for intermediate traders who want a structured, trend-following system with strict risk rules. However, pair it with a modern book on position sizing and market microstructure (e.g., Trading in the Zone by Douglas, or The New Trading for a Living by Elder).
For those interested in deepening their understanding of Sperandeo's methods, the book is a must-read. It challenges conventional approaches to trading and offers a unique perspective on how to achieve success in the markets. It challenges conventional approaches to trading and offers
Never trade against the primary trend dictated by Federal Reserve policy. Key methodologies include the 1-2-3 reversal method for
Victor Sperandeo’s Trader Vic: Methods of a Wall Street Master outlines a disciplined approach to market trading based on capital preservation, consistent profitability, and high-return opportunities. Key methodologies include the 1-2-3 reversal method for trend changes, the 2B indicator for identifying false breakouts, and fundamental analysis of the business cycle, all supported by strict risk management rules. For more insights on these strategies, explore the principles in Trader Vic: Methods of a Wall Street Master. Share public link If you share with third parties
This is Sperandeo’s signature technical method for identifying the end of a trend and the birth of a new one. The Trendline Break : The price must break through a valid trendline. A Test of the High/Low
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Sperandeo’s "Tenets of Dow Theory" (as modified by him) state that a true trend cannot exist unless both the Industrials and the Transports confirm the move.