A detailed look at one of the most underestimated aspects of trading-selling In The New Sell & Sell Short Second Edition Dr. Alexander Elder explains how to exit a stock at the right time & 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 & maximize profits. Moreover short selling in a weak market can generate big profits & 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 & insights from the 2008-2009 market meltdown
Includes:: an extensive study guide with 115 questions & answers & 17 chart studies Discusses the selling process from a variety of angles: technical fundamental & psychological Explains how to maximize winnings in a profitable trade & how to minimize losses when a trade doesn't go as planned Offers detailed guidance for traders of stocks financial futures commodities & currencies Explains how to set profit targets & stop-loss orders prior to entering any trade Other bestselling titles by Elder: Trading for a Living Come Into My Trading Room & Entries & Exits Understanding where & when to sell is essential to successful trading. The New Sell & Sell Short Second Edition is the definitive reference to this overlooked but vitally important aspect of trading.