This is the primary concern. Never risk capital without calculating potential loss first.
Have you read Trader Vic? What is your favorite rule for managing risk? Let us know in the comments below. Trader Vic Methods Of A Wall Street Master By Victor
, is a comprehensive guide to investment strategies that integrates technical analysis, economic theory, and market psychology. Known as "Trader Vic," Sperandeo emphasizes a "business philosophy" for trading based on three primary goals: preservation of capital consistent profitability pursuing superior returns Amazon.com Core Trading Strategies Trader Vic-Methods of a Wall Street Master - Amazon.com This is the primary concern
Sperandeo is a trend follower at heart. He breaks down market movements into a logical "Life Cycle," typically consisting of three phases: What is your favorite rule for managing risk
In his seminal book, Trader Vic: Methods of a Wall Street Master