Maintaining the emotional discipline to follow a proven system without deviation. 📈 The 1-2-3 Reversal Pattern
Understanding the broad economic forces and government policies that drive long-term trends.
Price attempts to return to its previous high (in an uptrend) or low (in a downtrend) but fails. trader vic methods of a wall street master by victor best
If the price closes back below the previous peak, it signals a reversal.
Price must break through a significant trendline. Maintaining the emotional discipline to follow a proven
Rising rates are the ultimate "gravity" for stock prices.
One of the most famous contributions of the book is the . This technical tool helps traders identify when a trend is actually changing rather than just pausing. trader vic methods of a wall street master by victor best
Most traders fail because they cannot handle the pain of a loss.