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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14149Thanks Mr. C, great tip. Will do.Joe Highlander-last Wednesday
14148HI MV, Great points . . getting into the new ideas early on in a new BTT marketcoferspeculator-last Wednesday
14147Hi Joe, in this new digital world it is a good idea to have two accounts . . dcoferspeculator-last Wednesday
14146Who has experience with Merrill edge? Any issues there? There is trouble at FJoe Highlander-November 29
14145It was a good, if not great, Thanksgiving spending time with family and friends MilitaryVet-November 26
14144Happy Thanksgiving to all . . . family, food, football, racing . . it doesn'coferspeculator-November 22
14143Hi Clint, thanks for the comments . . . I've found the story is 90% of the coferspeculator-November 22
14142Mr. C, Just wanted to take a few minutes to express my thanks for this thread. MilitaryVet-November 18
14141Joe, I like the idea and have been selling 25% to 33% of positions when I feel PT1950-November 17
14140PT, You have sold many at buying climax; can you share your experience and thJoe Highlander-November 17
14139sticking to the rules may be easier said than done but its the only way I'vecoferspeculator-November 8
14138some of the best stories are ones I want to use . . #8 is one almost everyone wocoferspeculator-October 31
14137rally continuing . . . looking like 2017 will be another great year as long as ncoferspeculator-October 27
14136I have found if I want to participate in the 35% - 40% of stock ideas that put uPT1950-October 14
14135overtrading is a killer . . it's a mistake we all will or have made . . sucoferspeculator-October 8
14134here's a thought . . the trend is your friend until it bends . . if bought coferspeculator-October 8
14133Vow wee!. I am jealous with your gains. Being the worst performer in our group IJoe Highlander-October 2
14132Does anyone have any thoughts or suggestions about rotating out of a BTT stock tTedPunts-October 2
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
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