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Re: Trade Your Way To Financial Freedom by Van K. Tharp
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Agreed it is overrated and it spends a lot of time explaining simple things. Van Tharp also, sadly, implies ideas generated by others are his own rather than giving credit where it is due (such as r-multiples).
He also misses out a lot of information about more advanced money management, I suspect, to encourage people to buy his other material. I might have a shot at writing an article on money management for the Articles section of the site and see if I can do a reasonable job of expanding on the book (this will take a while, even if I am successful).
I would still recommend this book for new traders. |
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Hello Kiwi,
You are more than welcome to write an article on money management. It would be a great article for all traders. Afterall, money management is probably the most important element of trading.
Soultrader
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James Lee
TradersLaboratory.com
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