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OptionSellers.com's Michael Gross interviews Dr. Alexander Elder on the Merits of Selling Options, Trading Psychology and Why Highly Educated People make Bad Traders

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Michael Gross: Okay, to everybody listening to today's Option Seller's Guest Series, we have a very special guest for you today. I am speaking with Dr. Alexander Elder. For those of you who may not be familiar with Dr. Elder, you should be. He is a legend in the trading world. He has two classic books: "At Least Trading for a Living" and "Come into my Trading Room", which I feel should be staples of anybody who's considering becoming a serious trader. Dr. Elder, welcome to the show today! Dr. Elder: Thank you very much! Pleasure being here. Gross: Dr. Elder, we're going to start. Obviously, our readers and listeners here sell options: some of them sell index options; some of them sell stock options. Obviously, here we talk about selling commodities options but I think it might be interesting to a lot of our listeners and readers to hear your story. You have a very interesting story about how you got to this country and how you got started in trading and I wonder if you wouldn't mind sharing that. Dr. Elder: W