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Personal note: enough with the analogies to flying an airplane. So the guy has a pilots license... that doesn't mean that every function in his software package has to be analogous to a control in a cockpit. Lame.

Summary: The scammy nature of the software package that he endlessly promotes is enough to spoil anything else that the book might do well. Not that I'll find out, because I'm throwing the book in the garbage.

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"Let your profits run!" It's the golden rule by which all Super Traders live. With the help of investing guru Dr. Van K. Tharp, you can join the ranks of full-time traders who consistently master the market.

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Van K. Tharp, Ph.D., is the founder and president of the Van Tharp Institute. He is regarded as an international leader among professional trading coaches and consultants. Tharp is the author of three acclaimed

This book is one of the essential books you will need if you are serious about becoming a successful trader. While this book does not have systems to trade or charts with

moving averages and technical indicators, it does have what is most important to becoming a successful trader. In depth information about successful trader psychology and risk

management. These two elements of trading determine whether you are profitable or lose most of your money. I am an active and successful trader and I agree 100% with the principles presented in this book. Van Tharp advises to

trade with a clear mind and do not allow issues in your life to creep into your trading. He gives you a web address where you can take a trader test to see what kind of trader you are. You must build a trading system that fits your

personality to be successful. He covers all types of systems for traders but this book does not go into detail about specific entries and exits. Your trading system and entry are not as important as risk management and your

discipline to follow your system. If you follow a tested system with a long term positive return to risk, and you stop your losses at predetermined amounts, while also letting your winners run with trailing stops, and are able to keep

your ego out of your trades, you will be successful. As a new trader I never understood why books talked about these concepts so much, as a seasoned trader I know how ego and emotions can take over and you start wishing

will save you a small fortune. I really enjoyed how the author taught the concept of risk in this book through the use of 1R representing a unit of risk.Read more ›