🧠 Elder… the doctor who healed the market!
While everyone was trying to understand the market through charts and indicators, Alexander Elder was thinking completely differently…
He wasn't looking for a technical pattern or trend; he was looking for the trader's psychology.
Elder started as a psychiatrist, and that was his secret to success.
He saw that the biggest enemy of the trader is not the market… but the fear and greed within.
And from here, he wrote his legendary book:
📘 Trading for a Living
This book is not just an explanation of technical analysis… it’s a mental and psychological roadmap for anyone who wants to survive in the market without getting burned.
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💡 The main idea?
If you don’t understand yourself, you won’t be able to control your trades.
The market is not always logical, but your behavior must be calculated.
Success is not in the big profits… true success is in staying in trading.
Elder explained this through three pillars:
1. Technical Analysis
2. Trader Psychology
3. Money Management
And this is exactly what we will start explaining step by step in the next series…
📌 If you are interested in continuing with us to explain these ideas in a simple and practical way, follow us and take a step forward.
🔍 This is knowledge, not a recommendation… Elder taught us that the right decision starts from a calm mind.