Alexander Elder – Master Class with Dr Elder: Rules, Risks & Rewards
A professional recording of a day-long master class Dr Elder taught in New York in April 2010. The video is 2 hours long. It includes an update of the 3 Ms of successful trading: Mind, Method, Money. Dr. Elder covers both individual and mass psychology, then goes deeply into technical analysis.
He discloses his short list of tools and indicators that he uses on a daily basis and illustrates how to comine these simple but powerful tools into a trading system. He clearly lays out the essentials of risk management and explains the educational and psychological value of good record-keeping.
This class was conducted as the market was rallying to a record peak, just before a big break, and many trading examples shown here richly illustrate what a serious trader uses to turn bearish when it matters most – near the market top.