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Eight Edges You Must Have: Your Written Trading Plan (Wiley RealTime Trading), by Van K. Tharp
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Why investors lose money and how NOT to
Wall Street makes it easy to jump into the game of trading. After all, they love taking your money. Trading without proper preparation could be a windfall for your broker, but fatal for your account. In this e-book, bestselling financial writer and trading expert Van K. Tharp shares eight essential rules that will help you NOT lose your shirt and even make a profit in the world of trading.
In Eight Edges You Must Have: Your Written Trading Plan, Van K. Tharp explains that success in the markets takes the same amount of—perhaps even more—work, study, and commitment that any other profession requires. For those people who are committed to learn how to trade properly, who do the obligatory work and possess the necessary talents, it is quite possible to make a lot of money in the market in the long run. To that end, he outlines the eight key reasons why people lose money in their trading and investing and shows how to avoid them.
- Lists the eight essential reasons people fail at trading—from the fact that you're playing Wall Street's game to the common misconception that trading is technical when in fact, it’s 100% psychological
- Written by recognized trading expert Van K. Tharp, bestselling author of Trade Your Way to Financial Freedom
- Reveals the secrets of trading psychology that can give traders a significant advantage
Utilizing charts and solid data throughout the book, Tharp arms traders with eight essential rules to follow to protect themselves from falling into the traps awaiting the poorly prepared and to maximize their potential for coming out winners in the game of the trade.
- Sales Rank: #719309 in eBooks
- Published on: 2013-04-16
- Released on: 2013-04-16
- Format: Kindle eBook
Most helpful customer reviews
18 of 21 people found the following review helpful.
It's an Advertisement for his other products.
By GeraldM
I bought it yesterday and returned it almost immediately. I got an uneasy feeling that this was just an advertisement after reading the first two chapters. After that, I scanned it and noted that every chapter contains meager information with a link to other products that give you the complete information. The argument is made that it is a short eBook (of which only 50% is content with the other 50% being introduction, appendix and index - approximately) and that the format is not suitable for more information. I don't accept that as an eBook is as fruitful or devoid of content as you make it. The useful and complete content is in the other books, seminars, courses and workshops that the author sells. He provides links for those products throughout the eBook. This is highly disappointing to me because my first exposure to Dr. Tharp was through his excellent book "Trade Your Way To Financial Freedom". That book is a gem. This eBook is an advertisement. Why would I pay to have someone else's advertisement for their products? To be fair, there are some high level ideas in there that if you haven't been exposed to them, you might find useful. But in order to explore the ideas you will need to buy Dr Tharp's other products. This eBook should be free. It's just marketing material.
4 of 4 people found the following review helpful.
A Good Starting Point for New Traders or those seeking to improve.
By M45Warrior
This book is a great starting point for anyone that wants to get involved with trading. The author outlines eight things that any trader must do to survive the trials of the day to day markets. There is a brief chapter for each item. There are links to free youtube videos that expand on some of the item as well as links to the authors website that provides additional information and even a link for a free weekly newsletter. There are references to some of the authors other books and materials but those are by no means the center of the book. The book as stated in the overview on Amazon is an overview of eigth edges you must have to succeed in the market and it delivers on that. It's a great starting point for those thinking to get into the markets but don't know where to start or what is involved.
6 of 9 people found the following review helpful.
This is just a flyer...
By Marek Ilnicki
...or just the advertisement for other Van Tharp's books and training courses. It is not worth the money you pay for it.
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