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