The line pass through price action between these two points. Extend the line to the right of the current price. 🔄 The 1-2-3 Trend Reversal Rule
The price tests the previous high/low (failing to make a new one). trader vic methods of a wall street master by victor best
Never risk more than 1-3% of your capital on a single trade. Preservation of capital is the first goal; profit is the second. The line pass through price action between these two points
If the price closes back below the previous high, it indicates a "bull trap." Never risk more than 1-3% of your capital on a single trade
Methods of a Wall Street Master is not a book you read once and shelve. It is a manual you re-read every six months. Victor Sperandeo proved that you do not need a PhD in mathematics to beat the market. You need a clear philosophy (Dow Theory), a set of rules (1-2-3 & 2B), rigid risk management (the 3% solution), and the emotional control of a stoic.