[vc_row css=”.vc_custom_1547973527725{margin-right: 20px !important;margin-left: 20px !important;}”][vc_column width=”3/4″][vc_custom_heading text=”Transformation at Level 1: Change What You See as Useful Rules” use_theme_fonts=”yes”][vc_column_text]
The first level we offer is a transformation of the trading game that helps you stop thinking like an average trader.
The old rules, Big Money ’s rules, are apparent by watching or reading the financial media for a week or so. They’ll imply that:
[/vc_column_text][vc_separator el_width=”50″ css=”.vc_custom_1547974110828{margin-top: 7px !important;}”][vc_custom_heading text=”Recognizing the Effect of the Old Rules in Your Investing” use_theme_fonts=”yes”][vc_column_text]These and many other common beliefs are offered as worthwhile rules by those who insist they know what is correct. If these rules are so helpful, then why don’t most people benefit from them? Why is that while the Su0026amp;P 500 returns over 10% in bull-market years, most mutual fund investors (the ones who buy, hold and trust the advice and expertise of others) experience returns of a little more than half of that? Is it any wonder that the same experts that help investors achieve this return are the first to say investors can’t expect to do better on their own?
My experience indicates that these rules cause most people to be net losers in the markets. Through my modeling work with top traders and investors, looking at what they do and how they think, I’ve come up with a new set of rules. We call these rules Tharp Think. These are concepts I require everyone in my Super Trader program to know and understand as the cornerstone of their training.[/vc_column_text][vc_separator el_width=”50″][vc_custom_heading text=”The Primary TharpThink Rules” use_theme_fonts=”yes”][vc_column_text]A complete list of the rules is found in the summary of Section I of my book, so I hope you’ll read it, but here are the four primary rules:
Level 1 transformation is probably the most basic transformation you must make as a trader/investor. But simply reading these four primary rules is not a transformation. The transformation comes as you more fully understand what they mean to you in your trading and that your trading activity reflects this.[/vc_column_text][vc_separator el_width=”50″][vc_custom_heading text=”Self-check:” use_theme_fonts=”yes”][vc_column_text]Which two of the following rules would you consider to be the more useful to an investor or trader?
Self-check evaluation:
If you selected statement #2 and #3 then you have the potential to make a level 1 transformation if you haven’t already. The next lesson will give you a look into what a level 2 transformation includes.[/vc_column_text][/vc_column][vc_column width=”1/4″][vc_widget_sidebar sidebar_id=”flash_right_sidebar”][/vc_column][/vc_row]