Thursday, January 06, 2011

Becoming A Better Trader

Van Tharp Peak Performance Course
I Want to Become a Better Trader or Investor. Where Do I Start?


The answer of course depends on where you are now, where you want to go, and the time and other resources you are going to devote to your quest.

The Van Tharp Institute has excellent educational and training programs designed for both beginning and advanced traders/investors. But it can be difficult to know where to begin.

The best possible program to begin your exploration into better trading and investing is without a doubt, Dr. Tharp’s Peak Performance Home Study Program for Traders and Investors.

Dr. Tharp recommends this first for everyone because having a solid understanding of your self as a trader or investor is a fundamental key to success. Taking this course first has been our recommendation for years. Even as we add to our range of quality products we still know of no better place to begin.

The benefit of taking this course is not dependent on your experience level. It is not system, time-frame or market specific. It is just as helpful to the person who has traded for 10 years managing millions as it is for the new investor with a small personal account, or to the person who wants to trade but has never traded. This is because the focus of this program is YOU.

The course focuses on all key areas of the individual, such as self-sabotage, fear of pulling the trigger, and overtrading. It helps you analyze and reduce your level of stress. It also, very importantly, opens your eyes to a better understanding of your own belief system. It helps you understand your decision-making processes and makes you a better decision maker. It shows how all of these factors tie into your trading and investing performance.

The Peak Performance Home Study Program is affordable and comes with a money back guarantee. Our clients tell us again and again the course is more than worth the money and time spent. We also frequently hear how this powerful program not only helped build more effective trading skills but also enhanced the student’s whole way of life.

In addition, reading Dr. Tharp’s books, Super Trader, Trade Your Way to Financial Freedom and Safe Strategies for Financial Freedom will certainly start you in the right direction, plus give you a better understanding of Dr. Tharp’s principles. We strongly recommend that you read these books to gain a foundation of the critical concepts that you need to be successful as a trader. These concepts include risk (R), R-multiples, expectancy, and position sizing.

To become a great trader, you first need a solid psychological foundation and an understanding of the trading process (what great traders do). You’ll get this in the peak performance course and the peak performance 101 workshop.

Second, you need to think about your trading activities as a trading business and developing a business plan for your trading. The peak performance home study program addresses this topic as does Dr. Tharp's audio CD series on how to develop a trading business plan that works for you. Also, even though you'd never know this from the name of the book, Dr. Tharp's book, Financial Freedom Through Electronic Day Trading, has one of the best chapters on developing a business plan.

Third, you need trading systems that fit you. Most people want to start here, at the technical side of trading, however, we don’t recommend that.

Dr. Tharp's studies reveal that all of your psychological biases and issues will enter into any trading system development that you do if you have not taken the time to work on yourself as the core of your trading. Thus, once you’ve completed the Peak Performance Course and developed a strong foundation and completed your business plan, then you’ll really be able to develop a trading system that fits you. At that point, we recommend you complete the home study program “How to Develop a Trading System that Fits You” or attend one of our Systems Workshops.

To get a complete picture of everything that’s involved in becoming a great trader, and learn an overall structure that will help you understand what it takes to be a great trader, then we suggest that you attend our three-day Blue Print for Trading Success workshop, which gives you a blueprint to work through all of the fundamentals of Van Tharp’s work.

You have many options depending on your needs and resources. Consider what your goals are and this will help determine what alternatives are best for you.

To check out a listing of our core products, click here.

To check our trading workshop schedule click here.

Our products and workshops are the highest quality and most come with a money-back satisfaction guarantee. With this in mind, you have so much gain and very little lose by trying any of our materials. So don’t wait. Start today!

Explore our Van Tharp Institute website to review all of the "products," "workshops," and "newsletter articles," located at the top of each page, and just drill down to get all the information you need. To get a synopsis on each Tharp

Thank you for your interest in the Van Tharp Institute.