Question for professional traders - Van Tharps Institute

zwoop · Jan 28, 2009

I have the last 24month been reading about the market and have developed a huge interest in it. My next step i feel would be to start to make up some of my own strategies for how to trade it and was now wondering what is the best way to do this. I have been reading lots of Van Tharps works and i really like what he is talking about but i do not what people who is actually making a living from trading there own accounts says about his works.
I did buy Peak Performance Home Study and i really liked it since it help me improve in so many other areas then trading. My question now is if the best way to start of building my own strategy would be investing in further Van Tharp works such as:
Develop a Winning Trading System That Fits You - Home Study
and
Definitive Guide to Position Sizing

Any one own them and find them valuable for developing my systems?

FXSCALPER2 · Jan 28, 2009

zwoop said:
I have the last 24month been reading about the market and have developed a huge interest in it. My next step i feel would be to start to make up some of my own strategies for how to trade it and was now wondering what is the best way to do this. I have been reading lots of Van Tharps works and i really like what he is talking about but i do not what people who is actually making a living from trading there own accounts says about his works.
I did buy Peak Performance Home Study and i really liked it since it help me improve in so many other areas then trading. My question now is if the best way to start of building my own strategy would be investing in further Van Tharp works such as:
Develop a Winning Trading System That Fits You - Home Study
and
Definitive Guide to Position Sizing

Any one own them and find them valuable for developing my systems?

Van Tharp is a d!ck who sells courses because he can't trade. It is like learning martial arts from someone who writes books about martial arts. The position sizing thing is written for really thick people. You stick a 2% risk on each trade and it moves up and down as you win and lose. That is all he tells you and you should know that when you are about 3 years old.

zwoop · Jan 28, 2009

FXSCALPER2 said:
Van Tharp is a d!ck who sells courses because he can't trade. It is like learning martial arts from someone who writes books about martial arts. The position sizing thing is written for really thick people. You stick a 2% risk on each trade and it moves up and down as you win and lose. That is all he tells you and you should know that when you are about 3 years old.

Thanks for the honest answer

So what mentors are you suggesting?

ZEPPO · Jan 28, 2009

zwoop said:
Thanks for the honest answer
So what mentors are you suggesting?

Try Robert C. Miner; his no-nonsense approach is refreshing and actually trades the markets -and write books and sell software, too!- but at least he simplify (and demistify) the trading business.
Another one you want to have a look at is Michael Harris; his theories are a real eye opener; also there is a thread about him in this forum, just enter "automatic pattern search" or "Michael Harris" and see what you come up with.
Eduardo.

Question for professional traders - Van Tharps Institute

zwoop

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FXSCALPER2

Established member

zwoop

Junior member

ZEPPO

Well-known member

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