Books by Van K. Tharp

[skimmy]

I have heard some good things about the strategies presented by Van K. Tharp in his books. I came across one on Amazon that looked appealing. It is called 'Safe Strategies for Financial Freedom' (http://www.amazon.com/Safe-Strategies-Financial-Freedom-Tharp/dp/0071421475/). Has anyone read this book, or can you suggest another along the same lines. This one seems appealing to me because he is not taking the standpoint of trying to make millions, but rather just enough to live off of.

[bryanmcn]

Yes. I've read it. Its basically a re-hash of his previous books. You can get a lot of his stuff from his web site. http://www.iitm.com/

I would start there.

[skimmy]

Does he provide some reasonable strategies within the book tho? I haven't read any of his other books so I'm not entirely sure what he's all about. I'd also like to know if its highly theoretical or more practical in nature? Thanks for your help.

[bryanmcn]

He spends a lot of time talking about the psychology of trading and how to limit risk using position sizing and volatility. I liked the book but its a long read and you may enjoy one of the "What Works on Wall Street" series better. 

Most of the best traders use TA. TA works for you regardless of how many people use it when following a stock (it works even better actually). There's always someone or some group that knows more about a stock's fundementals and insider trading than we do.

That said, if your a big fundamentalist, "One Up on Wall Street" is a classic read.

[manuj]

Hi there

Can you please clarify what is "TA"?

Thanks

[garilou]

manuj,

Have you heard about a huge very useful thing that is called Google?

There is another one very useful to:

http://acronyms.thefreedictionary.com

and another one:

http://www.answers.com/main/ntquery?s=Trading+%22TA%22


In the context of investing or trading, TA usually stands for Technical Analysis.

Louise