Trader Vic Methods Of A Wall Street Master By Victor Best [upd] -

Victor Sperandeo , famously known as "Trader Vic," is a Wall Street legend who recorded an incredible streak of 18 consecutive winning years (1971–1988) with an average annual return of over 70%. His seminal book, Methods of a Wall Street Master

Preservation of Capital: The primary goal is to protect your account from significant damage. trader vic methods of a wall street master by victor best

Trend Classification: Sperandeo divides market movements into three distinct timeframes: Short-term: Days to weeks. Intermediate-term: Weeks to months. Long-term: Months to years. Victor Sperandeo , famously known as "Trader Vic,"

The Play: Short the market immediately. Vic argues that when a breakout fails, the subsequent move in the opposite direction is usually fast and violent. ⚖️ The Holy Trinity: Risk, Reward, and Psychology famously known as "Trader Vic