A Wall Street Master By Victor — Trader Vic Methods Of
In Methods of a Wall Street Master , Vic defines a bull market as any time the price is above the 200-day SMA and the 200-day SMA is sloping upward. Conversely, a bear market exists when the price is below a downward-sloping 200-day SMA.
His claim to fame rests on a remarkable performance: from 1978 to 1989, while managing money for prestigious clients (including a royal family), Sperandeo produced a compounded annual rate of return exceeding 70% net to the client. More importantly, he achieved this with limited drawdowns. He is often credited as one of the few traders who accurately predicted the 1987 crash—not just the direction, but the magnitude, allowing him to profit immensely while others were wiped out. Trader Vic Methods Of A Wall Street Master By Victor
The S&P 500 has been in a bull trend above a rising 200-day MA for 18 months. It pulls back sharply over 4 weeks, touching the 65-day MA. The pullback volume is low (healthy). In Methods of a Wall Street Master ,