Having coached many traders over the years, one of the recipes for success is to follow the “path of least regret.” However, human nature struggles with that concept as we typically go for perfection, trying to overachieve to feel good about ourselves. This keeps the trader in a state of frustration, leading to FOMO (fear […]
Follow the Path of Least Regret By, Gabriel Grammatidis Read More »
Editor’s Note: Dr. Van Tharp’s content is timeless and our goal is to continue to share his material with our readers. Today’s tip is material from a past article. So far in this series, we have looked at biases regarding randomness, which is the tendency people have to seek out patterns where none exist and
Editor’s Note: Dr. Van Tharp’s content is timeless and our goal is to continue to share his material with our readers. Today’s tip is material from a past article series. Last month we looked at the randomness bias, which is the tendency people have to seek patterns where none exist and to invent the existence
Editor’s Note: Dr. Van Tharp’s content is timeless and our goal is to continue to share his material with our readers. Today’s tip is material from a past article. At any given instant, over two billion bits of information impinge upon your senses. Yet consciously, we can only process “7 +or – 2 chunks” of
A note to readers: While much of this article’s content is timeless, it is from a past publication and may contain outdated information, missing links or images. My research suggests that the problems people have in developing a trading system fall into five different categories. The first three areas prevent traders from ever starting (or
Procrastination and System Development By, Van K. Tharp, Ph.D. Read More »
Editor’s Note: Dr. Van Tharp’s content is timeless and our goal is to continue to share his material with our readers. Today’s tip is material from the second volume of Dr. Tharp’s Peak Performance Home Study. Every time Michael thought about entering the market he said to himself “But what if I lose?” Those thoughts
Stop Worrying Yourself Out of Profits By, Van K. Tharp, Ph.D. Read More »
Editor’s Note: Dr. Van Tharp’s content is timeless and our goal is to continue to share his material with our readers. Today’s tip is an excerpt from the book “Super Trader: Make Consistent Profits in Good and Bad Markets“. What would happen if you could just pay attention to what the market is doing right
Trade Through “Mindfulness” By, Van K. Tharp, Ph.D. Read More »
Having been with the Van Tharp Institute for over a decade now, I’ve had the privilege to teach, coach and get to know more than 1,000 traders. Watching some traders succeed quickly while others needed more time to struggle their way through, I came to understand what is really important – or better – crucial,
What Are the 12 Key Success Factors for Becoming a Great Trader? By, Gabriel Grammatidis Read More »
In 2021 Dr. Tharp recorded this 20-minute video to outline his 7 steps to Infinite Wealth. We invite you to listen in while he covers these 7 points. In addition, he leads a short guided visualization exercise so you can envision your own path to infinite wealth. Seven Steps to Infinite Wealth The first step
VIDEO: 7 Steps To Infinite Wealth With Van K. Tharp Read More »
I’ve been thinking about complex systems and how we relate to them as traders and investors quite a bit this past month. There is no sure and real way to understand, or solve or predict a complex system in a simplistic way. I talked about this when we discussed the January’s First Five Days indicator
The Only Effective Shortcut: Find Your Wealth-Building Passion By, D. R. Barton, Jr. Read More »
