[Download] Van Tharp – The Power of Position Sizing Strategies
📚 PROOF OF PRODUCT:
1️⃣. What is The Power of Position Sizing Strategies Course:
Dive into the trading world without chasing the elusive ‘perfect’ system. This course uses the SQN (System Quality Number) score to enhance trading strategies.
It’s designed to help you understand and apply Van Tharp’s Position Sizing Strategies, a key component for any trader looking to improve their skills and achieve their trading goals.
2️⃣. What You Will Learn in this course:
- Understanding Trading Objectives: Learn how to set clear, achievable trading objectives that align with your trading style and goals.
- SQN Score Application: Discover how to calculate and apply the SQN score to evaluate the effectiveness of your trading systems.
- Position Sizing Strategies: Gain insights into various strategies that match your objectives and trading systems.
- Practical Tools and Simulation: Learn to use Microsoft Excel-based tools, including a Monte Carlo simulator, to reduce uncertainties and make informed decisions about your strategies.
3️⃣. The Power of Position Sizing Strategies Course Curriculum:
- Your Trading Objectives: We’ll guide you in defining clear and complete trading objectives, ensuring they are well-documented, fit your trading style, and drive all aspects of your trading activities.
- Evaluating Your Trading System Performance: Learn to measure your system’s performance across different market types. Understand how to select and monitor your systems based on specific criteria, ensuring they meet your expectations.
- Designing Your Position Sizing Strategies: Discover how to create effective position sizing strategies that are the critical link between your trading objectives and your trading system. These strategies are crucial in helping you meet your trading goals.
- Video training: 3.6Gb
- Document 1: READ THIS FIRST – Power of PSS Elearning Course
- Document 2: VTI Power of PSS – Pre-Course Questions
- Document 3: VTI Power of PSS – Learning Journal
- Document 4: VTI Power of PSS – ‘Reverse’ PSS Development Checklist
- Spreadsheet 5: VTI Power of PSS – SQN Sens Analysis
- Spreadsheet 6: VTI Power of PSS – Compounding Calculator
- Document 7: VTI Power of PSS – Excel Tool Instructions
- Spreadsheet 8: VTI Power of PSS – Systems Data Jan-Dec
- Spreadsheet 9: VTI Power of PSS – Tool 1 System Stats Plus
- Software 10: VTI Power of PSS – Tool 2 – Simulator + Strategy Tester
- Spreadsheet 11: VTI Power of PSS – Trading Log + Mistake Log Templates
- Document 12: VTI Power of PSS – Drawdown Regression Article, 2013
- Document 13: VTI Power of PSS – FAQs
This course is ideal for traders who want to refine their approach, understand the importance of position sizing, and use practical tools to enhance their trading decisions.
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4️⃣. About the instructior: Dr Van K. Tharp
Dr. Van K. Tharp is a distinguished figure in trading and financial coaching. Renowned for his expertise in trading psychology and transformative coaching methods, Dr. Tharp has helped countless traders and investors achieve success.
With a background in psychology and a passion for the stock market, he has developed a unique approach that emphasizes the psychological aspects of trading, believing that personal growth and understanding are key to financial success. Dr. Tharp’s teachings and strategies, particularly in system development and position sizing, are considered groundbreaking and have been instrumental in shaping the trading strategies of professionals worldwide.
5️⃣. Frequently Asked Questions about Position Sizing In Trading
Q1: What is position sizing in trading?
A: Position sizing in trading means deciding how much money to invest in a trade. It’s about managing risk by not putting too much money into one trade. If the trade goes differently than planned, you don’t lose much money.
Q2: Why is position sizing important?
A: Position sizing is crucial because it helps you manage risk. By choosing the right amount to invest, you can protect your money and stay in the trading game longer. It’s key to ensuring you don’t lose too much on a single trade.
Q3: How do I calculate position size in trading?
A: To calculate position size, first decide how much of your total trading money you will risk on one trade (1% or 2%). Then, look at the difference between your entry price and stop-loss price. Divide the amount you’re willing to risk by this difference to get your position size.
Q4: Can position sizing increase my trading profits?
A: While position sizing doesn’t directly increase profits, it helps manage losses, leading to better overall trading performance. By controlling losses, you keep more of your money to invest in future trades that might be profitable.
Q5: What’s the difference between position sizing and a stop-loss order?
A: Position sizing is about how much money you put into a trade, while a stop-loss order is a tool to sell a stock if it reaches a specific price automatically. Both are used to manage risk, but they work in different ways. Position sizing controls how much you might lose, and a stop-loss order limits the loss by selling the stock at a set price.