Van Tharp Do You Want Bigger and More Consistent Profits From the Market?
Van Tharp If you want consistency and would like to make profits from the market, you’ll want to attend this workshop.
Are you a low-risk investor who just wants to make small, consistent profits each month with only an occasional loss?
Are you a gutsy trader who’d like to make yearly profits of 100%, 200%, or even 1,000% per year? That’s real leverage!
Workshop Objective
Van Tharp is a renowned trading coach and author known for his work in the field of trading psychology and developing winning trading systems.
- Define Your Trading Objectives: Clearly identify your trading goals, such as capital preservation, income generation, or long-term growth. Understand your risk tolerance and time commitment to trading.
- Define Entry and Exit Criteria: Based on your chosen strategy, establish clear rules for entering and exiting trades. Determine what technical indicators, chart patterns, or fundamental factors will trigger your trades.
- Monitor and Evaluate: Continuously monitor and evaluate your trading system’s performance. Keep a trading journal to record your trades, emotions, and observations. Analyze the data to identify patterns, strengths, and weaknesses.
- Adapt and Refine: As you gain experience and collect data, be open to adapting and refining your trading system. Incorporate lessons learned from your trades to improve your strategy and make necessary adjustments.
- Emphasize Psychology: Develop psychological resilience, practice patience, and manage expectations to stay focused on your trading plan.
- Seek Education and Mentorship: Continuously expand your knowledge through trading courses, books, and seminars. Consider finding a mentor or joining trading communities to gain insights and learn from experienced traders.
