Q: I am eagerly working through The Definitive Guide to Position Sizing. Unfortunately, I am having difficulty calculating 1R. I am a currency trader, so it seems to be easier for me to calculate everything in pips. I do...
Read MoreQ: While completing the Peak Performance Course I have learned quite a lot about myself and have found some great references. I tend to miss some of the big picture aspects of the market place and am interested in learning...
Read MoreQ: Over the years, I’ve spent a lot of money searching for a plan on how to make money consistently in the market, and for the first time I believe Dr. Tharp’s book Super Trader has outlined a great blueprint on how...
Read MoreQ: I recently read Safe Strategies for Financial Freedom, which I found very useful. Regarding the 1-2-3 model, the last reference I can find is the newsletter dated March 5, 2008. Has the 1-2-3 model been...
Read MoreI wanted to share a letter from one of our clients with you. Dear Dr Tharp, It is with much gratitude that I write you this letter. I have always loved the markets and once I read about you in Market Wizards three years...
Read MoreQ: I have developed a trading system using many of your suggestions and it is almost complete. After many trials, errors, and losses, I now understand that exits/stops are more important than entries. I have two...
Read MoreQ: Trading is mostly an internal game—that’s one of the ideas I picked up after reading your work. Let’s say that we have a couple of great systems (for several market types), we have done the necessary...
Read MoreQ: I don’t completely understand volatility. Dr. Tharp had a %ATR chart in a recent newsletter. Can you detail how he calculates the %ATR for a specific market? A: Van compares today’s S&P 500 daily...
Read MoreQ: In your books you recommend the use of a 25% trailing stop. Does it stay the same for high-leveraged ETFs (e.g., 3X)? A: Van recommends the 25% trailing stop as a sort of “last resort” for investors who may not be...
Read MoreQ: I have bought your two books Super Trader and Trade Your Way to Financial Freedom. I think these two books are full of trading education value when it comes to trading psychology. I am a home-based Intra-day forex trader....
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