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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14186Their newer leading ideas far outperform the market and this year hasn't bePT1950-yesterday
14185I don’t understand the wisdom behind the first ETF added; if the commodity priceJoe Highlander-Saturday
14184The most recent five additions to the NGI list are the leaders in important new coferspeculator-last Friday
14183Like Justified in the Derby with Mendelson, Bolt d'Oro and Good Magic . .coferspeculator-May 5
14182Hi Joe, Not much to talk about until there's a signal IMO . . . market'coferspeculator-May 5
14181The silence on this board is more than usual quite during down trends; did peoplJoe Highlander-May 4
14180Thank you very much for replying and the verification. I suspected it had changRC49-March 27
14179If you are asking me about the stock I mentioned it's now #29 on this past SPT1950-March 27
14178I'm a long time follower of this thread & BTT subscriber. I'm just RC49-March 27
14177the btt flow chart to buy is awesome.. great job. BTT i am not a big facebookedolfan65-March 26
14176lot of folks would love to be up 70% . . . you are doing significantly better thcoferspeculator-March 26
14175Two days ago had 102 percent unrealized profits; was feeling good and thinking aJoe Highlander-March 22
14174#30 looks exciting to me! The company appears to be the leading play in a hugPT1950-March 18
14173Hi Tim, good luck with it . . #30 seems like a very compelling story to me .coferspeculator-March 9
14172eagle fans got there superbowl finally.. one thing that kept me from BIDU wasdolfan65-March 5
14171It seems a test of the market's earlier lows likely. I'm looking to aTedPunts-March 2
14170Good hearing from you Tim . . Getting in early following the BTT market signalcoferspeculator-February 20
14169if you would have bought all 4 at the time and followed some basic rules you woudolfan65-February 14
14168its a lot easier investing with winds at your back timdolfan65-February 14
14167important market reactions are always followed by big rallies . . . the strategcoferspeculator-February 6
14166I was also curious how BTT did during the 2007-2008 recession so I went back andMilitaryVet-January 30
14165Thinking again, MON and PBR came same week as BIDU, I don't remember what twJoe Highlander-January 30
14164Hi, PT, good to see you. I subscribed in May 2007, just as market was about tJoe Highlander-January 30
14163The performance of my portfolio over the past five years has me thinking about rPT1950-January 30
14162btw . . Pegasus at GP a week from Saturday . . can't waitcoferspeculator-January 17
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