Super Trader, Expanded Edition: Make Consistent Profits in Good and Bad Markets Hardcover – November 12, 2010

Excellent book to say the least. There are no other books like it, as I have already searched. Dr.Tharp gives a very deep outline of what it means to be a trader, and shows what it takes, pulling no punches. His explanations are very clear and simple, and as in depth and critical as a book on neurosurgery. If you are serious about trading or investing do not question this, purchase this book immediately, being reading it, and take it seriously.One of the most profound insights that I have learned is, take total responsibility for your life. At first this was a very big and overwhelming concept for me, but gradually, I took it on. As I did, I found I had more and more power in my own personal life. Then I found I started to, not just have power, but have influence over the outcomes in my life. Presently, after applying this idea for several years now, I feel I do not just have power, but no matter what happens next, I know I will succeed. I feel I have a level of control in my life that emerges from within me as a source of strength. It makes no difference what the markets do. I will adapt to them changing, and I will adapt continuously. I will always find a way. I know what's constant is me. Where I am today in my journey is; I am discovering that the more open and unresisting I remain, the more I can adapt to the Universe. This gives me access to a bank-account that springs from that Universal Flow. Thus, I am an endless supply of abundance. In this case, for me, that abundance is equal to money. In other words, in plain and simple English; doesn't matter what the markets do, I'm in a state that I can always make money, and I am the source of that state. Thus I am responsible for my life, and creator of my experience of it.

In many ways I would consider "Super Trader" by Dr. Van Tharp the most valuable investing book I've read. The author focuses psychology, risk management, position sizing, and creating a business plan. The author does a sensational job of breaking all of these elements down in a way that is easy to read and understand. However, this should not be confused with the idea that trading is made easy. On the contrary, trading requires a LOT of work, self reflection, and discipline, more so than I realized prior. Often it's hard to even figure out the right questions to ask. "Super Trader" provides that and much much more!I feel that "Super Trader" is a book not just to be casually read, but to be studied carefully as if it were a text book. There are many lessons and exercises throughout the book and they are all well worth the readers time and effort to complete! I feel that the concepts discussed in this book can be applicable to any style of trading, CAN SLIM or otherwise. In my opinion it's a must read and has truly reshaped my thinking, my approach to risk management and position sizing, and developing a plan that truly fits my personal needs and goals.

Dr. Tharp asks tough questions about your psychology and your system. The questions are introduced in this book but the answers will take a lot more work that is outside the scope of this book. That said, if you consider yourself a trader, this is one book that you should read as part of your trader education. If you consider yourself a fundamental investor, this book gives you some insight the the world of trading and forces you to think of your fundamental rules (value, growth, entries, exits and position size) that you use or might need to codify in more detail. Even if you are a die hard buy and hold investor, that is also a system.

This book can take your trading to next level. It talks about the most important part of the trading that is risk management and approaching the trading as well planned business rather than a side gig which I unfortunately did and got burnt. I wish I would read and implemented this book earlier in my career. I know its really hard to implement the leanings .If you are looking for a book for how to trade and learn charts patterns then it is not the book then it is not the book, then you should approach other technical books.

What a great book. I bought after reading Trade your way to financial freedom”. This book is just as good, and might be better in the sense it lays out a lot of ideas for you to consider. This should be a first book for traders. Additionally, so many of the lessons are based in self psychology this book can be beneficial in many fiends including parenting, professional career and business organization.Thanks

I am a psychologist who also trades. I thought I had an inside "edge" knowing about how emotions work. But understanding them vs. experiencing them are two completely different things!!! Tharp's book helped me understand the importance of having a trading system, and how that system really needs to be a reflection of my style. You'll always see advertisements for different trading systems, but they're not individualized - only you can do that. Also, understanding all the underlying principles of different systems gives me a better overall grasp on how to add some structure to a very random market. I would also recommend Tharp's "Trading Your Way to Financial Freedom" which looks more deeply at your personal profile as it relates to investing.

I love this book. It forces you to look at yourself 1st and foremost then this book shows you how important position sizing is. Learning what your R multiple is will be vital to becoming a succesful trader. This is a must have book. This book will get multiple reads for sure

This is my first Mr.Van Tharp's book. I picked this book because I thought the latest book contains his latest ideas.After I finished this book, I've found that this author knows a lot about the answers I am looking for but he chooses not to write here. To me, this book looks like a promotional handout to his prospective class attendee. If you want to learn something from his theory that you already know(such as famous Position Sizing), I would recommend you to look for his other books.