Tag Archives: Trading Psychology

A 19R Trading Day for Ken Long at Tortise Capital

R multiples are the key to proper money management when you are trading. This is a great trading day with a wonderful explanation of how Mr. Ken Long read the charts. Notice he kept putting in his stops to keep his profits when the trend changed. The close at the end cost him some profit when the orders failed to be filled quickly. What a great trading day! Happy Trading! William

Van Tharp’s new book “Trading Beyond the Matrix, the Red Pill for Traders and Investors”

Van Tharp’s new book “Trading Beyond the Matrix, the Red Pill for Traders and Investors”, now on Amazon. Trading Beyond the Matrix The Red Pill for Traders and Investors By Van K. Tharp, Ph.D. In the sci-fi movie classic, The Matrix, the hero Neo was given a choice: take the red pill and see the world as it truly is, or take the blue pill and wake up in his bed believing whatever he wants to believe. Of course, Neo takes the red pill, and the adventure begins. Now, what if there was a real Matrix and a real red pill? The newest book from trading coach Van K. Tharp, Trading Beyond the Matrix: The Red Pill for Traders and Investors (Wiley; $40.00; March 2013, 978-1-118-52566-1), is the reader’s red pill and will lead them on a journey to dramatically improve their trading results and financial life by shining a light on the engrained ideas, beliefs, and perceptions that influence every one of their trading decisions that may keep them from the success they deserve. In Trading Beyond the Matrix, Tharp takes the reader by the hand through the steps of self-transformation, from incorporating “Tharp Think”—ideas drawn from his modeling work with great traders—making changes in yourself so that you can adopt the beliefs and attitudes necessary to win when you stop making mistakes and avoid methods that don’t work. The book also offers: • Three different levels of transformation to improve as a trader and to become a happier person. • Real success stories of people who have changed their trading significantly as a result of adopting these concepts. • Learning how to meet your objectives. • Statistical methods for understanding the market. • How to determine if your beliefs (programs) are useful or not. • Two different methods of dealing with internal conflict. • Nine steps to master yourself. • And much more! Helping others become the best trader or investor they can be has been Van K. Tharp’s mission since 1982. Dr. Tharp offers unique learning strategies, and his trading education techniques for producing great traders are some of the most effective in the field. In the unique arena of professional trading coaches and consultants, Tharp is an internationally recognized expert. More than just another collection of “sure-fire” trading strategies and techniques, Trading Beyond the Matrix takes the reader on a journey of self-discovery, during which they will come to understand who they really are, how their personal psychology affects your every decision, and what, with Dr. Tharp’s guidance, they can become: whatever they desire… even a Super Trader. Visit http://matrix.vantharp.com to download the mini-book and see the special offers. About the Author: VAN K. THARP, PhD, is President of the Van Tharp Institute, where he uses a combination of skills and education to fine-tune his strategies to coach, consult, and teach traders and investors. Dr. Tharp is the author of five acclaimed books: Super Trader, Trade Your Way to Financial Freedom, the New York Times bestseller Safe Strategies for Financial Freedom, The Definitive Guide to Position Sizing™ Strategies, and Financial Freedom Through Electronic Day Trading. He received his PhD in psychology from the University of Oklahoma Health Science Center in 1975. He is a Master Practitioner of Neuro- Linguistic Programming (NLP), a Master Time Line Therapist, a Modeler of NLP, and an Assistant Trainer of NLP. He has used his expertise in NLP to create a number of trading and investing models for generating consistent profitability. Tharp has been featured in Forbes, Barron’s, Technical Analysis of Stocks and Commodities, Investor’s Business Daily, Futures and Options World, and Trader’s Journal. He has given talks and workshops in over 25 different countries.

Van Tharp’s New Book – Trading Beyond the Matrix: The Red Pill for Traders and Investors

This is a great site: www.VanTharp.com A small mini-book that you can download. It has the prefix and the first chapters so you can read the text. Download Van Tharp’s Mini Version of His New Book Now. It’s over 50 pages of content. Free! Trading Beyond the Matrix: The Red Pill for Traders and Investors In his new book, Van Tharp leads readers to dramatically improve their trading results and financial life by looking within. He takes his readers by the hand through the steps of self-transformation by incorporating “Tharp Think”—ideas drawn from his modeling work with several great traders. Making changes in oneself will lead you to adopt the beliefs and attitudes necessary to win when you stop making mistakes and avoid methods that don’t work. Go here to download the new book:

Van Tharp – The Matrix

Beyondthematrix

Enjoy! William