: Risking capital for large gains only after the first two goals are secured. Key Technical Trading Methods
Markets are driven by algorithms that trigger buy stops at new highs. When the new high fails (Point 1), it traps the late bulls. The break of Point 2 is the margin call cascade. This method works as well today in Bitcoin and Nvidia as it did in Sperandeo's dairy futures. Mastering the Markets: Key Lessons from "Trader Vic"
Disclaimer: This article is for educational purposes only and does not constitute financial advice. Trading involves risk of loss. Mastering the Markets: Key Lessons from "Trader Vic"