Psychology: the Invisible Market Sperandeo’s reflections on trader psychology are as essential as his technical rules. He understands that the market’s price action is as much a function of human emotion—fear, greed, herding—as it is of fundamentals. Emotional self-awareness, adherence to rules when instincts pull otherwise, and the humility to accept losses are described as operational requirements. Anecdotes about big losses, near-misses, and the behavior of other market participants are used to illuminate how psychological failures compound into career-ending mistakes.
Victor Sperandeo, also known as "Trader Vic," is a well-respected figure in the trading world. With over 40 years of experience in the financial markets, Sperandeo has worked as a trader, investor, and writer. He is known for his straightforward and pragmatic approach to trading, which emphasizes risk management, discipline, and self-awareness. Anecdotes about big losses, near-misses, and the behavior
The book likely covers other technical indicators that can help traders make informed decisions. He is known for his straightforward and pragmatic
