Dr. Alexander Elder
Professional Trader & Author
Alexander Elder, M.D., is a professional trader and teacher of traders. His book The New Trading for a Living is the world’s bestselling book for traders, translated into 16 languages. Dr Elder is the founder of SpikeTrade.com – an international club for traders who compete for the best trade of the week and share ideas.
Dr. Elder was born in Leningrad and grew up in Estonia, where he entered medical school at the age of 16. At 23, while working as a ship’s doctor, he jumped a Soviet ship in Africa and received political asylum in the United States. He worked as a psychiatrist in New York City and taught at Columbia University. His experience as a psychiatrist provided him with unique insight into the psychology of trading.
"One of the most intriguing characters on the commodity scene is Alexander Elder, MD. He has his fingers in many different pies and does a quality job in all of them. Elder is a living advertisement for the American dream and the place of futures trading in it." -- Commodity Traders Consumer Report
"How Alexander Elder grew up in Estonia, was educated as a psychiatrist, escaped from a Soviet ship in Africa and became a successful futures trader and head of his own firm, Financial Trading Inc. in New York, would make an interesting book itself." -- Futures Magazine
"Dr. Alexander Elder offers a unique view on the markets. A New York City psychiatrist and professional trader, he runs Financial Trading, which helps people become better traders." -- Financial World