The three obvious reasons why most people won’t follow the new rules First, most people think that trading is easy. You open up an account, get some buy recommendations and hold on, hoping to make a fortune. And if some authority says buy XYZ, do it without question. I don’t know whether is still occurs …
This pack contains everything you will ever need to understand about harnessing the power of position sizing to help you preserve your assets while meeting your trading objective. For a flat $1,000 you will get $1,888 of product. One course alone in this pack sells for $1,295. And you get the full pack for less …
The Trading Psychology 711 Pack An astonishing 38% discount! You get Van Tharp’s masterpiece work, the Peak Performance Home Study, Plus two companion pieces filling out the knowledge you need to understand in the successful trading puzzle. These items are selling individually right now for a combined $1,144, but through this Fundamentals course, you can …
In early 2010—almost 10 years after buying Trade Your Way to Financial Freedom—I thought I might be ready to try trading again on my own. I was still scared of losing, but believed that if I kept my position sizes relatively small, I could stop trading and limit my losses. To promote discipline, I created …
A Super Trader Story The following is an excerpt from Trading Beyond the Matrix by Dr. Van K Tharp, PhD “That ’s another 1R* loser,” Van announced to the class as he drew the final marble from the bag. There was an audible groan from most students—but not from me. “Okay,” I thought, “maintain your …
Super Trader Story: I Just Made 130 Percent—and That Was Just the Beginning Read More »
A trading system can be characterized as a distribution of the R-multiples it generates. Expectancy is simply the mean, or average, R-multiple generated. But what does that mean, exactly? A Brief Overview of Risk and R-Multiples If you’ve read any of Dr. Tharp’s books, you know by now that it is much more efficient to …
So what does all of this have to do with expectancy? Lesson 2 When you have an R-multiple distribution from your trading system, you need to get the mean of that distribution. (The mean is the average value of a set of numbers). And the mean R-multiple equals the system’s expectancy. Expectancy gives you the …
2-So what does all of this have to do with expectancy? Read More »
What is expectancy in a nutshell? Lesson 1 A trading system can be characterized as a distribution of the R-multiples it generates. Expectancy is simply the mean or average R-multiple generated. What does that mean? By now you should know that in the game of trading it is much more efficient to think of the …
Related Courses For the purpose of this introductory course we kept the material brief and even still, you just learned a lot. But there is so much to learn about this topic. Van K. Tharp is considered the world authority on this topic, so when you are ready these resources are packed with more advanced …
Download this Special Report on R and R Multiples – Lesson 3 You need a basic understanding of these concepts to benefit from the free Profit Trainer Download coming your way. First, you need to study this report which includes a chapter from Van Tharp’s best-selling book, Trade Your Way To Financial Freedom. A_Short_Lesson_on_R_and_R-multiple Don’t …
