How to transform your trading results by transforming yourself
In the unique arena of professional trading coaches and consultants, Van K. Tharp is an internationally recognized expert at helping others become the best traders they can be. In Trading Beyond the Matrix: The Red Pill for Traders and Investors, Tharp leads listeners to dramatically improve their trading results and financial life by looking within. He takes the reader by the hand through the steps of self-transformation, from incorporating "Tharp Think" - ideas drawn from his modeling work with great traders - making changes in yourself so that you can adopt the beliefs and attitudes necessary to win when you stop making mistakes and avoid methods that don't work. You'll change your level of consciousness so that you can avoiding trading out of fear and greed and move toward higher levels such as acceptance or joy.
Advocating an unconventional approach to evaluating trading systems and beliefs, trading expert Van K. Tharp has produced a powerful manual every trader can use to make the best trades and optimize their success.
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This books is mostly advertisement for other products the author offers (most cost several hundred dollars and some are not available anyway)
Even though i would not recommend this books at all, it does have some positive things (hence the reason i gave it 2 stars).
The book is written as several testimonials about how good Dr. Tharp's workshops are
The book is divided into 3 parts the first part Dr. Tharp emphasizes the importance of position sizing and says that one should have different systems for each different market (Bull, Bear, Etc).
unfortunately that's all the trading advice you'll get from the book after that the book becomes a self help, spiritual guide. Where Dr. Tharp students testify that trading in peace and accepting what the market does without the need to be right will make you happy.
I am sure that the 2nd and 3rd part (about physiology and spiritual awakening) will help some people...
But, as far as trading is concerned, the book and this review are equally helpful. The book might be a little deeper, but since the way that book is written is so convoluted even if you would like to go back and read again some part (that you found helpful) you actually need to read a whole chapter about how much good you will get from paying Dr. Tharp a few hundred dollars.
"Think in a different way."
Half the books is about God. I hope that does not put any potential listeners off, like it would have me. But wow!, another top trading book that must be listened to.
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