: 

I'm usually not so much into study guides as they add nothing new to the table except picking out some points of the theory. Well was I dead wrong on this guide. It is not so much about checking did you remember the right numbers and names as it is much more focused on did you shift you point of view ? And every answer is well documented what the most effective point of view could be. I've learned quite a bit more with working through this study guide. I recently purged the study guide from Entries and Exists as well work my way through that too, and in time for the finals, participate in one of the trading camps.
Recommended for every one out there in the markets learning to ride the waves instead of getting smashed by them.

Wessel

Customer Rating: 

If you have read "Come into my trading room" by Dr. Elder then this is a must have. It will enable you to test yourself and ensure that you understand the lessons presented in the book. I am a successful investor who aspires to trade for a living.(I have returned over 24% for the past 4 years). I have read over 40 books on trading and Dr. Elder's books are in a league of there own for being easy to understand and implement. He brings all essential disciplines that are needed together in one place. In this study guide you will be quizzed on mental discipline, basic charting, indicators, trading, day trading, advanced concepts, money management, and being organized. I have read all of his books and was shocked at how much I still didn't get. Buy it, use it, master it, you will be rewarded in the markets if you are a good student.