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Learn
five systems specifically created to make money in bear markets.
Study the systems’ logic, observe them traded live, and
then practice trading these systems in class with a historical data
simulator.
Dear
Trader,
When
the markets start falling off, do you step back? Does the volatility
associated with bear markets scare you?
Do your trading systems let you down or even surrender hard
earned equity in a declining market?
If
you answered yes to any one of those questions, you are far from
alone. And, if you are
not well-prepared to trade declining markets, you are very prudent
to pull back from the markets. Better
to leave the markets temporarily and wait for more profitable
conditions for your systems and your style trading.
What
if these kinds of markets conditions offered you opportunities for
significant profits? What if you had trading systems custom made to
perform well in falling and volatile markets?
What would it be worth to you to understand bear markets
better and to know how to trade them profitably?
The
Van Tharp Institute designed this workshop and these particular
systems for our clients who want to take advantage of declining
markets—a condition that I expect to continue through the coming
years during what I believe is a secular bear market.
What
You Will Learn
Day
One: Bear Market Essentials
Day
One is devoted to understanding the nature of a bear market and
developing the required mental strategies to profit when the markets
fall. You’ll study
ways to define a bear market and how to identify the signals that a
bear market may be starting. You’ll also study in depth the
concept of shorting and a valuable mindset to help you short
effortlessly. There will be an extensive review of trading system
development with a special focus on its application in bear markets.
The day ends with the presentation of a simple long-term trading
system that is long, flat, or short depending on measured market
conditions. It beats the pants off buy and hold, and you can trade
it in only a few minutes a month.
Day
Two: Bear Market Systems
On
the second day, you’ll get serious about learning great systems
for bear markets. Some systems position holding periods may be as
short as a few minutes, others may be as long as a few months.
Your instructor, Robert Tharp, presents the logic and beliefs
behind why each system works. Each
system profits in different ways from the other systems.
This helps provide a varied set of beliefs to apply in the
market and also prevents the systems from taking highly correlated
positions. Also, for each system, Robert goes into great detail on
the individual trading system components: setups, entries, initial
risk stops, profit taking exits, and position sizing.
There are a multitude and diversity of system components that
Robert will explain. Each
set fits together into a strong system. Robert also presents the
back tested and live tested results for each system.
Day
Three: Live and
Simulated Trading
The
third day is all about application. Robert will demonstrate one or
more of the systems (depending on setup availability) by trading
real money live. Seeing systems traded live is perhaps one of the
most valuable sessions in this workshop. With live trading, you can
watch how the setups, entries, initial stops, and exits work
together—all in the pace of real time.
Almost as valuable as the live trading is the trading
you’ll be doing on a trade simulator. This gives you practice
applying the systems you learned about in Day Two with the help of
an instructor looking over your shoulder and answering your
questions.
Characteristics
of the Five Bear Market Trading Systems
System 1
•
Intraday to short swing system.
•
Self-regulating—setups disappear when the market turns.
•
About 80% winning trades with numerous small gains.
•
The low cost on-line screener recommended is simple to set up
and emails you the new trades setups nightly.
•
A similar black box system is sold for more than $7,500.
• Works
well in bear markets and bull markets.
System 2
•
Works in volatile bear markets (also works in volatile
sideways and volatile bull markets).
•
Intraday to swing duration.
• Based
on a thoroughly researched method with several improvements.
System 3
•
Longer term system.
•
Fundamental/value-orientation for the system with some
technical support.
•
Specifically for bear market lows and bottoms (but you
don’t have to pick the bottom).
•
Easy to achieve consistent double digit R-Multiple returns.
• Derived
from the methods of one of the richest traders around.
System 4
•
Intraday—no overnight risk.
•
A trader friend of Robert’s started with a small account
and made about $2 million with this system last year.
•
High frequency of opportunities.
• Works
well in bear markets (and others as well).
System 5
• Variable time horizon—has proven to work for intraday,
swing, and long term traders.
•
Works well in bear markets and, depending on its application,
in other types too.
•
Small risk with high probability trades when the market
produces the signals.
• Risk/reward
ratios between 3-1 and 10-1 when applied long term.
Introducing
Your Instructor, Robert Tharp
Robert
has been trading since 1995. He
got his start as a runner at the CBOT in the Bond Options Pit.
He soon expanded his learning to the 30 Year T-Bond Pit.
He was learning to trade futures and in one memorable
stretch, was able to catch a huge trend in cattle due to his insight
and a mad cow disease scare.
After
his floor experience, he started to trade stocks long term from
home. For nearly five
years, he doubled his money every year.
Never though, had he seen a bear market.
All of his systems were long, so you can guess what happened
to him in 2000. Even
though his systems basically stopped working, he survived because he
thoroughly understood position sizing and risk control.
He
knew enough to persevere, but he couldn’t generate a steady
profit. Robert now
understands that he had an important lesson to learn at that point
in his trading career: markets change.
More importantly, traders need to adapt to changing markets
to trade profitably. He
came to understand that certain systems will work fantastically at
one point in a market cycle and fail miserably at another point.
The key is to have systems ready for the different parts of
the cycle.
Robert
started studying market cycles and searching for systems that might
work in the new environment. In
his search Robert sought and found day traders who, surprisingly,
were doing well. He
learned how they looked at this new and different kind of market,
what kind of opportunities that they saw, and how they were taking
advantage of the downdrafts.
As he learned, he started trading in new ways and making
consistent money again.
Robert
found success with two strategies he hadn’t used before: going
short and using short-term systems.
These strategies eventually evolved into full systems that he
still trades today—in the right kind of market conditions.
Since
2000, Robert has developed and traded systems with diverse
approaches and time horizons. As
a result of many personal friendships and extensive professional
relationships, Robert personally knows and communicates with a large
network of successful traders. In
the process of managing three trading offices over the years, he has
learned how to effectively teach trading methods so his students can
succeed.
Robert
has a deep understanding of the Van Tharp Institute’s core
principles. He has over
a decade of experience developing and trading systems.
He has also taught core trading principles and trading
systems to a large number of traders.
On the basis of his deep experience, vast knowledge, and
valuable market insights, he’s uniquely suited to teach systems
that profit most in bear markets.
Benefits
of Attending the Workshop
• You
will recognize bear markets and the need for unique strategies
required to trade them so you can know when and how to change your
strategies in a timely manner.
• You
can grasp the importance of Van Tharp’s principles on trading
psychology, systems, and position sizing before you start trading,
which will allow you to trade over the long term.
• You
will comprehend the key concepts of shorting and be able to apply it
easily in down markets.
• You
will discover five trading systems that will equip you with multiple
ways to succeed in bear markets. These five systems have the
following benefits:
-
previous
back testing and live testing in the markets
-
a
fully analyzed track record
-
high
probability setups
-
low
risk position sizes
-
exits
with large gains or small losses
-
extensive
written system plans
-
prior
live trading by the person teaching them to you
• You
will understand how to always apply risk-to-reward ratio to only
take trades that have the most potential for making you money
• You
will know why proper position sizing is more important to trading
success than having high R-Multiple trading systems. This will help
you focus your efforts on producing more profit rather than tweaking
your trading systems.
• You
will learn from Robert Tharp, a 14-year professional trading veteran
who will help you glean additional insights from his rich and broad
trading experience—advice not found in books or articles.
• You
will observe the real time execution of one or more of the trading
systems presented and witness the systems working.
• You
will practice multiple bear market system trades in various
scenarios with the assistance of the instructor using a trading
simulator. You can begin
to develop the confidence to recognize quickly the setups, entries,
and exits for the trades before you put your money on the line.
• You
will live through multiple adverse “once in a few lifetimes”
trading simulations so that you can practice events that are never
“supposed” to happen. Without real money at risk, you can think
through and learn how to react and maybe even how to profit from an
event that could easily wipe you out.
• You
will meet some like-minded traders with whom you can strategize and
connect. This is a great opportunity to continue your learning and
networking long after the workshop.
We
have never before presented a trading systems workshop designed for
one specific kind of market. Then again, we’ve never had
conditions like we have now. This is a unique course with
one-of-a-kind systems for a market type many people simply don’t
trade. For that very
reason, it offers great opportunity.
I
hope you'll join us for this exciting new workshop in 2010. — Van K. Tharp
Here's
what other attendees said about the workshop:
"I
got far more ideas, strategies and information than I had expected.
The material presented was excellent." —P. Bayley
"I
only expected to learn systems, but learned a lot more." —M.
Finlay
"Fantastic
course. I got far more than I was expecting! I'm buzzing." —I.
Jones
"The
only place you get 'Tharp Think' delivered by real world
traders." —P. Foskett
"A
valuable course that I thought was presented in an informative way.
I liked the fact that it was interactive." —L McIntosh
"Very
interactive, excellent content." —M. Tan
Click here to
Register
Now or Click
Here to check dates and locations.
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