The Trader's Reason vs. Emotion by Terry S. Brown
ARTICLE SYNOPSIS ...The Trader's Reason vs. Emotion
by Terry S. Brown
In the late 1970s and early 1980s, Victor Sperandeo had a brilliant track record day trading stocks,
commodities and especially the Standard & Poor's 500 and NYFE futures. He had an idea. ""I was trading
well and by a strict set of rules,"" says Victor, ""making a lot of money when I was right and losing only a
little when I was wrong. I figured that if I could do it, then I could train others to do it. I wanted to
franchise my methods and had visions of becoming the McDonald's of the financial markets.""
It didn't work. Of the 39 traders he ...