Trader Vic Methods Of A Wall Street Master By Victor Sperandeopdf (Top-Rated)

Victor Sperandeo , famously known as "Trader Vic," is a legendary speculator who made a 300% return in a single day by shorting the Dow on "Black Monday" in 1987 . His book, Trader Vic: Methods of a Wall Street Master

The 2B Pattern:

Also known as the "spring" or "fakeout," this pattern occurs when a market makes a new high (or low) but immediately fails and reverses, signaling a powerful counter-move.

Based on its insights, practical advice, and enduring relevance, I would rate "Trader Vic - Methods of a Wall Street Master" 4.5 out of 5 stars.

• Step 1: Dow Theory says primary trend is bullish (averages confirmed new highs).
• Step 2: 1-2-3 pattern appears on daily chart after a 5% pullback.
• Step 3: Entry on break of the reaction high (point 3 of pattern).
• Step 4: Stop loss placed under the recent swing low – risk exactly 1% of capital.
• Step 5: Initial target = previous high, then trailing stop on a 2B failure.

The PDF is strictly technical, strict in risk management, and strict in psychology.