The author of this international bestseller, Dr. Alexander Elder, is a professional exchanger and expert in technical analysis. He teaches that successful trading depends on three factors: psychology, methods, and risk control. In the first part of this book, Dr. Elder shows that the keys to victory are in your psychology. He teaches how to become a disciplined player and avoid emotional pitfalls on the stock exchange. Then explains how to find profitable trades using charts, computer indicators and other exchange analysis tools. You will see how to combine different methods of analysis into an effective trading system. Finally, it will become clear to you how to manage money in your exchange account .. Rules for limiting risk are important for a stockbroker, like a supply of air for a scuba diver.By opening this book, you have taken the first step towards learning new methods of playing in foreign exchange, stock, futures and other markets. You have to learn "How to play and win on the stock exchange".