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Pros & Cons
Pros
The book is undeniably helpful and a must read. Good book to consult now and then.
Van tharp has a strong psychological and coaching background. He is extremely tolerant in values, methods and schemes. Tharp lays out a number of questions that you, as a stock market trader should ask yourself.
Neutrally explains various approaches of trading and the pros and cons of each. I find it very helpful to learn about developing thy own trading system. If you want to rid yourself of a few pesky trading monsters in your brain it can help there too. S... Read More
Position sizing is the most powerful thing in the markets. Teaches many lessons about system development, expectancy, position sizing, and risk management. Mark tier's book is an introductory in my opinion.
The glossary also has a square root.
Cons
Is it about traders as the posh title suggests?
Highlights
Quality
I really like the first part of the book, when you are confronted with the fact that when you are trading the markets, you are ... Read More
Competitiveness
One of the best books in the financial trading world.
Tharp does a goos job of laying this survey of trading out in a well organized manner and highlighting the critical concepts.
It's harder to read than a college textbook, even for simple concepts.
Overview
- How are reviewers describing this item?
good, most and great. - Our engine has profiled the reviewer patterns and has determined that there is minimal deception involved.
- Our engine has determined that the review content quality is high and informative.
- Our engine has detected that Amazon has altered, modified or removed reviews from this listing. We approximate total reviews altered up to 113.
- Our engine has discovered that over 90% high quality reviews are present.
- This product had a total of 600 reviews as of our last analysis date on Jun 26 2022.
Helpful InsightsBETA
Posted by a reviewer on Amazon
The cons would be it is a little like a text book and you dont get the opportunity to delve deeper into a particular strategy like trend following but i dont think that was the authors intent
Posted by a reviewer on Amazon
You’ll enjoy the authors style and the information presented
Posted by a reviewer on Amazon
This is a non nonsense book on the trading subject
Posted by a reviewer on Amazon
Do not let the book title fool you it is a horrible title but youll understand the title of the first page
Posted by a reviewer on Amazon
It helps to prevent mistakes made by both novice and experienced traders and if you still make the mistakes at least you will be aware of what happened and able to prevent bashing your head against the same wall and loosing money in the process
Posted by a reviewer on Amazon
Anyone serious about trading needs to read this book before you commit a bunch of money
Posted by a reviewer on Amazon
There are very few book on the subjects of money management losing streak control overall risk control
Posted by a reviewer on Amazon
It is what van tharps calls r the initial risk
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