Trade Your Way to Financial Freedom

Van K. Tharp

Physical

In Circulation

“Sound trading advice and lots of ideas you can use to develop your own trading methodology.”-Jack Schwager, author of Market Wizards and The New Market Wizards

This trading masterpiece has been fully updated to address all the concerns of today's market environment. With substantial new material, this second edition features Tharp's new 17-step trading model. Trade Your Way to Financial Freedom also addresses reward to risk multiples, as well as insightful new interviews with top traders, and features updated examples and charts.

What will you learn from this book

  1. Mindset Mastery: Emphasizes the importance of developing a disciplined and resilient mindset for successful trading, managing emotions, and controlling biases.

  2. Risk Management: Stresses the significance of risk management strategies, including position sizing, stop-loss orders, and understanding risk-reward ratios.

  3. Trading Systems: Discusses the development and testing of trading systems or methodologies and their role in consistent profitability.

  4. Position Sizing Strategies: Explores various position sizing methods to optimize capital allocation and manage risk effectively.

  5. Market Analysis: Covers technical and fundamental analysis techniques to evaluate market trends, patterns, and factors influencing asset prices.

  6. Trade Execution: Emphasizes the importance of proper trade execution, timing, and understanding market liquidity.

  7. Psychological Resilience: Focuses on building emotional resilience to handle losses, adapt to changing market conditions, and maintain a balanced mindset.

  8. Continuous Learning: Encourages ongoing education, self-reflection, and learning from both successes and failures in the trading journey.

  9. Personal Trading Plan: Advocates for creating and following a personalized trading plan aligned with individual goals, risk tolerance, and trading style.

  10. Performance Evaluation: Discusses the importance of assessing trading performance, keeping detailed records, and adapting strategies based on performance analysis.

Language English
ISBN-10 9780071478717
ISBN-13 9780071478717
No of pages 513
Font Size Medium
Book Publisher McGraw-Hill Education
Published Date 13 Dec 2006

About Author

Author : Van K. Tharp

NA

Related Books