Trade Your Way to Financial Freedom Quotes

“This bias may be at the root of all other biases. Yet being right has little to do with making money.”
― Tharp, Van, Trade Your Way to Financial Freedom

“What’s the worst thing that can happen in terms of your client relationship? How can you prepare for that so that it will not occur?”
― Van K. Tharp, Trade Your Way to Financial Freedom

“How will you handle a large infusion of new capital or a large withdrawal?”
― Van K. Tharp, Trade Your Way to Financial Freedom

“The Definitive Guide to Expectancy and Position Sizing.8 The”
― Van K. Tharp, Trade Your Way to Financial Freedom

“Malcolm Goodwin’s Holy Grail”
― Van K. Tharp, Trade Your Way to Financial Freedom

“market. Instead, we need to keep in mind that the representation is just a shortcut for presenting a lot of information, or even worse, a distortion of that information. Reliability bias People assume that something is accurate when it may not be. For example, market data that you use in your historical testing or that come to you live are often filled with errors. Unless you assume that errors can and do exist, you may make lots of mistakes in your trading and investing decisions. Lotto bias People want to control the market, and so they tend to focus on entry, where they can “force” the market to do a lot of things before they enter. Unfortunately, once they enter, the market is going to do what the market is going to do. And”
― Tharp, Van, Trade Your Way to Financial Freedom

“When you understand what’s involved in winning, as do professional gamblers, you’ll tend to bet more during a winning streak and less during a losing streak. However, the average person does exactly the opposite: he or she bets more after a series of losses and less after a series of wins.”
― Tharp, Van, Trade Your Way to Financial Freedom