“Give 100 traders the same moving average crossover, and 98 will lose money. Why? Because they think the indicator is the edge. It’s not. The edge is what you do before, during, and after the signal.”
Vic’s most practical tool is his method for identifying when a trend has actually changed. He defines a trend change using three specific criteria: Step 1: The Trendline Break. trader vic methods of a wall street master by victor best
It occurs when the price makes a new high but fails to sustain it. “Give 100 traders the same moving average crossover,