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This excerpt from Van Tharp's Super Trader focuses on building a successful, consistent trading business. It emphasizes the crucial role of personal development and psychology in trading, alongside the importance of developing a robust business plan and trading strategies adaptable to various market conditions. The text explores position sizing as a key factor for managing risk and achieving objectives, and provides tools and exercises for self-improvement and emotional regulation to enhance trading performance. Finally, it offers advice on designing trading systems that align with individual beliefs and risk tolerance.
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This excerpt from Van Tharp's Super Trader focuses on building a successful, consistent trading business. It emphasizes the crucial role of personal development and psychology in trading, alongside the importance of developing a robust business plan and trading strategies adaptable to various market conditions. The text explores position sizing as a key factor for managing risk and achieving objectives, and provides tools and exercises for self-improvement and emotional regulation to enhance trading performance. Finally, it offers advice on designing trading systems that align with individual beliefs and risk tolerance.