Reading Materials by Traders' Coach Van Tharp
It was in 1975 when Dr. Van K. Tharp received his Ph.D. in psychology. Despite his success as a psychologist, he is also a world-renowned traders coach, consultant, and author. His specialization as a trading coach includes position sizing techniques, systems development, and trader psychology. With regard to his literary contributions, Van Tharp is known for writing and co-writing foreign exchange (FOREX) books, including "Trade Your Way to Financial Freedom," "Financial Freedom Through Electronic Day Trading," "Safe Strategies for Financial Freedom," and "Diventare Finanziariamente Indipendenti." We will try to provide information on some of these books that are guaranteed to inspire traders.
"Trade Your Way to Financial Freedom" is a must-read for newcomers in the field of trading. This FOREX book is considered a trader's bible because it covers such topics as position sizing, money management, and trader psychology. Van Tharp describes in this book how traders can generate profits through a random system. Although this book is ideal for beginners, all traders are recommended to read "Trade Your Way to Financial Freedom" because even those who have been trading for a long time will surely be inspired.
Another FOREX book written by Van Tharp is titled "Financial Freedom Through Electronic Day Trading," but this time, he co-wrote this with expert trader Brian June. In this book, the expertise of Van Tharp in trading psychology is combined with the excellent skills of June, providing ideas to readers as to how they will survive and succeed as traders. Among the topics touched by Van Tharp and June in this book are the best day trading software, the techniques to know the position of a market maker, and a market analysis from a day trading perspective. The aim of the authors in writing this book is to develop the skills of traders and transform them into best traders in a short span of time. Topics are explained in a concise manner, making it easy for readers to understand and apply everything written in this FOREX book.
The FOREX book "Safe Strategies for Financial Freedom" is co-written by Van Tharp with financial advisors D. R. Barton and Steve Sjuggerud. People who have read this book say that by reading "Safe Strategies for Financial Freedom," traders would know in thirty seconds whether they fit in the market or not. Van Tharp, Barton, and Sjuggerud describe how successful investors avoid committing mistakes and generate profits. Readers are expected to learn how to invest their money wisely, and how their investments will provide a fixed income for them. A specific program is featured in this FOREX book that explains how traders can free themselves from working in an office. This book also features the risk-control techniques that Van Tharp uses and teaches other traders. "Safe Strategies for Financial Freedom" is a must-read for everyone who aims of achieving financial freedom.
Book critics recommend all these books because they were written by a credible FOREX author. Moreover, his co-authors are also credible ones who have also succeeded in the field of FOREX.
