The Maka Wizard's Book Is a Classic

In this episode Dr Van Tharp talks about beliefs and their impact on trading, the qualities of successful traders, adapting trading to market types, position sizing, trading mistakes and overcoming fear, perfectionism and impatience.

• How Van got started in the markets and the issues he faced initially
• The main reasons the majority of trades are unsuccessful
• How traders can identify the type of strategies that suits them
• What it means to trade your beliefs in the market
• How to assess whether your beliefs are useful or limiting
• The real importance of psychology in trading
• Your collection of parts and how they interact
• The process of transformation in a trader
• Qualities of losing traders and how to test yourself for them
• The impact mistakes could be having on your results without even knowing
• How to cope with larger trade sizes as your account grows

PLUS listener questions on:

• Using position sizing to meet your objectives
• The 6 market types, how to measure them and how to apply it to your trading
• How to find positive expectancy systems
• Developing patience when in a trade
• Trading in short timeframes
• How to address issues with perfectionism
• Systematic vs Discretionary trading
• Overcoming fear of pulling the trigger
• Handling drawdowns

Disclaimer: Trading in the financial markets involves a substantial risk of loss and is not suitable for everyone. All content produced by Better System Trader is for informational or educational purposes only and does not constitute trading or investment advice. Past performance is not necessarily indicative of future results.