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I have been doing some short term trading for a few years. I am always looking to improve my methodology and that is why I purchased the book. As the author says, most books on trading pretty much deal only with techniques for entering a trade or trade setups. This book deals more with what to do after you are in a trade and how to avoid big losses which can ruin your trading. It also deals with some of the psychological aspects of trading which can have a significant affect on trading results. I gave the book a 4 star rating instead of 5 because I had already been using some of his suggestions and because I have not yet implemented some of his other suggestions to see if they provide improved results.
It’s an Ok book, but don’t forget that if you what some real meat about trading you need to go to the Van Tharp seminar for about $3k+ tuition
Verified purchase: Yes | Condition: Pre-owned
While the title of this book may be a little sensationalistic for my taste, the information presented inside is solid and essential. Tharp delves deeply into what it takes to become successful in the trading game no matter how you choose to trade or which market(s) you trade. His focus on trading psychology and money management is of utmost importance to any trader who is serious about becoming a full time success.
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