Never risk your core trading equity on high-risk bets.
: Vic emphasizes that the Federal Reserve dictates market liquidity. Loose monetary policy pumps markets up; tight monetary policy drains them. Never risk your core trading equity on high-risk bets
The 1-2-3 Rule defines a trend reversal through three steps: 1) The trendline is broken, 2) The price tests the previous high/low without exceeding it, and 3) The price breaks the previous short-term high/low. Trader Vic-Methods of a Wall Street Master - Amazon.com Never risk your core trading equity on high-risk bets