Description
Think like a trader. Act like a trader. Become a Super Trader.
“Let your profits run!” It’s the golden rule by which all Super Traders live. With the help of investing guru Dr. Van K. Tharp, you can join the ranks of full-time traders who consistently master the market.
Super Trader provides a time-tested strategy for creating the conditions that allow you to reach levels of trading success you never thought possible. Providing expert insight into both trading practices and psychology, Tharp teaches you how to steadily cut losses short and meet your investment goals through the use of position sizing strategies–the keys to steady profitability.
Using the lessons of Super Trader, you will approach trading as you would a small business–realistically, systematically, and enthusiastically. Drawing on his decades of experience, Tharp has created a simple plan designed to help anyone successfully navigatethe market that includes the following:
- Mastering the psychology of trading
- Crafting a “business plan”–a working document to guide your trading
- Developing a trading system tailored to your personal needs and skills
- Creating position sizing strategies to meet your objectives
- Monitoring yourself constantly to minimize mistakesYou can put this plan to use immediately.
Throughout the book, Tharp raises the pertinent questions you must ask yourself about becoming a trader, being a trader, and succeeding as a trader.
The rewards that come with being a Super Trader–both financial and personal–make you feel as if you can leap small buildings in a single bound. Whatever your skill level, Tharp provides the formula for succeeding in a fieldwhere most people fail.
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