Sperandeo relies on Dow Theory and price action to determine market direction. Trader Vic-Methods of a Wall Street Master - Amazon.com
The book is conservative at its core. Sperandeo advocates for cutting losses immediately and letting profits run. He provides mathematical proof of how large drawdowns cripple compound growth, arguing that capital preservation is the primary job of a trader. Sperandeo relies on Dow Theory and price action
is a professional trader and money manager with a career spanning over 24 years. His seminal book, Methods of a Wall Street Master He provides mathematical proof of how large drawdowns
By limiting downside, a trader ensures they can stay in the game long enough to capture winning streaks. Understanding Market Breadth Understanding Market Breadth Here is the story of
Here is the story of what makes "Trader Vic" one of the few trading books that stands the test of time.
March 2020 COVID crash and subsequent recovery.