: Focus on capturing 60–80% of long-term trends rather than picking exact tops or bottoms. Pursuit of Superior Returns
The price rallies and breaks above the peak created during the initial trendline breakout. Once this resistance level is breached, a new trend is officially confirmed. 3. The 2B Indicator: Trading the Fakeout : Focus on capturing 60–80% of long-term trends
Look for a well-defined previous high or low. Consistent profitability (steady, repeatable gains)
Vic ranks his trading objectives in a strict hierarchy: Preservation of capital (never take existential risks). Consistent profitability (steady, repeatable gains). Consistent profitability (steady
Sperandeo’s longevity on Wall Street stems directly from his mathematical approach to risk. He views trading through the lens of an odds maker or an insurance underwriter. The 1:3 Risk-to-Reward Ratio
A market makes a new high (in an uptrend) or a new low (in a downtrend) and then pulls back.
: A "trap" pattern where the market makes a new high (or low) but immediately reverses and closes back inside the previous range. Buy Signal