Super Trader by Van K. Tharp

Super Trader (Make Consistent Profits in Good and Bad Markets) by Van K. Tharp is a complete-guide type of book that tries not to be specific in regards of particular markets but rather shows what are the components of a successful trading strategy and, more precisely, a real Super Trader. If you’ve read Tharp’s previous book Trade Your Way to Financial Freedom, you should know that, although he isn’t a professional trader, Tharp is a great coach in trading. He studied a lot of successful systems and traders and knows what it takes to become one of them. This book will show you how to prepare yourself psychologically, how to develop a good trading plan and then a trading strategy, how to use the position sizing properly and finally how to avoid the popular mistakes in trading. Super Trader can be called a must-read for traders of all markets.

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Before you enter any trading position you should be confident about the proper reward-to-risk ratio that this position will yield. You can use the free on-line risk and reward calculator to calculate that ratio beforehand.

List other books by Van K. Tharp.

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Below you can read the reviews of the book and also submit your own review about Super Trader by Van K. Tharp.

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2 Reviews

  1. Lans:

    This book is the latest edition by Mr. Van Tharp. When you will finish reading this book, you will see that the author knows a lot about the subject, he however somehow has failed to present the ideas well. This book is more or less like promotional handout to a perspective class attendee. In case you want to really learn from the content of then book, then it is recommended that you read the other books, written by him.

  2. Jp:

    This book is about getting the mind right for trading and it’s vital. The exercises aren’t exactly fun, but they will pay off if you do them. As the previous reviewer states, some points are not expressed clearly, the author’s other book “trade your way to financial success” would be required reading too, but I’d recommend that book anyway.