How to transform your trading results by transforming
yourself

In the unique arena of professional trading coaches and
consultants, Van K. Tharp is an internationally recognized expert
at helping others become the best traders they can be. In
Trading Beyond the Matrix: The Red Pill for Traders and
Investors, Tharp leads readers to dramatically improve their
trading results and financial life by looking within. He takes the
reader by the hand through the steps of self-transformation, from
incorporating "Tharp Think"--ideas drawn from his modeling
work with great traders--making changes in yourself so that
you can adopt the beliefs and attitudes necessary to win when you
stop making mistakes and avoid methods that don't work. You'll
change your level of consciousness so that you can avoiding trading
out of fear and greed and move toward higher levels such as
acceptance or joy.

* A leading trader offers unique learning strategies for turning
yourself into a great trader

* Goes beyond trading systems to help readers develop more
effective trading psychology

* Trains the reader to overcome self-sabotage that obstructs
trading success

* Presented through real transformations made by other
traders

Advocating an unconventional approach to evaluating trading
systems and beliefs, trading expert Van K. Tharp has produced a
powerful manual every trader can use to make the best trades and
optimize their success.

VAN K. THARP, PHD, is President of the Van Tharp Institute, where he uses a combination of skills and education to fine-tune his strategies to coach, consult, and teach traders and investors. Dr. Tharp is the author of five acclaimed books: Super Trader, Trade Your Way to Financial Freedom, the New York Times bestseller Safe Strategies for Financial Freedom, The Definitive Guide to Position Sizing™ Strategies, and Financial Freedom Through Electronic Day Trading. He received his PhD in psychology from the University of Oklahoma Health Science Center in 1975. He is a Master Practitioner of Neuro-Linguistic Programming (NLP), a Master Time Line Therapist, a Modeler of NLP, and an Assistant Trainer of NLP. He has used his expertise in NLP to create a number of trading and investing models for generating consistent profitability. Tharp has been featured in Forbes, Barron's, Technical Analysis of Stocks & Commodities, Investor's Business Daily, Futures and Options World, and Trader's Journal. He has given talks and workshops in over 25 different countries. His website is www.vantharp.com.

Zusammenfassung
How to transform your trading results by transforming yourself

In the unique arena of professional trading coaches and consultants, Van K. Tharp is an internationally recognized expert at helping others become the best traders they can be. In Trading Beyond the Matrix: The Red Pill for Traders and Investors, Tharp leads readers to dramatically improve their trading results and financial life by looking within. He takes the reader by the hand through the steps of self-transformation, from incorporating "Tharp Think"ideas drawn from his modeling work with great tradersmaking changes in yourself so that you can adopt the beliefs and attitudes necessary to win when you stop making mistakes and avoid methods that don't work. You'll change your level of consciousness so that you can avoiding trading out of fear and greed and move toward higher levels such as acceptance or joy.

• A leading trader offers unique learning strategies for turning yourself into a great trader
• Goes beyond trading systems to help readers develop more effective trading psychology
• Trains the reader to overcome self-sabotage that obstructs trading success
• Presented through real transformations made by other traders

Advocating an unconventional approach to evaluating trading systems and beliefs, trading expert Van K. Tharp has produced a powerful manual every trader can use to make the best trades and optimize their success.

Acknowledgments xvii

Foreword xix
Doug Bentley

Preface: Understanding Transformation xxiii
Van K. Tharp, PhD

Level I: Transformation of the Trading Game xxv

Level II: Understanding the Matrix and Reprogramming Yourself xxviii

Level III: Trading Beyond the Matrix xxx

Your Personal Application of This Material xxxi

Section I: Transformation of the Trading Game: Understanding The Basics 1
Van K. Tharp, PhD

Two Sets of Rules 1

Chapter 1: I Just Made 130 Percentand That Was Just the Beginning 7
David Witkin

Learning to Trade 9
Danger, Will Robinson, Danger! 10

Tharp Think 101 12

Not All Lessons Are Equal 16

Finally, Some Winning Marbles 20

Chapter 2: The Automation of Tharp Think 25
Laurens Bensdorp

My Journey into Doing the Trading Myself 27

Training Someone Else 32

Why This Is Possible 33

Addendum 35

Chapter 3: From Commercial Loan Officer to Financially Free Trader Investor 37
Rick Freeman

My Initial Psychological Changes 40

What I've Learned about the Trading Game 44

Understanding the Trading Game 46

So How Do You Get a Positive Expectancy System? 50

Getting a System That Works 51

Trading Psychology 52

How My Life Has Changed 54

Chapter 4: From Army Major to Systems Expert 59
Kenneth Long, DM

What I Have Learned and How I Have Changed 61

The Power of Beliefs 61

Statistics-Based Trading 64

Trading Extremes 67

Reward-to-Risk Assessments 68

R-Multiples 69

Position-Sizing Strategies TM and Bullets 70

SQN Performance to Evaluate Systems, Targets, and Markets 71

Market Classification Strategies 72

Transformations 73

Improved Systematic Performance 73

Specific Systems for Specific Market Conditions 74

Detailed Documentation and Analysis of Trades 74

Evidence-Based Management 74

Reduced Stress 75

Performance 75

Long-Term System with Monthly Rebalancing 76

Weekly Swing Trade with Once-a-Week Portfolio Adjustments 77

Pattern Swing Trade Using End-of-Day Data 78

Live Trading Workshops Results 79

Chapter 5: Using Tharp Think to Go from Full-Time Broker to Full-Time Trader 83
Martin Horsey

My New Venture 84

Going to North Carolina 85

Restarting Trading 87

Where I Am Now 90

Chapter 6: Adapting Tharp Think to Your Trading 93
Van K. Tharp, PhD

Area One: Thoroughly Understand the Principles of Successful Trading 95

Part 1: Learning to Trade Is Hard Work, But It Can Be Taught 97

Part 2: Knowing Yourself 98

Part 3: Mistakes 100

Part 4: Objectives and Position Sizing Strategies 101

Part 5: Probability and Reward-to-Risk Assessment 103

Part 6: Systems and Market Type 107

Steps to Learning Tharp Think 109

Section II: Psychological Transformations To Help You Function at a Superior Level Within the Matrix 111
Van K. Tharp, PhD

Chapter 7: Beliefs: The Basis for the Matrix 117
Van K. Tharp, PhD

Understanding the Impact of Beliefs Will Change Your Life 118

How I Create My Experience 124

You Are the Awareness of Thoughts that Flow through You 129

Belief Hierarchy 130

Changing Your Beliefs 134

Everything Has the Meaning You Give It 139

Chapter 8: A Journey through the St…