Business Planning For Traders Audio Course

Trading is too often treated as a hobby; the result of which can often turn out to be costly and frustrating!

To increase your chances of success as a trader, you need to treat your trading like a business. This applies to full-time professionals and long-term investors who do not trade with frequency.

Business Planning For Traders Audio Course Overview

In this comprehensive Audio series, you’ll learn all you need to know about setting up a viable business plan for your trading. Van Tharp interviews a variety of special guests and provides you with weekly exercises designed to assist you in preparing your plan as the series progresses.

• Part 1: How to Start a Trading Plan

Learn the essential elements required to start a trading plan and what it takes to be a committed trader. Learn how to use “outcomes” to organize your plan in a way that will really motivate you. And, learn what questions to ask yourself to ensure that your trading system really fits you and your objectives.

• Part 2: Understand Today’s Markets

Learn what’s going on in today’s markets. Learn about the major trends, how to stay on top of them, and how to assess each of them in about 30 seconds. And learn about some simple methods that will enable you to capitalize on today’s market

• Part 3: Build Discipline into Your Plan

Create a vision and purpose for your trading, plus set yearly quarterly monthly goals, and weekly goals. Learn a top-down approach to discipline that includes daily use of the Top Tasks of Trading, regular journaling, and a healthy lifestyle to get you closer to meeting your objectives.

• Part 4: Create Your Strategy

Learn the key factors that are essential for any system: stops, R-multiples, expectancy, and position sizing™ strategies. Learn how to use your vision and objectives to develop a strategy. You will also get a better understanding of the key factors that are part of any strategy and learn some strategies that are working well today.

• Part 5: How to Make Your Plan Work

You need more than just trading systems to create a plan that works for you. Learn about several important systems required for any trading business plan. Learn how to run your trading like a business via a 10-step outline. Discover your personal Financial Freedom Number and how it factors into the cost of trading.

• Part 6: Give Yourself an Edge

Learn some of the key factors that will give you an edge in your trading business plan: personal psychology, commitment, expectancy, position sizing strategies, discipline and worst-case contingency planning. Make sure that you are protected and be sure that your business planning stands out from the crowd.

• Part 7: How Systems Work and Perform Under Various Conditions

Learn about backtesting, program and system analysis, and how it can take your trading to the next level. You’ll learn how to get reports that will give you a real edge in trading. The “Know Your System” Analysis covers worst-case drawdowns, losing streaks, expectancy, and optimal bet size as well as certain issues that arise with this software including small stops, various market conditions, and correlated positions.

• Part 8: Get a Review and Critique of Your Plan

Dr. Tharp reviews the good points and weaknesses of three trading business plans. Compare your work with other plans submitted to Dr. Tharp following the teleconference series to learn how you can improve on what you are doing.

About Your Instructor, Dr. Van Tharp

Dr. Van K. Tharp, Ph.D. is the founder of Van Tharp Institute. He is a professional coach for traders and investors. Dr. Tharp is the only trading coach featured in Jack Schwager’s best-selling book, The Market Wizard’s: Interviews with Great Traders. Dr. Tharp has written eleven books, each one making profound advances in the understanding of what creates trading success.

His research and modeling work with outstanding traders over the past 30 years has made his training programs and workshops among the most well-respected in the world. His programs offer unique learning strategies, and effective techniques for producing Super Traders. Dr. Tharp has been featured in Forbes, Barron’s Market Week, Technical Analysis of Stocks and Commodities, Investors Business Daily and Futures and Options World, and Trader’s Journal, just to name a few. Learn more about Dr. Van Tharp.

Testimonials for Van’s Books, Courses, and Workshops

“I read your two books and found them extremely interesting. I’m incorporating your strategies into my personal life and finances…I have read a great number of books and articles on these subjects. However, I found your strategies much more logical and original than any other ones.”

— L. Ginette, Quebec City, Canada

“I want to take this opportunity to thank you for the life-changing training experience I had five years ago at your seminar in North Carolina… My trading has resulted in over 2 million in profit this year… prior to my experience in your program five years ago, I would have to say I had never been a truly profitable trader. My sincerest thanks and appreciation for the study you have made of “modeling” other professional successful traders and imparting their correct psychological habits and techniques to those of us who desire to attain the status of trader for profit.”

— J.C.

“Just wanted to drop you a line to thank you for all your help and to give you some feedback on my progress… after completing your course and developing a game plan and journal, I started back to trading…To make a long story short, I have had 8 trades since the end of July when I started trading. I lost four and was profitable on four. The last two were also quite spectacular, netting a total of over $37,000 in two weeks…your course and inventory Profile helped me to get a hand on my more self-defeating tendencies.”

— E.W.

Read more testimonials.

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