Trader Vic Methods Of A Wall Street Master By Victor Sperandeo.pdf High Quality Here
If the Industrials go up, but the Transports fail to follow (non-confirmation), Sperandeo considers that a warning sign of a pending reversal. He famously used this non-confirmation to identify the topping process before the 1987 crash.
At the heart of Trader Vic's approach to trading lies a set of core principles that have guided his decision-making throughout his career. These principles, outlined in his book, are designed to help traders navigate the complexities of the markets and build a sustainable edge. Some of the key principles include: If the Industrials go up, but the Transports
He famously states, "The trend is your friend... until the end." He rejects forecasting in favor of identifying and trading with the established primary trend, then getting out when the trend changes. If the Industrials go up