About Me

Name:
Van Tharp, Ph.D.

Location:
North Carolina

> Van's Bestselling Book -
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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.

 

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« What's the real purpose of trading | Main | Where does one go for a smorgasboard of low risk ideas? »

Setups and Entries

What are the best resources that you know of to get specifics on system design insights, especially setups and entries?

Another common question and I'd like to respond to that one with a question, "What are the beliefs that you have that inspired that question?" That they are important? That there is some magic entry technique that will give you much better results than any other? That entries are somehow the key to developing a successful system? Well, these are all beliefs and what happens with such beliefs is that they shape what are important?

I my opinion, I said everything that is important about entry and setups in the new edition of Trade Your Way to Financial Freedom. And what I'd suggest is that you discover what you believe about setups and entry (and trading in general). When you really understand that, then it is pretty easy to develop a system that fits that.

Ken Long actually did an exercise in which he wrote down the opposite of all of his beliefs about the market and entry and designed a system around that. It turned out to be his best system.

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