Strategies & Market Trends
Timing the Trade the Wyckoff Way
An SI Board Since April 2004
Posts SubjectMarks Bans
14162 182 0
Emcee:  coferspeculator Type:  Moderated
This board is about “Timing the Trade" while using important Wyckoff factors and other ideas used by successful traders.

The Wyckoff methodogy has been around for nearly a century. There are many important concepts that were introduced in the early 20th century that can assist the speculator in making good trading decisions. There are also concepts that were introduced that IMO no longer have the relevance and importance that they did many years ago.

To assist in making the appropriate decision, successful traders and investors follow a five-step process.

1) Determine the trend and position of the market and then decide if they should be long, short or neutral, with an emphasis on being long the markets when it is appropriate.

2) Determine which stocks will be the market leaders in the coming cycle.

3) Determine which of these stocks offers the best potential to move the soonest, the furthest and the fastest.

4) Determine which stocks are most ready to move, those on the “springboard” as Wyckoff often advised.

5) Timing the speculation in the appropriate stocks when the market is oversold or overbought. When the market is oversold, buying stocks that meet all of the above criteria is suggested during or at the beginning of an uptrend move.

By following the abovementioned five steps in an orderly manner, traders can dramatically increase the likelihood of entering a speculative position during the mark up or mark down phase. It is during the mark up or mark down phase that the objective to “make the most in the least amount of time” can be realized.

It's important to recognize that there are a number of factors that I use in my trading that are not Wyckoff. Over the years I have found concepts advocated by Wyckoff that haven't worked very well for me. Additionally, I have added a number of other important factors that I believe are very important.

Many things have changed in the markets over the years. Many Wyckoff students don't believe that to be the case. I disagree with them and believe that dismissing ideas that no longer play an important role in the markets, as well as introducing new ideas into the trading process will only improve a traders performance.

Disclaimer: Information concerning the market and any stocks mentioned are not recommendations to buy or sell. I may have positions in stocks that are mentioned. I make no warranties, expressed or implied, as to the fitness of the information for any purpose, or to any results obtained by anyone using the information. In no event shall I be liable for any direct or indirect damages resulting from the use of the information. Any decisions made by anyone using this information should be made solely on the basis of their own due diligence.

Anyone using this information bears the the responsibility of doing their own research in every case and should make their own decisions. It is recommended that that anyone reading or considering anything suggested discuss all decisions with a qualified and licensed securities professional before making any investment or trades.
Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):
ReplyMessage PreviewFromRecsPosted
14162btw . . Pegasus at GP a week from Saturday . . can't waitcoferspeculator-Wednesday
14161Hi Tim, Good hearing from you . . . . hope all is well! last weekend's focoferspeculator-Wednesday
14160go papertrade!. even when your real time trading. and stay away from the news dolfan65-January 11
14159trust but verify . . when outcomes are all that matters don't just trust whacoferspeculator-January 9
14158could be a big winner over the next few years . . hope to hear more about the tcoferspeculator-January 3
14157Happy New Year! The gist of my game plan for 2018 . . . economy looking good coferspeculator-January 3
14156Thanks much. I will send them a request. Happy new year and many thanks for all Joe Highlander-12/29/2017
14155I'm in total agreement with all of your points. One thing I've found PT1950-12/29/2017
14154I didPT1950-12/29/2017
14153I did not get DR today; Did you? thanksJoe Highlander-12/28/2017
14152happy holidays to all . . . hoping for another great year since early 2013 bigcoferspeculator-12/23/2017
14151good stuff . . . 80% of this game is about getting in the best stories early coferspeculator-12/23/2017
14150With the year coming to an end I thought I'd share one of the best lessons ITedPunts-12/20/2017
14149Thanks Mr. C, great tip. Will do.Joe Highlander-12/6/2017
14148HI MV, Great points . . getting into the new ideas early on in a new BTT marketcoferspeculator-12/6/2017
14147Hi Joe, in this new digital world it is a good idea to have two accounts . . dcoferspeculator-12/6/2017
14146Who has experience with Merrill edge? Any issues there? There is trouble at FJoe Highlander-11/29/2017
14145It was a good, if not great, Thanksgiving spending time with family and friends MilitaryVet-11/26/2017
14144Happy Thanksgiving to all . . . family, food, football, racing . . it doesn'coferspeculator-11/22/2017
14143Hi Clint, thanks for the comments . . . I've found the story is 90% of the coferspeculator-11/22/2017
14142Mr. C, Just wanted to take a few minutes to express my thanks for this thread. MilitaryVet-11/18/2017
14141Joe, I like the idea and have been selling 25% to 33% of positions when I feel PT1950-11/17/2017
14140PT, You have sold many at buying climax; can you share your experience and thJoe Highlander-11/17/2017
14139sticking to the rules may be easier said than done but its the only way I'vecoferspeculator-11/8/2017
14138some of the best stories are ones I want to use . . #8 is one almost everyone wocoferspeculator-10/31/2017
Previous 25 | Next 25 | View Recent | Post Message
Go to reply# or date (mm/dd/yy):
Copyright © 1995-2018 Knight Sac Media. All rights reserved.Stock quotes are delayed at least 15 minutes - See Terms of Use.