You do not enter until condition 3 is confirmed. Vic hates trying to catch a falling knife. He waits for the market to prove weakness.
In the pantheon of financial literature, few books carry the weight and gritty realism of . While many trading books are written by theorists or journalists, this book is penned by a man who spent decades in the trenches. Victor Sperandeo, known simply as "Trader Vic" on the trading floors, is a legend in the derivatives and futures markets. His book is not a "get rich quick" scheme; it is a comprehensive manual on how to think, act, and survive in the merciless arena of Wall Street. Trader Vic Methods Of A Wall Street Master By Victor
: Only take larger risks when you are playing with the market's money (profits), not your base capital. Amazon.com Key Technical Strategy: The 2B Pattern You do not enter until condition 3 is confirmed
He views a loss as a business expense. If you don't pay your "expenses" (cut your losses), your business will go bankrupt. The Macro View: The Role of the Federal Reserve In the pantheon of financial literature, few books
His 1991 classic, Trader Vic: Methods of a Wall Street Master , is not just a book about trading. It is a philosophical treatise, a historical document, and a technical roadmap rolled into one. While many books promise the secret to riches, Sperandeo’s work delivers something rarer: a logical, repeatable methodology based on probability, economic reality, and the unshakeable discipline of a professional.