How to fix profits, limit losses and benefit from falling prices: sale and play for a decrease. 3rd edition. Elder A.

This book of Dr. Elder in trading is devoted to the sale (close of the position) and a short sale (opening a short position).

The ability to close his position in a timely manner-one of the most important skills of a professional trader. Short sale makes it possible to earn on fall. This is a particularly important skill during crises and instability. The trader who knows how to sell in a short one doubles his chances.

The first part of the book addresses general issues - psychology, risk management and recording. The second and third parts are devoted to the sale and play for lowering, and the fourth are examples of transactions illustrating the principles of sale and short sale, taking into account the lessons of one of the most significant bear markets in history. The book includes control issues and verification tables that allow you to evaluate the knowledge you received.