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TRADER VIC - METHODS OF A WALL STREET MASTER
by Victor Sperandeo with T. Sullivan Brown
C 484 290 pp.,
Consensus Regular $32.50
Barnes And Noble $22.75
This book integrates knowledge of the markets, technical analysis, odds
and probability, fundamental analysis, economics, politics, and human psychology
into a unified and effective methodology. By showing you how to reduce
all of these elements to fundamental principles that can be applied in
a direct, straight-forward manner, Sperandeo gives you a simple and manageable
market approach.
From Library Journal:
By definition, investors' horizons are long-term (years) and traders' are short-term. This book is
aimed at the latter, obviously limiting the scope of its applicability. Noted investment manager
Sperandeo explains how he traces stocks and commodities using trends, Dow Theory,
Fed-watching, stop-losses, charts, and the panoply of technical analysis combined with his own
wrinkles. His chief antagonists are program traders (who move billions likewise in the short-term)
and the whims of the market. In the second half, Sperandeo explores the psychology of trading and
the use and importance of emotional discipline. He also stresses personal success, not just financial,
and presents a solid condensed explanation of real economics, scathingly destroying the
wishful-thinking economics of academics and politicians. First half fascinating + second half
instructive = a buy for business collections.-- Alex Wenner, Indiana Univ. Libs., Bloomington
-Library Journal
From The Publisher:
Victor Sperandeo, dubbed ``Trader Vic'' by the press, has been a successful money manager and
professional trader for 22 years. Based on 3 principles--capital preservation, consistent profits and
pursuit of superior returns--``Trader Vic'' highlights proven strategies usable by any investor. Along
with exploring the interrelationships between the national and global economies and monetary and
fiscal policies, the author describes the pyschological barriers which can prevent investors from
executing their plans. He demonstrates how investors can succeed in any market.
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