Trader Vic Methods Of A Wall Street Master By Victor Best

Essay: The Unifying Philosophy of Victor Sperandeo’s "Trader Vic"

Report: Trader Vic — Methods of a Wall Street Master (Victor Best)

If you own a copy of Trader Vic: Methods of a Wall Street Master , you possess a masterclass in:

1. Trend Check: Is the weekly chart in a clear trend? (If no, do not trade).
2. Setup: Is there a valid setup (like a dip in an uptrend or a 1-2-3 reversal)?
3. Risk Calculation: Where will I place my stop-loss? Does the position size ensure I lose less than 2% of my account if hit?
4. Reward Calculation: Is the target profit at least 3 times my risk?
5. Execution: Enter the trade, set the stop-loss, and let the market decide the outcome. Do not micromanage the trade based on emotion.