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Van Tharp Books


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Van Tharp Books

  #21 (permalink)
cornfedlifer
Long Beach CA
 
Posts: 5 since Mar 2015
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Risk management and dicipline are king...His books give you that. Most people want the secret sause or magical indicator. I think that may have something to due low ratings.

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  #22 (permalink)
 12VMan 
Raleigh, NC USA
 
Experience: Intermediate
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Fyi, Dr. Tharp is currently offering a print version of Trading Beyond the Matrix for free (you only pay for shipping). Here's the link:

https://http://www.vantharp.com/matrix-free-book-check-out-page.asp

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  #23 (permalink)
 devtycoon 
Denver, CO
 
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cornfedlifer View Post
Risk management and dicipline are king...His books give you that. Most people want the secret sause or magical indicator. I think that may have something to due low ratings.

I just finished my first pass through "Trade Your Way to Financial Freedom". Have you read that one yet?

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  #24 (permalink)
 waverider 
Brisbane Australia
 
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Hi All,

If anyone would like to sell me a cheap second hand copy of Tharp's "Definitive Guide to Position Sizing", please PM me !!

Thanks so much,

Wave

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  #25 (permalink)
 Trailer Guy 
Aguanga, CA USA
 
Experience: Advanced
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I have read "A definitive Guide to Position Sizing". I do not own a copy. From memory, a lot of it was academic hogwash. Lengthy sections on portfolio heat methods worked out by the old trading legends he knew. A lot more that would be relevant if you were ruining a small prop outfit. I didn't get much that related directly to me as an individual systematic trader that wasn't in his other books.

So yes, being aware of the price I was expecting some movie magic special effects sort of trading enlightenment cloud issuing out of the book to change my life forever! Did not happen.

There was one thing though that was helpful. I had been using an ATR moving stop so I was always uncertain in my calculations. He said in the book that if you move your stop don't use initial R, instead use the average R you experience in your trades. Same answer as in his other books for what if you don't know your initial R.

This confirmation of what I was already doing (using average R) gave me confidence in my calculated system quality number.

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  #26 (permalink)
OAlejandro314159
Las Vegas, Nevada
 
Posts: 16 since Jan 2021
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His books are great >>> but the COURSES ARE BETTER.

They are really much much better to do them in person. REALLY.


I hate to say it >>> but it is true.


In the workshops you interact with real professional traders doing cool things and going thru exercises for mental and emotional joy and higher performance.

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Last Updated on January 14, 2021


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