It does however, give an individual a good foundation on how to trade. Tharp emphasizes the need to come up with a system that fits you. The only way to trade is to understand who you are as an investor and develop a system that reflects how you view the market and your risk tolerance. He provides facts and figures about how the best way to assess a system and understand the risk that you will be taking on.
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Another important concept is the idea of risk assessment. Having set values for when you will get in and out of a stock will minimize your chance of losing a large amount of money on a loser and keep you from losing your profits on a winner.
This book is worth the read if you do not understand how to trade stocks and want to have a good understanding on what it takes to develop a strategy that you are comfortable with. For me, I was able to take away from this book a solid sense of how I needed to develop myself and understand how I want to manage my trades going forward.