Van
Tharp
(Aug. 30, 1999)
"I am attempting to
take my trading to the next level. I've been trading futures for about 18 months
and have been fairly successful. I am looking for some direction at this point
as far as money management and the psychology of trading. I've read reviews about
Van Tharp and was curious what you thought of his work. Please be very objective.
Any help would be appreciated."
J.T.
Editor-in-Chief
Courtney Smith: I believe that the psychology of trading is the most important
aspect of trading. I have not personally reviewed Tharps material so cannot comment.
I have heard good things about it though. I suggest going to our site and doing
a search using the search engine at the bottom of the home page to see what other
information we have. I also highly recommend the Mark Douglas book, The Disciplined
Trader. We gave it our Editor's Choice Award.
July
Issue of CTCR, Interviews Section: Interviews with top Gurus!
(Aug. 31, 1999)
Editor-in-Chief
Courtney Smith: Twice a year, we like to check in with our advisors to see
what they are thinking. I think that this helps give you, our valued readers,
several interesting values.
First, it helps you to get a little insight into
the advisor. How do they think? How do they approach the market?
Second,
they just might have some useful ideas. Many people like to hear new and interesting
ideas and our advisors certainly have those!
One of the interesting points
that several advisors made was that there had been structural changes in the hog
market. This means that you should probably trade it differently. (order
this issue now!)
- Dennis
Minogue - "I'm always bullish" and "I will look for higher
stock market prices"
- Russ
Wassendorf - "If we're talking about the financial markets, I think that
bland at best is the way I would describe it."
- Jake
Bernstein - "These are probably the best opportunites we've seen since
the early 1970's!"
- Mary
Pagano - "I don't think that we have seen major structural changes just
because we've gone down to twenty, twenty-five year lows, I think it's the world
economy in general."
- Jerry
Toepke - "I think the markets have a lot of inflationary excess"
- Hans
Hannula - "After September 1, I think we've got about three months of
ugly."
- Bob
Hafer - "I would expect that in general raw material commodity type prices
to grind their way higher"
- Miles
Dunbar - "I definately think that the next six months are going to bring
some opportunities in both the bonds and the S&P's."
- Stan
Tamulevich - "I think everyone should take a vacation from trading."
- Scott
Lowry - "I think the currencies are setting up very nicely"
- Colin
Alexander - "Otherwise, I'm not a roaring bull on commodity futures prices
for physical commodity prices generally"
- Bill
Gary - "I think mostly commodity markets are just going to work higher"
If
you trade, you can't afford to miss out on this exciting section of the newest
CTCR newsletter! Find out what these leaders in the industry think the outlook
for the coming six months is - and more! (order this
issue now!)
