Absolutely. You won't find a chapter on algorithmic high-frequency trading in Methods of a Wall Street Master . Instead, you will find something more valuable:
In an industry flooded with gurus who made fortunes only to lose them the next quarter, Victor Sperandeo stands apart. Known as "Trader Vic," he achieved something rare: a compounded annual return of over 70% for nearly a decade. But he wasn’t a quant with a supercomputer or an Ivy League economist. He was a self-taught tape reader who learned the hard way—by losing it all early, then rebuilding his craft brick by brick. Trader Vic Methods Of A Wall Street Master By Victor
Trading is not about being right. It is about making money when you are right and losing very little when you are wrong. Master the method, master your risk, and you survive long enough to thrive. Have you read Methods of a Wall Street Master ? What is your go-to rule for managing risk? Let me know in the comments below. Absolutely
Sperandeo is brutally honest about the psychology of trading. He dedicates significant space to the difference between analysis and trading . You can be a brilliant economist and a terrible trader. Known as "Trader Vic," he achieved something rare:
Beyond the Headlines: What Trader Vic’s Methods of a Wall Street Master Still Teaches Us Today
Here are the three pillars of the Trader Vic methodology that every modern trader needs to understand.