Van Tharp, Ph.D., is a professional trading coach and consultant who is a leader in his industry. It’s been his mission to train others to be the best investors or traders that they can be. His unique learning strategies and techniques that have helped to produce great traders make among the leaders in his field.
In addition to helping people to become better traders, he’s also helped in the areas of system development and the necessities of proper psychological training to be successful in training. He specifically focuses on self-sabotage as one issue that can make people less successful than they could and should be. He is founder and current president of the Van Tharp Institute, which offers educational products and services for investors and traders around the world.
His training focuses on both skills and education, and he works on consulting with and teaching investors and traders to become more successful. He first got his Ph.D. in psychology at the University of Oklahoma Health Science Center in 1975, and is a master practitioner of neurolinguistic programming, a specific behavioral therapy which teaches people to both understand and resolve “hangups” that keep them from becoming their best. He uses his background in neurolinguistic programming in the development and implementation of his trading strategy so that people can overcome specific “blockages” and fears and attain success in trading. In fact, this is what a lot of his work focuses on.
Tharp has said, “You do not trade the markets. You can only trade your beliefs about the markets.” His system involves finding out what highly successful on the market all have in common in terms of what they do. He also works upon core beliefs that can stop a successful trade even before it starts. For example, you might say yourself, “The market is a very risky place to invest.” You’d be right about that. In fact, anything you think, you are right about, because ultimately, most of your beliefs become self-fulfilling prophecies. That’s Tharp’s ultimate approach and how he works with people to change those core beliefs as necessary so that they can become successful.
He has published three popular books, including the New York Times bestseller Safe Strategies to Financial Freedom, and is also a successful trading coach. He has also studied the behaviors of other successful traders and has developed a model for successful trading and investing based upon these observations, as well as on his neurolinguistic programming background. He also developed something called The Investment Psychology Inventory Profile in order to help people better understand their weaknesses and strengths as they pertain to investing and trading. Among other publications, he has developed courses on successful trading, and publishes several newsletter, among them a free weekly newsletter, Tharp’s Thoughts.
He teaches workshops year-round and worldwide so that traders can improve their performance based upon Tharp’s strategies. In addition, he has also worked with banks and institutions, developing seminars for them based on his principles.
Although Tharp is clearly a financial expert, his biggest drive is to help people change for the better. His focus on finance is but one path to doing just that.