This is Sperandeo's signature technical framework for identifying a definitive change in market direction. A reversal is confirmed only when all three conditions are met: Step 1: Trendline Break : The price breaks through a correctly drawn trendline. Step 2: Failure to Make New Extremes
Sperandeo strictly adheres to the principle that you should Trader Vic Methods Of A Wall Street Master By Victor
This is a low-risk entry technique to catch the start of a new trend. : Your first and most important rule; without
: Your first and most important rule; without capital, you cannot play the game. Consistent Profitability the psychology of fear/greed
The endure precisely because they deal with human nature, not technology. Computers may change the speed of the market, but they do not change the structure of support/resistance, the psychology of fear/greed, or the mathematical necessity of risk management.