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Strategies & Market Trends : Timing the Trade the Wyckoff Way

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To: Joe Highlander who wrote (14122)8/22/2017 10:45:15 AM
From: PT1950  Read Replies (1) of 14149
 
Joe,

Thank you for your kind comments.

I've embraced the method becoming the quintessential BTT investor. I'm buying the newer listed growth ideas near their LP when there is a bullish BTT market signal and selling when the rules say to. This means there will be periods of months when I'm not adding any new ideas so I've missed a few big winners but this isn't part of my plan.

I've found by far the best time to buy is early on and their results show this is true.

YTD the average gain for their limited number of choices with revenues is greater than 55% which shows just how much better they do then most stocks and shows most of the best performers YTD are the newer ideas. However, the performances are even better, significantly better, if purchases were made since the last BTT market reversal in early November. In some cases they are two, three, four and more times as great.

For me a very important lesson learned was to wait for these opportunities and to do so I've learned to tune out the incessant commentary from numerous sources which used to feed on my desire to take action.

So at the moment I'm dong nothing, waiting on the next set-up which should come if the last quarter of the year is as good as it has been historically.

Cheers
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