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By understanding the economic backdrop, a trader can determine why a chart looks the way it does, giving them conviction in their technical analysis.

This is Sperandeo’s most famous contribution. A major trend reversal is identified by three steps: By understanding the economic backdrop, a trader can

: He prioritizes measuring odds and probability over "certain" predictions, focusing on managing risk as the primary duty of a professional trader. Where to Find the Work Trader Vic-Methods of a Wall Street Master - Amazon.com By understanding the economic backdrop