Dr. Van K. Tharp, Ph.D.

By Van Tharp and Tom Basso October 16, 2018 A note to readers: This article is from a past publication and may contain outdated information, missing links or images. Tom Basso once suggested some rules for investing. When I first saw them, I thought, “These are much too restrictive. They’d rule out some great traders.” But I have since changed my mind and now think that if you are going to have someone else manage your money, these are wise points to follow. Here are ten points that Tom Basso

By Van K. Tharp, PhD October 23, 2018 Excerpted from Van Tharp’s Peak Performance Home Study Course Many mental health professionals define an “uncertain” condition as being stressful. Uncertainty occurs because of too much information or because of too little capacity. The very fact that we cannot deal with available information is stressful. Available trading information far exceeds one’s capacity for making basic trading decisions, so one can only attend to some of this data. Limited capacity is a major factor in trading success and in understanding stress. Three factors

Make and Honest Self-Appraisal By Van K. Tharp, Ph.D. October 23, 2018 A note to readers: While Dr. Tharp’s content is timeless, this article is from a past publication and may contain outdated information, missing links or images. Think about the last loss you had in your trading. What caused it? Who was responsible for it? If your response was anything other than yourself (e.g., the market, my broker, bad advice, etc.), then you are not taking responsibility for your results. And the consequences of not taking full responsibility for