The New Sell and Sell Short

2,343.00

How To Take Profits, Cut Losses, and Benefit From Price Declines

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ISBN: 9780470632390 Category:

<b>A detailed look at one of the most underestimated aspects of trading-selling</b> <p>In <i>The New Sell and Sell Short, Second Edition,</i> 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.</p> <p>Elder shares real-world examples that show how to manage your positions by adjusting your exit points as a trade unfolds.</p> <ul> <li>Contains new examples and insights from the 2008-2009 market meltdown</li> <li>Includes an extensive study guide with 115 questions and answers and 17 chart studies</li> <li>Discusses the selling process from a variety of angles: technical, fundamental, and psychological</li> <li>Explains how to maximize winnings in a profitable trade and how to minimize losses when a trade doesn’t go as planned</li> <li>Offers detailed guidance for traders of stocks, financial futures, commodities, and currencies</li> <li>Explains how to set profit targets and stop-loss orders prior to entering any trade Other bestselling titles by Elder: <i>Trading for a Living, Come Into My Trading Room,</i> and <i>Entries and Exits</i></li> </ul> <p>Understanding where and when to sell is essential to successful trading. <i>The New Sell and Sell Short, Second Edition</i> is the definitive reference to this overlooked, but vitally important, aspect of trading.</p>