By Victor - Trader Vic Methods Of A Wall Street Master
Stop loss: Always just outside the failed extreme (the false breakout point). This offers a high reward-to-risk ratio (often 3:1 or more).
Most novices ask, "How much money can I make?" Trader Vic asks, "How much money can I lose?" Trader Vic Methods Of A Wall Street Master By Victor
Victor Sperandeo writes that he knows many traders who have a higher IQ than he does. He knows traders who can quote Elliot Wave theory until they are blue in the face. Yet, they lose money. Stop loss: Always just outside the failed extreme
Why? Because they lack methodical discipline. Most novices ask, "How much money can I make
The "Methods of a Wall Street Master" is not a secret indicator. It is a behavioral framework. It forces the trader to:
