Alexander Elder

Born in Leningrad and raised in Estonia, Alexander Elder's journey from a medical student to a distinguished figure in the world of trading is nothing short of remarkable. At the tender age of 16, he embarked on his medical education, a pursuit that would later inform his profound understanding of human behavior. His life took a dramatic turn when, at 23, he sought political asylum in the United States after leaving a Soviet ship in Africa. Settling in New York City, Elder transitioned from practicing psychiatry to becoming a pivotal figure in the trading community, his background in psychiatry offering him unparalleled insights into the psychology of trading. Dr. Elder's literary contributions, particularly "The New Trading for a Living" and "Come into My Trading Room," have cemented his reputation as a foremost authority on trading psychology and discipline. "The New Trading for a Living" delves into the intricate dynamics of trading tools and systems, risk management, and trade management, earning its place as a staple in traders’ libraries. His earlier work, "Come into My Trading Room," was honored as Barron's 2002 Book of the Year, further solidifying its status as a modern classic. These seminal works, rich with practical wisdom and strategic acumen, are revered for their ability to distill complex concepts into accessible knowledge. Elder's writing is characterized by its clarity and depth, weaving together the psychological and technical aspects of trading with elegance and precision. His contributions extend beyond the written word; he is the originator of Traders' Camps, which are immersive week-long sessions designed to cultivate trading expertise, and the Spike group for traders. As a sought-after speaker at international conferences, he continues to influence and inspire with his insights, blending his medical background with a profound understanding of market behavior, thus establishing himself as a leading voice in the field of trading psychology.