Alexander Elder

Alexander Elder, M.D., is a Russian-American professional trader and a teacher of traders. He is the author of Trading for a Living, considered a modern classic among traders.[citation needed] First published in 1993, this international best-seller[citation needed] has been translated into more than a dozen languages and is being used to educate traders around the world. His Come into My Trading Room: A Complete Guide to Trading was named a 2002 Barron's Book of the Year. His Entries & Exits: Visits to 16 Trading Rooms was named a 2007 SFO Magazine Book of the Year. His latest book is The New Sell & Sell Short: How to Take Profits, Cut Losses, and Benefit from Price Declines (2011). Young traders consider him "the fuel for traders" said one Innocent James Mangut a successful trader who read his book trading for living.


Elder was born in Leningrad and grew up in Estonia, where he entered medical school at the age of 16.[citation needed] At 23, while working as a ship's doctor, he jumped a Soviet ship in Africa and received political asylum in the United States. He worked as a psychiatrist in New York City and taught at Columbia University. His experience as a psychiatrist provided him with unique insight into the psychology of trading.

PublicationsEdit

  • Elder, Alexander, The New Sell and Sell Short: How to Take Profits, Cutting Losses, and Benefit from Price Declines. Hoboken, N.J.: Wiley, 2011. ISBN 978-0-470-63239-0, revised edition of his Sell and Sell Short. Hoboken, N.J.: John Wiley & Sons, 2008. ISBN 978-0-470-18167-6
  • Elder, Alexander. Entries & Exits: Visits to Sixteen Trading Rooms. Hoboken, N.J.: John Wiley, 2006. ISBN 978-0-471-67805-2
    • translated into French as Entrées et sorties : visite guidée de seize salles de trading Publisher: Hendaye [France] : Valor, 2007 ISBN 978-2-909356-64-8
  • Elder, Alexander, Straying From The Flock - Travels in New Zealand. Hoboken, N.J.: John Wiley, 2005. ISBN 0-471-71863-7
  • Elder, Alexander. Rubles to Dollars: Making Money on Russia's Exploding Financial Frontier. New York: New York Institute of Finance, 1999. ISBN 978-0-7352-0062-3
  • Elder, Alexander. Trading for a Living: Psychology, Trading Tactics, Money Management. New York: J. Wiley, 1993. ISBN 978-0-471-59224-2 Held in 342 libraries according to WorldCat [1]
    • Translated into Chinese as 以交易为生 / Yi jiao yi wei sheng 机械工业出版社, Beijing : Ji xie gong ye chu ban she, 2010 ISBN 978-7-111-30251-3
    • Translated into Spanish as Vivir del trading : psicología, tácticas de trading, gestión del dinero España : IdeasPropias], 2004 ISBN 978-84-9745-079-9
    • Translated into Polish as Zawód inwestor giełdowy : psychologia rynków, taktyka inwestycyjna, zarządzanie portfelem 1998, ISBN 978-83-87286-35-4
    • Translated into French as Vivre du Trading : psychologie, tactiques de trading, money management
  • Elder, Alexander. Come into My Trading Room A Complete Guide to Trading.ISBN 0471225401 New York: Wiley, 2002. Study guide for this book is ISBN 978-0-471-22540-9 Held in 832 libraries according to WorldCat [2]
    • Translated into French as Entrez dans ma salle de trading : guide de trading complet Hendaye : Valor éd., DL 2004 ISBN 978-2-909356-37-2
    • Translated into Russian as Трейдинг с доктором Элдером : энциклопедия биржевой игры /Treĭding s doktorom Ėlderom : ėnt︠s︡iklopedii︠a︡ birzhevoĭ igry2010

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