---
product_id: 8176763
title: "The New Trading for a Living: Psychology, Discipline, Trading Tools and Systems, Risk Control, Trade Management (Wiley Trading)"
price: "A$132"
currency: AUD
in_stock: true
reviews_count: 10
url: https://www.desertcart.com.au/products/8176763-the-new-trading-for-a-living-psychology-discipline-trading-tools
store_origin: AU
region: Australia
---

# The New Trading for a Living: Psychology, Discipline, Trading Tools and Systems, Risk Control, Trade Management (Wiley Trading)

**Price:** A$132
**Availability:** ✅ In Stock

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- **What is this?** The New Trading for a Living: Psychology, Discipline, Trading Tools and Systems, Risk Control, Trade Management (Wiley Trading)
- **How much does it cost?** A$132 with free shipping
- **Is it available?** Yes, in stock and ready to ship
- **Where can I buy it?** [www.desertcart.com.au](https://www.desertcart.com.au/products/8176763-the-new-trading-for-a-living-psychology-discipline-trading-tools)

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## Description

desertcart.com: The New Trading for a Living: Psychology, Discipline, Trading Tools and Systems, Risk Control, Trade Management (Wiley Trading): 9781118443927: Elder, Alexander: Books

Review: This is !!! the TRADING BOOK that you were looking for....From A to Z - The New Trading for a Living is as great as his original book Trading for a Living (1993) but it comes with some pluses, the Charts are colored which it really helps see it as Dr. Elder explains, There are more updated contents and Dr. Elder shares his latest improvements on his trading techniques. There are some contents that are similar to his first book but the overall content in this book is worth the price 10 folds. Some people complain that he sometimes seems repetitive but there is a reason for that, like the old say goes: "Repetition is the Mother of Skill"... thanks to this approach and since I consider myself in the Newbie phase. I was able to "get it" . At first I did not fully understood the whole concept but because later on in other chapters he provides different examples for the same topic I "got it" I read almost a dozen books on trading ( most of them were good books but did not show everything that you needed to know if you are a newbie). By far this is the best book where he puts everything that you would need to do to trade from A to Z , he shows a clear path , very well explained examples and each chapter builds on the previous a very thought out book. The author shares everything with you, no encrypted words or incomplete examples. Dr Elder also have a study guide that follow New Trading for a Living which a highly recommend to reinforce the concepts that he taught. After this book I also would recommend "Come into my Trading room", it has some of the same material but explained through a new angle plus new examples. Sometimes just a word , a sentence or a new example said differently will give you the AHA!! moment that you needed it. Repetition is the Mother of Skill... I HIGHLY recommend this great book. Thanks Dr. Elder !!!
Review: High recommended, purchase an A+ trade for a value proposition supplied to the reader of this one! - It's worth a read and several revisiting readings. Dr. Elder knows how to write with impact about a subject that is very ephemeral in nature in a manner that engages the reader. Would recommend this if interested in the topic to anyone before or after they are engaged with the subject matters discussed in this excellent book.

## Technical Specifications

| Specification | Value |
|---------------|-------|
| ASIN  | 1118443926 |
| Best Sellers Rank | #41,061 in Books ( See Top 100 in Books ) #6 in Business Finance #10 in Economics (Books) #13 in Business Investments |
| Customer Reviews | 4.6 4.6 out of 5 stars (1,043) |
| Dimensions  | 7.2 x 0.8 x 10.1 inches |
| Edition  | 1st |
| ISBN-10  | 9781118443927 |
| ISBN-13  | 978-1118443927 |
| Item Weight  | 1.98 pounds |
| Language  | English |
| Print length  | 304 pages |
| Publication date  | October 27, 2014 |
| Publisher  | Wiley |

## Images

![The New Trading for a Living: Psychology, Discipline, Trading Tools and Systems, Risk Control, Trade Management (Wiley Trading) - Image 1](https://m.media-amazon.com/images/I/810v9l2bLkL.jpg)

## Customer Reviews

### ⭐⭐⭐⭐⭐ This is !!! the TRADING BOOK that you were looking for....From A to Z
*by N***I on November 18, 2014*

The New Trading for a Living is as great as his original book Trading for a Living (1993) but it comes with some pluses, the Charts are colored which it really helps see it as Dr. Elder explains, There are more updated contents and Dr. Elder shares his latest improvements on his trading techniques. There are some contents that are similar to his first book but the overall content in this book is worth the price 10 folds. Some people complain that he sometimes seems repetitive but there is a reason for that, like the old say goes: "Repetition is the Mother of Skill"... thanks to this approach and since I consider myself in the Newbie phase. I was able to "get it" . At first I did not fully understood the whole concept but because later on in other chapters he provides different examples for the same topic I "got it" I read almost a dozen books on trading ( most of them were good books but did not show everything that you needed to know if you are a newbie). By far this is the best book where he puts everything that you would need to do to trade from A to Z , he shows a clear path , very well explained examples and each chapter builds on the previous a very thought out book. The author shares everything with you, no encrypted words or incomplete examples. Dr Elder also have a study guide that follow New Trading for a Living which a highly recommend to reinforce the concepts that he taught. After this book I also would recommend "Come into my Trading room", it has some of the same material but explained through a new angle plus new examples. Sometimes just a word , a sentence or a new example said differently will give you the AHA!! moment that you needed it. Repetition is the Mother of Skill... I HIGHLY recommend this great book. Thanks Dr. Elder !!!

### ⭐⭐⭐⭐⭐ High recommended, purchase an A+ trade for a value proposition supplied to the reader of this one!
*by A***Y on December 25, 2025*

It's worth a read and several revisiting readings. Dr. Elder knows how to write with impact about a subject that is very ephemeral in nature in a manner that engages the reader. Would recommend this if interested in the topic to anyone before or after they are engaged with the subject matters discussed in this excellent book.

### ⭐⭐⭐⭐⭐ Foundational trading book
*by A***R on June 3, 2025*

“The New Trading for a Living” remains one of the most foundational trading books available, especially for those looking to build a disciplined, risk-aware approach applicable across multiple asset classes. It teaches how to think and survive in trading, which is more valuable than any one strategy.

## Frequently Bought Together

- The New Trading for a Living: Psychology, Discipline, Trading Tools and Systems, Risk Control, Trade Management (Wiley Trading)
- Trading in the Zone: Master the Market with Confidence, Discipline and a Winning Attitude
- Study Guide for The New Trading for a Living (Wiley Trading)

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*Product available on Desertcart Australia*
*Store origin: AU*
*Last updated: 2026-03-09*