Alexander Elder Quotes

The goal of a successful trader is to make the best trades. Money is secondary. Feraz Zeid, January 5, 2024January 7, 2024, Alexander Elder, Goal, Money, Success, 0

- Alexander Elder

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• Goal
• Money
• Success

When a beginner wins he feels brilliant and invincible Then he takes wild risk and loses everything. Feraz Zeid, January 5, 2024January 7, 2024, Alexander Elder, Beginners, Risk, Winning, 0

- Alexander Elder

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• Beginners
• Risk
• Winning

The markets are unforgiving, and emotional trading always results in losses. Feraz Zeid, January 5, 2024January 7, 2024, Alexander Elder, Emotional, Loss, Results, 0

- Alexander Elder

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• Emotional
• Loss
• Results

Losers bring money into the market which is necessary for the prosperity of the trading industry. Feraz Zeid, January 5, 2024January 7, 2024, Alexander Elder, Loser, Prosperity, Trading, 0

- Alexander Elder

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• Loser
• Prosperity
• Trading

Remember, your goal is to trade well, not to trade often. Feraz Zeid, August 8, 2023December 12, 2023, Alexander Elder, Goal, Remember, Trade, 0

- Alexander Elder

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• Goal
• Remember
• Trade

Alexander Elder Career Highlights

Alexander Elder is a well-known trader, author, and psychiatrist. He has been actively involved in the financial markets for over 30 years and has written several best-selling books on trading and investing. He is also the founder of the Elder.com website, which offers educational resources and tools for traders.

Key Contributions by Alexander Elder

Elder’s most notable contribution to the trading world is his development of the Triple Screen Trading System. This system combines technical analysis, risk management, and psychology to help traders make more informed and successful trading decisions. He is also known for his concept of “trading for a living,” which emphasizes the importance of treating trading as a business and having a well-defined trading plan.

What Sets Alexander Elder Apart

What sets Alexander Elder apart is his unique background as a psychiatrist. He has been able to apply his knowledge of human behavior and emotions to the world of trading, helping traders understand and manage their emotions while making trading decisions. He also emphasizes the importance of discipline and self-awareness in trading, which sets him apart from other trading experts.

Takeaways

One of the key takeaways from Alexander Elder’s work is the importance of a holistic approach to trading. He believes that successful trading requires a combination of technical analysis, risk management, and psychology. He also emphasizes the importance of having a well-defined trading plan and managing emotions while trading. His contributions have had a significant impact on the trading community and continue to be relevant and influential today.

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