Description of Trade Your Way to Financial Freedom
Your own strengths, style, and personality - and the steps found in this book - can revitalize your trading program! "Van's book gets directly to the heart of what it takes to be a successful trader. It's the best book I've read on trading successfully; not fluff or hype like so many others." - Tom Basso, President, Trendstat Capital Management, Inc. "The trading public owes Dr. Tharp a debt of gratitude for this insightful masterpiece." - Edward Dobson, President, Traders Press, Inc.
'While I can't promise you financial freedom, I can promise you a book filled with sound trading advice and lots of ideas you can use to develop your OWN trading methodology. And, if you don't think that's enough, then you really need this book.'
Jack Schwager, author of 'Market Wizards' and 'The New Market Wizards.'
'Van's book gets directly to the heart of what it takes to be a successful trader. It's the best book I've read on trading successfully; not fluff or hype like so many others.'
Tom Basso, President
Trendstat Capital Management, Inc.
'Van Tharp cuts right to the essence of professional trading: how to develop winning attitudes and approaches; how to forget trading for accuracy and trade for expectancy; how to master position sizing. If you intend to trade, you'd better know what's in this book.'
1. The Legend of the Holy Grail
2. Judgmental Biases: Why Mastering the Markets Is So Difficult for Most People
3. Setting Your Objectives
CONCEPTUALIZATION OF YOUR SYSTEM
4. Steps to Developing a System
5. Selecting a Concept That Works
6. Understanding Expectancy and Other Keys to Trading Success
UNDERSTANDING THE KEY PARTS OF YOUR SYSTEM
7. Using Setups
8. Entry or Market Timing
9. Know When to Fold 'Em: How to Protect Your Capital
10. How To Take Profits
11. The Opportunity and Cost Factors
12. What Do You Mean Position Sizing? I Only Have $10,000 in My Account!
13. Conclusion
About Van K. Tharp
Van K. Tharp, Ph.D., has been a consultant to traders and investors for over 15 years and has studied over 4,000 traders during that time. He is internationally recognized as the number one psychologist and coach for traders and investors. Dr. Tharp is a sought-after speaker, developing courses and seminars for large banks and trading firms around the world. He is the author of a successful five-volume home study course, a test designed to evaluate a trader's strengths and weaknesses, eight different 3-day workshops, a monthly newsletter on systems and psychology, and numerous articles in industry publications.