Psychology: Maintaining emotional discipline to follow a proven plan. Victor Sperandeo’s Trader Vic: Methods of a Wall

• Summarize the key concepts from Trader Vic (Victor Sperandeo)’s trading methods.
• Create an original, in-depth essay inspired by his approach (risk management, trend following, macro analysis, position sizing).
• Provide a study guide or practical exercises to apply those methods.

3. The Trend Is Your Friend… Until It Ends

• Defines a trend: higher highs & higher lows (up), lower highs & lower lows (down)
• Introduces the 2% Rule (position sizing risk management)