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This is an animated video presenting my top 5 takeaways from Trade Your Way to Financial Freedom, by Van K Tharp.

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Top 5 takeaways from Trade Your Way to Financial Freedom:
0:00 Intro
01:13 1. Trading That Fits
04:00 2. The Notion of R
06:19 3. Exiting Techniques
08:58 4. Opportunity
10:30 5. Position Sizing – The Most Important Part of a System

TL;DW:
- Build a system that fits your character, knowledge and situation
- Always predefine your risk R, and express the expectancy of a system in multiples of this
- Use an exiting strategy that maximizes the expectancy of your system, but always remember that it must also fit your personality
- A system with a high expectancy per trade and a lot of opportunity can be highly profitable in the long run
- And lastly, position sizing is the most overlooked aspect of a trading system, but it can mean the difference between financial excellence and personal bankruptcy, even with an otherwise perfect system

My goal with this channel is to help you make more money and improve your personal finances. How to become a millionaire? There are many ways to get there – investing in the stock market, becoming a stock trader, doing real estate investing, or why not becoming an entrepreneur? But whether you are interested in how to invest in stocks or investing strategies for creating passive income with rental properties – I hope to be able to provide you with a solution (or at least an idea) here. Warren Buffett - the greatest investor of our time - says that you should fill your mind with competing ideas and then see what makes sense to you. This channel is about filling your mind with those ideas. And in the process – upgrading your money-making toolbox.

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