STOCKS & COMMODITIES magazine. The Traders' Magazine

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  |  JUN 1989

The secret of trading success: COMMITMENT by Van K. Tharp, Ph.D.

The secret of trading success: COMMITMENT by Van K. Tharp, Ph.D. Jack had a successful business, but he wanted to be a trader. Still, he wasn't willing to give up his annual $75,000 salary until he was certain he could be successful as a trader. So, he just dabbled in the markets, waiting to find the magic secret. He tried different brokers, advisors, software programs and systems. But it was always the same result—he never made enough money. One day, Jack discovered the name of a trader who had made consistent and large profits in the markets for over 30 years. He learned this trader would teach anyone willing to learn how to trade effectively. So, Jack packed his bags and went to visit him. ""I want to be a trader,"" Jack told the old trader. ""I understand you are willing to teach people how to do what you've been doing for the past 30 years.""

by Van K. Tharp, Ph.D.

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