Börsikauplemine kui elatusallikas

Successful trading requires knowledge, focus, and discipline. Alexander Elder’s handbook helps both novice and experienced traders reach a higher level by combining classic wisdom with modern trading tools.

The book teaches how to approach trading with a calm and disciplined mindset. It focuses on both risk control and self-control, providing clear guidelines for each. The author offers instructions on how to evaluate the value of stocks, create trading plans, and assess one’s own readiness to trade. Readers will find the knowledge, perspective, and tools necessary to develop an effective trading system.

Elder provides answers on how to:

overcome obstacles and develop stronger self-control;

identify asymmetric market zones where the potential for profit is higher and the risk is lower;

manage capital by defining entry points, targets, and exit barriers;

utilize a record-keeping system that enables every trader to become their own teacher.

With its clear approach, practical illustrations, and the generous sharing of essential skills, this book has become a cornerstone in its field. Both professionals and individual investors value the principles shared here and the clear, systematic approach presented.

The author, Alexander Elder—who has Estonian roots—is a highly regarded professional trader, educator, bestselling author, and psychiatrist based in the United States. The first edition of the book *Stock Trading as a Source of Livelihood* was published in 1993 and has become a classic in its field worldwide. The edition published in Estonian is a thoroughly expanded and updated version of the book, which appeared in 2014. The author places time-tested concepts within the context of today’s rapidly changing markets and covers key new research and methods essential for the modern stock trader.