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Trade Your Way to Financial Freedom By Van K. Tharp ( McGraw-Hill )
Release Date: 2006-11-22
Average Customer Rating:
List Price: $34.95
Price: $23.07
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Product Description
The bestselling holy grail of trading information-now brought completely up to date to give traders an edge in the marketplace “Sound trading advice and lots of ideas you can use to develop your own trading methodology.”-Jack Schwager, author of Market Wizards and The New Market Wizards This trading masterpiece has been fully updated to address all the concerns of today's market environment. With substantial new material, this second edition features Tharp's new 17-step trading model. Trade Your Way to Financial Freedom also addresses reward to risk multiples, as well as insightful new interviews with top traders, and features updated examples and charts.
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 Trading the Markets
An extremely fun and exciting read when it comes to books on trading. This book more than met my expectations. It will guide you to define your expectations and goals for trading in a very simple, clear and concise manner. This book should be required reading for any and all traders, beginners or advanced alike. It is perfectly outlined with simple steps and guidelines and then summarized at the end of each chapter. Should be read by all so called "trading gurus" as well.
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 Not for trader ( abderrafiamoujoud )
The authors tried to cover many aspect of trading, from technical, fundamental, psychology,... he comes with a lot of information that bring nothing to your trading. He explain very simple thing in a complicate manner, sometime not easy to understand. I think he doesn't know much about trading and all his writing is from the conversation with others (limited) trader. If you are looking to learn about trading and want start to trade it is not a recommendation, you may try to read what Alexander Elder wrote for example. Anyhow, you don't need to buy them, you can download for free the E-Book using P2P such emule...
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Trading the Vulcan way
Essential reading for any budding trader from any planet.
Find out why trading is exactly 100% psychological.
If you harbour any other point of view, read this, you must.
Cheers, Yoda.
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 Over rated. Find another book. ( huanlintsai )
I think this book is over-rated. You can find better information in other books. For example, Alexander Elder's "Trading for a Living: Psychology, Trading Tactics, Money Management," and William O'Neil's "How To Make Money In Stocks: A Winning System in Good Times or Bad, 3rd Edition." Both books are good and easy to read.
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Not a recipies book
If you are looking for trading recipies, this is NOT the book for you. This books describes the trading process in an open approach, whithout selling speaches, trading formulas or magical enchaments. It describes the importance of risk management of your trades, and the pshycology and biases that are part of every system. Though general, the offered information serves both from what someone would call academic understanding, and the practical side of trading. The book is not academic though, as you will not see tons of equations, proofs, or algorithms.
I think it is a must for everone that does not want to jump into trading someone elses formulas, but to understand the mechanics and the psycology of trading. It contains references to other books that will help you understand the trade reciepies.
So if you want to understand what you are doing, or at least what you are supposed to do and the biases associated to your decisions, buy the book. If you want to trade like a maniatic daredevil who is told what to do by following nonsense schemes, you dont need this book.
No wonder why some readers were dissapointed. My impression, its the readers fault not to aim to higher goals while buying and reading a trading book.
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