About Me

Name:
Van Tharp, Ph.D.

Location:
North Carolina

> Van's Bestselling Book -
Re-released and fully updated

vbook.bmp
>BUY NOW

Hobbies:
Spiritual studies, stamp and art collecting, movies, music and dancing.


Welcome! I am Dr. Van K. Tharp. I am the founder and president of the Van Tharp Institute and am regarded as an international leader among professional trading coaches and consultants.


I have been helping others become the best trader or investor that they can be since 1982. I offer unique learning strategies, and my techniques for producing great traders are some of the most effective in the field. Over the years I have helped traders overcome problems in areas of system development and trading psychology, and success-related issues such as self-sabotage.


To learn more about me, my personal newsletters and my trading game – please visit me at the Van Tharp Institute at www.iitm.com.

I am also a regular contributor on the Trading Education website. For more of my insights, you can sign up for their free weekly trading newsletter at www.TradingEducation.com.

 

Post Calendar
September 2008
Sun Mon Tue Wed Thu Fri Sat
1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30




Categories
Archives
 

Advertising

Interested in advertising on SmartTraderBlog.com? Click here for more information.

Policies & Terms

« Expectancy is Next Key | Main | So why can't everyone make 100% »

Bold Statement

Now you know what expectancy is...it's the average R value produced by a system. So now you can get a general idea of what to expect from your system. If it produces an expectancy of 1.21R per trade, and you make 100 trades each year. Then on the average you should make 121R each year. If you only risked 0.75% per trade with that system, you should be able to make 100% each year.

Generally, I think it is very easy to develop a system that has the potential to return 100% each year, even though most people struggle with system development.

What's HARD is trading the system to get the full return. Most people make so many mistakes that they ruin the system. But that's another topic for tomorrow. And that's where the psychology of trading comes into play.

TrackBack

TrackBack URL for this entry:
http://www.smarttraderblog.com/cgi-bin/mt-tb.cgi/7

Post a comment

(If you haven't left a comment here before, you may need to be approved by the site owner before your comment will appear. Until then, it won't appear on the entry. Thanks for waiting.)

Copyright © 2007 TradingEducation.com, LLC. All rights reserved

TraderChat.com

newbutn2xx.gif

 

Click Here for a free trading newsletter!




Search Blog
Syndicate SmartTraderBlog
Advertisers