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Trader Vic--Methods of a Wall Street Master

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Title: Trader Vic--Methods of a Wall Street Master
by Victor Sperandeo
ISBN: 0471304972
Publisher: John Wiley & Sons
Pub. Date: 12 August, 1993
Format: Paperback
Volumes: 1
List Price(USD): $22.95
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Average Customer Rating: 4.57

Customer Reviews

Rating: 4
Summary: Very practical about trading
Comment: Some years ago an experienced trader introduced
me to this book. I read it and I learned many
things from it. The main topics in this book
include: Preservation of capital, consistent
profitability, technical analysis and trading
rules, etc. Trader Vic also talked about
macroeconomics and how it affects the stock
market.

One doesn't have to agree on everything trader
Vic said in his book. And I personally believe
that the writing style could be better. The
outstanding points in this book are Mr.
Sperandeo's great insights about trading and
his very practical real-world trading strategies.
This is a book every trader should read.

Rating: 4 ½ Stars

Rating: 5
Summary: Must Read
Comment: I like this book because Trader Vic really lets you into his head. He gives you a bird's eye view of the trading world, some of his strategies, trials and tribulations, and market commentary based on his years of experience. This guy is of the same caliber as the guys, for instance, on TradingMarkets.com. Trader Vic really knows his stuff; this is a must-have book in any trader's library.

Rating: 5
Summary: Highly practical, beyond FA and TA
Comment: I had read many trading books. However, this book helped lay the practical groundwork for my trading to this very day. Honestly speaking I had been a regular loser for my lukewarm knowledge (worse than ignorance) of TA, trend, trading psychology and things like that. This book really helps the aspiring traders to better understand the knowledge of the trading science through layman terms. Vic had honestly deliver what the headings of some chapters, namely: Business Philosphy for Consistent Success, Finding Order in Market Chaos, A true understanding of Trends, The Merits and Hazards of TA, etc. I strongly recommend the passage devoted to double bottom/top (2B) which warns traders to have a time perspective of using individual TA tools. In a word, a must read!

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