The New Trading for a Living (Recent Version)

The best-selling trading book of all time—updated for a new era.

The New Trading for a Living updates a modern classic that has earned global popularity among individual and institutional traders alike. This revised and expanded edition brings proven concepts in line with today’s fast-paced markets, adding new studies and techniques for the contemporary trader.

This classic guide teaches a calm and disciplined approach to the markets. It emphasizes risk management along with self-management and offers clear rules for both. The New Trading for a Living includes models for stock selection, creating trading plans, and assessing your readiness to trade. The book provides the knowledge, perspective, and tools needed to build an effective personal trading system.

All charts in this book are new and in full color, with clear commentary on rules and techniques. Its clarity of language, practical illustrations, and thorough coverage of core skills have made it a benchmark in the field—often imitated but never duplicated. Both new and seasoned traders will appreciate its insightful guidance and methodical approach to modern markets.

The New Trading for a Living will prove more valuable than the author’s previous books:

Overcome psychological obstacles and build stronger discipline.

Identify asymmetric market zones where rewards are higher and risks are lower.

Master money management by setting entries, targets, and stops.

Use a record-keeping system that turns you into your own trading coach.

Successful trading is built on knowledge, focus, and discipline—this book elevates your trading game by blending timeless wisdom with today’s tools.