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The
Super Trader Program
Frequently Asked Questions
Do
you have any guarantees in the Super Trader Program?
Every
one of our individual courses and programs have guarantees.
If you need guarantees, buy the individual products and try
them out. If you
don’t like them, we offer great guarantees.
Also practically every workshop allows you to attend until
noon the second day and get a full refund if you are not satisfied.
If you need guarantees, then sample a few workshops.
We only want you to join this program when you fully
understand the quality of all of our programs and your own
commitment to becoming the best.
Once you do that and understand your own commitment to
excellence, then you won’t need a guarantee because the Super
Trader program is for serious and dedicated traders only!
But
say something happens and I cannot complete the program?
We
don’t offer a guarantee in the Super Trader program.
However, we’ve had people who have taken a sabbatical from
the program before. One
because a baby was born. Another
because of personal concerns.
In each case, they just stopped making their semi-annual
payments with the intention of resuming it at a later date and just
continuing their payment.
What if I’ve
already purchased some of your courses and have done some of your
workshops?
Since
you’ll be paying about 30% of the cost of everything once you are
in the program, we’ll give you a credit of 50% on whatever
you’ve already paid the
Van Tharp
Institute. Let’s say
you’ve already done three or four workshops with us and you’ve
paid us a total of $10,000 for those workshop and products.
We’ll give you a credit of $5,000 toward your initial
deposit for the program.
What if I
don’t take some of the workshops or use all of the consulting
I’m entitled to?
A
key to the success of this program is your commitment.
When you develop your business plan, we’ll show you how to
develop commitment and a rock-solid discipline to go along with it.
However, if you are not committed to being the best at the
start of this program, then it is not for you.
One
of the pre-requisites for the program is Dr. Tharp’s approval.
What is he looking for when he reviews my application?
Dr.
Tharp believes that the psychological component is the absolute key
to success. What he’s
looking for is your level of commitment, your level of discipline,
and your willingness to do the psychological work that will ensure
success in this program.
Can
I get a mentor in this program?
What
you’ll find as you take many of the
Van Tharp
Institute workshops is the opportunity to link up with a number of
great traders in the workshops.
Our experience is that there are many opportunities to
develop great friendships and even partnerships through this
process. Many of
you can turn those experiences into the opportunity to have a
mentor, to be a mentor (you learn much more this way), or to even
become part of a great trading team.
In addition, Dr. Tharp is your mentor throughout the whole
program.
In
the Old Super Trader Program, Dr. Tharp used to put his money with
the graduates of the program. Does
he still do that? Or
will he recommend his graduates to others who might want to place
money with them.
No,
Dr. Tharp is now trading his own funds and his company retirement
funds. He does not plan
to place money with others.
The old program was an immense success in terms of what our
traders accomplished, because our traders did very well.
However, Dr. Tharp made one huge mistake.
He placed money with one of his graduates and featured him as
a key graduate. That graduate turned out to be a con artist, running
a Ponzi scheme and reporting false profits to everyone. That whole
episode cost Dr. Tharp nearly a million dollars.
He was devastated after that and didn’t want to continue
doing such programs.
However,
it’s been many years since that happened, and we’ve learned our
lessons. We’re
an educational company and we’ll never again recommend traders for
others to invest in.
Does
that mean that if I complete the program I won’t be able to trade
other people’s money.
If
you want to go in the direction, Dr. Tharp will show you how to
develop a hedge fund or become a CTA.
If you are making 20% or more each year on a $200,000 or
bigger account, then your track record will speak for itself.
In addition, you’ll want to be very selective about taking
other people’s money. If
you take money from people who are not psychologically prepared to
make money, it could affect your trading.
But
what if I don’t have $200,000 to invest?
This
program makes a lot of sense if you have the money to trade. However, if you only have $50,000 to $100,000, then it
doesn’t make sense to spend $45,000 in tuition for this
program. Instead, take
the home study courses and workshops designed to help you increase
your trading profits.
We offer plenty of help in that direction without you taking
the Super Trader Program.
However,
if you have over $200,000 to trade, then this program makes a lot of
sense. You could easily
save the cost of the program by avoiding a few large losses.
Furthermore, you’ll probably make the total cost in the
program up in a few years. The
first person to ever enter the Super Trader program, made up for the
cost of it by making $50,000 in the first two months of the program.
What if I live overseas?
Does this program make any sense?
It’ll involve a lot of travel and extra cost.
We’ve
had four people from England and two from Switzerland in the old
program. They felt that
the program was worth it. Also,
where else can you get this type of intensive training? If you are
serious about trading as a career, then it should be worth your
while to participate.
Our
current program has 4 international members with three of them
living in Europe.
I’d
love to teach this material. Is
there a possibility of doing that?
Yes,
if you complete the program, we will give you every opportunity to
teach and assist in some of the courses.
Teaching what you’ve learned is a great way of making the
knowledge become a part of you.
D.R. Barton, who now gives workshops through the
Van Tharp
Institute, learned a lot of his knowledge through working with us.
He went through all of our workshops plus consulting with me
and he now trades his own accounts, writes several weekly
newsletters on trading and is the risk manager for a hedge fund.
There will be many opportunities if you are willing to make
them and be committed.
If this sounds like what you need and you are truly committed to
being a great trader, then call us at the Van Tharp
Institute at
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