New Posts For Thread: Best book to Learn about trading..help plsehttps://community.betfair.com/tradefair__financials/go/thread/view/94198/23729126/best-book-to-learn-about-tradinghelp-plse- So i just left Uni with a degree in Mathematics and want to get a job in trading.- I aint got any experience just 2 modules where we looked at derivatives, option pricing, black scholes equation.Question.Can anyone suggest a good book to learn abouheres why van tharps positive expectancy is nothing more than academic.say you have a system that has 60% wins 40% lossesDo 100 trades of say 1000 shares each trade @ 30$ a share=30,000$Now commission alone for closed trades is approx 70$ a trade= 7https://community.betfair.com/tradefair__financials/go/thread/view/94198/23729126/best-book-to-learn-about-tradinghelp-plse?post_id=426042798#426042798heres why van tharps positive expectancy is nothing more than academic.say you have a system that has 60% wins 40% lossesDo 100 trades of say 1000 shares each trade @ 30$ a share=30,000$Now commission alone for closed trades is approx 70$ a trade= 7Wed, 17 Mar 2010 06:57:52 -0500gilbzy 17 Mar 21:43 Van tharp even argues for random entry being profitable with correct money management.ahhahaha now that is a total crock.why poor gilbzy, if you don't know why do yourself a favour and keep yur money in your pocket.https://community.betfair.com/tradefair__financials/go/thread/view/94198/23729126/best-book-to-learn-about-tradinghelp-plse?post_id=426042794#426042794gilbzy 17 Mar 21:43 Van tharp even argues for random entry being profitable with correct money management.ahhahaha now that is a total crock.why poor gilbzy, if you don't know why do yourself a favour and keep yur money in your pocket.Wed, 17 Mar 2010 06:16:55 -0500Van tharp even argues for random entry being profitable with correct money management.ahhahaha now that is a total crock.why ?https://community.betfair.com/tradefair__financials/go/thread/view/94198/23729126/best-book-to-learn-about-tradinghelp-plse?post_id=426042790#426042790Van tharp even argues for random entry being profitable with correct money management.ahhahaha now that is a total crock.why ?Wed, 17 Mar 2010 04:43:48 -0500Black Swan by Nicholas Talib (as previously mentioned) is worth it, although its a bit heavy at times, but does give a great perspective of turkeys feelings in the middle of November.Also try:A Beginner's Guide to Day Trading Online by Toni Turner Prhttps://community.betfair.com/tradefair__financials/go/thread/view/94198/23729126/best-book-to-learn-about-tradinghelp-plse?post_id=426042786#426042786Black Swan by Nicholas Talib (as previously mentioned) is worth it, although its a bit heavy at times, but does give a great perspective of turkeys feelings in the middle of November.Also try:A Beginner's Guide to Day Trading Online by Toni Turner PrWed, 17 Mar 2010 04:12:52 -0500game trader- your right, no one can argue with the theory win 10 lose 9 result win 1.Thats not the issue.Van tharp does nothing to deal with trades that go positive but fail to make expectancy and then go into negative.Letting profits run is the mosthttps://community.betfair.com/tradefair__financials/go/thread/view/94198/23729126/best-book-to-learn-about-tradinghelp-plse?post_id=426042782#426042782game trader- your right, no one can argue with the theory win 10 lose 9 result win 1.Thats not the issue.Van tharp does nothing to deal with trades that go positive but fail to make expectancy and then go into negative.Letting profits run is the mostTue, 16 Mar 2010 20:33:47 -0500there is no "van tharp trade" .. and this concept isnt something he has developed .. he is just trying to sell it as a course and make some money out of it .. but the concept is simple and has been used by traders for decades - cut your losses and lehttps://community.betfair.com/tradefair__financials/go/thread/view/94198/23729126/best-book-to-learn-about-tradinghelp-plse?post_id=426042778#426042778there is no "van tharp trade" .. and this concept isnt something he has developed .. he is just trying to sell it as a course and make some money out of it .. but the concept is simple and has been used by traders for decades - cut your losses and leTue, 16 Mar 2010 15:56:13 -0500The Black Swanhttps://community.betfair.com/tradefair__financials/go/thread/view/94198/23729126/best-book-to-learn-about-tradinghelp-plse?post_id=426042762#426042762The Black SwanTue, 16 Mar 2010 02:14:34 -0500The Black Swanhttps://community.betfair.com/tradefair__financials/go/thread/view/94198/23729126/best-book-to-learn-about-tradinghelp-plse?post_id=426042758#426042758The Black SwanTue, 16 Mar 2010 02:13:55 -0500right game trader, great theory. Next time you have a van tharp trade could you please post it prior?It would be interesting to see how you manage the trade according to van tharp.Im giving 2/1 you wont register a trade on the forum and evens you lohttps://community.betfair.com/tradefair__financials/go/thread/view/94198/23729126/best-book-to-learn-about-tradinghelp-plse?post_id=426042754#426042754right game trader, great theory. Next time you have a van tharp trade could you please post it prior?It would be interesting to see how you manage the trade according to van tharp.Im giving 2/1 you wont register a trade on the forum and evens you loMon, 15 Mar 2010 22:41:26 -0500bio diesel... van tharp isnt really rubbish if you understand what he is trying to say... in the end he is talking about probability...i fyou have a strategy that wins most of the time .. it is more than likely that you will lose more when you lose..https://community.betfair.com/tradefair__financials/go/thread/view/94198/23729126/best-book-to-learn-about-tradinghelp-plse?post_id=426042746#426042746bio diesel... van tharp isnt really rubbish if you understand what he is trying to say... in the end he is talking about probability...i fyou have a strategy that wins most of the time .. it is more than likely that you will lose more when you lose..Mon, 15 Mar 2010 17:27:32 -0500