Although "ok" for a newbie, "Trading For a Living" is a poor book. Its reputation is overhyped. The author spends tons of pages on 'psychology' while his whole psychology message can be summarized in one word - discipline (to take losses, etc). Methods wise there's only one general trading concept which is called Multiple Time Frame Analysis. And no mr. Elder did not invent it, he just called it Triple Screen. 90% of the book is spent talking smack about the "losers" and how he's not a loser cause he has discipline and stuff.