Trader Vic: Methods of a Wall Street Master " by Victor Sperandeo is a foundational text in trading literature, combining technical analysis with economic theory and market psychology
Understanding Market Psychology: He emphasizes the importance of grasping the psychological aspects of trading, including fear, greed, and the emotional rollercoaster that traders often experience. Trader Vic: Methods of a Wall Street Master
In the pantheon of great trading literature, few books stand as tall as Methods of a Wall Street Master by Victor Sperandeo, affectionately known as "Trader Vic." While many trading books fade into obscurity as market dynamics change, Sperandeo’s masterpiece has remained a cornerstone for professional traders for over three decades. 1987 (the Friday before Black Monday)
On October 16, 1987 (the Friday before Black Monday), Sperandeo went short the S&P 500 futures. He reportedly covered his entire position on Monday morning at the exact low, turning a 200-point drop into a personal windfall. Trader Vic: Methods of a Wall Street Master
Book Overview: The book, "Trader Vic: Methods of a Wall Street Master," provides an in-depth look at Sperandeo's approach to trading and investing. The author shares his experiences, successes, and failures, offering readers valuable insights into the world of trading.
He didn't use a computer. He used a ruler and a newspaper.
Purchase Official E-Book: The Kindle edition and updated e-book versions are available through Amazon and Wiley.