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Strategies & Market Trends
Timing the Trade the Wyckoff Way
An SI Board Since April 2004
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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.
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14131some pretty sloppy football last weekend . . I think the folks saying the limitcoferspeculator-September 15
14130A now up 500% . . great story . . . bullish flow . . up-lining every quarter . coferspeculator-September 15
14129The buying decisions aren't hard, at least for me they haven't been for TedPunts-September 8
14128the when to sell decisions are the last step IMO . . most folks will never get pcoferspeculator-September 1
14127Hello Joe, I did sell some shares in a few of my positions when I was supposed PT1950-August 24
14126Thank you PT; so are you in cash only now? Why do you suppose they have maintainJoe Highlander-August 22
14125Joe, Thank you for your kind comments. I've embraced the method becoming PT1950-August 22
14124Humm! Now I see it. No problem. Our population has gone down from few years agoJoe Highlander-August 18
14123What was the cryptic apologetic message, after the normal DR, about? Anybody undJoe Highlander-August 17
14122Thanks for words of wisdom; appreciated this and all other of your posts. I mustJoe Highlander-August 6
14121Joe, I agree that it's nearly impossible to hold onto shares when emotions PT1950-August 5
14120Very well said, thanks. Experience shows that holding positions is very diffiJoe Highlander-August 4
14119for what it's worth, the subject in last night's title plays a huge rolecoferspeculator-August 4
14118thoughts for what they are worth . . . if the question is whether you'll coferspeculator-July 30
14117Over the past four years there have been two huge rallies and I'm participaTedPunts-July 27
14116Saratoga opens on Friday . . . "luck is the residue of design" . . . coferspeculator-July 17
14115stock market news and data is dispersed all day long . . listening to and payingcoferspeculator-July 17
14114It appears the year and a half rally will have another leg higher! The marketPT1950-July 16
14113Hi Tim . . baseball was the third biggest followed sporting events during the 50coferspeculator-July 5
14112I'd add to this discussion that a picture is worth a thousand words. My suPT1950-June 20
14111hard to belive but 30 years ago . horse racing and boxing were a major player indolfan65-June 7
14110Thanks again for the input. I fully understand. I've made all the mistakes eMcTrader-June 5
14109Thank you for reply, that answered my question.McTrader-June 5
14108changing topic to horse racing . . Belmont Stakes a week from tomorrow . . can&#coferspeculator-June 2
14107Hi Joe, just saw your message . . . Wyckoff was the first person and one of thecoferspeculator-June 2
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