: The goal is to capture 60% to 80% of a long-term trend, rather than trying to perfectly time every top and bottom.
He famously used a 3:1 reward-to-risk ratio. For every $1 you risk, you must make $3. He also never risked more than 1% of his total account on a single trade. : The goal is to capture 60% to
Hours slipped away. The sun began to bleed through the blinds, but Elias didn't notice. He was deep into the chapter on the "2B Principle"—a setup for identifying false breakouts. He also never risked more than 1% of
But Elias recalled Sperandeo’s logic. Logic over emotion. He looked at the volume. It was light. He looked at the price action. The market had poked above the previous resistance by two ticks and immediately pulled back. He was deep into the chapter on the