Alexander Elder — a professional speculator and expert on technical analysis. He was born in Leningrad and grew up in Estonia, where he graduated from Medical Faculty of Tartu University. Then he emigrated to the United States. After internships at clinics in New York, he enrolled in New York psychoanalytic institute. Then he opened a private clinic. Parallel Alexander Elder began working on the stock market and organized a company «Financial Trading», which became one of the leading U.S. firms for the preparation of stockbrokers. His findings and advice Alexander Elder is divided in the book «How to play and win at the stock exchange.
Jesse Livermore. Great single. The original trend trader On Wall Street is always one and the same. Speculation is as old as this world: today at the exchange is what has been before, and that again later. Jesse Lauriston Livermore People interested in astonishment, where such great traders like Ed Sekot (Ed Seykota) find inspiration and role models? Jesse Livermore (Jesse Lauriston Livermore) is one of those people who lived in the early 20 th century. He is one of the earliest trend traders.
Would you entrust your retirement fund short-traders — lover of risky transactions? I think that most people answer this question would be negative. Of course, we would have preferred to risk aversion, rational thinking long-term fund manager than the stereotypical short-term speculator. Safe investments with low risk — this is what you need for most people who want to receive a pension in their old age. Many financial advisers advise their clients to avoid risky investment: «Do not look for high-risk investments, regardless of what the potential profits they promise to you. Investing should be dull affair — so believe most fund managers.