Trader Vic Methods Of A Wall Street Master By Victor Page

: Capture 60–80% of a long-term trend rather than trying to hit exact tops and bottoms. Superior Returns : Patiently wait for high-reward, low-risk opportunities. The 1-2-3 Trend Reversal Method

First, he marked the established downtrend—a series of lower highs and lower lows. Then, he waited. Point 1: The market broke the streak of lower lows, putting in a higher low. Point 2: The market rallied to a new high. Point 3: The market pulled back but held above the low of Point 1. Trader Vic Methods Of A Wall Street Master By Victor