| Concept | Description | |--------|-------------| | Trend Analysis | Uses Dow Theory principles (primary, secondary, minor trends) with specific price confirmation rules. | | The 2% Rule | Never risk more than 2% of your trading capital on any single trade. | | The 6% Rule | Total risk across all open positions should not exceed 6% of capital. | | Reversal Patterns | Emphasizes 1-2-3 tops/bottoms and “non-failure swings” (later refined as his A, B, C setups). | | Sperandeo’s 5-Step Trading Method | 1) Identify trend, 2) Wait for pullback, 3) Identify reversal pattern, 4) Enter with stop, 5) Manage exit. |
Sperandeo emphasizes that markets move to frustrate the majority. He references the Consensus Inc. index, noting that when 80% or more of analysts are bullish, the market is dangerous to the long side, and vice versa. | Concept | Description | |--------|-------------| | Trend
Let’s summarize the key techniques from Trader Vic: Methods of a Wall Street Master. Understanding these is mandatory before you ask whether a PDF is “better.” Sperandeo emphasizes that markets move to frustrate the
iHackedGames.com