This is essentially a "bull trap" or "bear trap." Vic’s method teaches you to profit from the panic of those who bought the breakout, turning a failed move into a high-probability trade. 4. Risk Management: The 1% Rule
His primary tool was —specifically, the concept of primary, secondary, and minor trends. Vic’s method requires you to answer three questions before any trade: trader vic methods of a wall street master by victor best
Most traders fail because they cannot handle the pain of a loss. This is essentially a "bull trap" or "bear trap
Short the market immediately. Vic argues that when a breakout fails, the subsequent move in the opposite direction is usually fast and violent. ⚖️ The Holy Trinity: Risk, Reward, and Psychology the concept of primary
That’s the real method of a Wall Street master – not prediction, but preparation.