TharpTraderTest

Most traders have a plan for when they're losing Almost none have a plan for when they're winning If you hit your weekly minimum goal by Wednesday morning, what do you do? Press harder? Stop trading? Protect what you have? Consistency requires scenario planning — not motivation Your Trader Strategy needs to answer this question before the market forces you to answer it in real time

Van Tharp invented the R-concept. It's arguably his greatest practical contribution to trading 1R = your initial risk on one trade. Make 3× that risk = 3R. Simple What it does is profound: it removes emotional attachment to dollar amounts and keeps your mind focused on process. I've watched traders transform their execution just by switching from "I made $500" to "I made 2R" Language shapes thinking. R-language shapes trading psychology

Trading is one of the few skills where your instincts will consistently work against you Cut losses? Feels wrong — "it might come back." Let winners run? Feels greedy. Stay out of the market? Feels like missing out Van Tharp called this the core challenge: trading is counter-intuitive, which is why most people fail at it. The good news? Counter-intuitive can be learned. That's what deliberate practice is for