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Strategies & Market Trends
Timing the Trade the Wyckoff Way
An SI Board Since April 2004
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14299 175 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.
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14299Oh yes, time to vent. Poorfolio down 8% at open. Last nights emphasis on sellingJoe Highlander-November 10
14298a month later and the moves in these two stories continues . . . wait for thcoferspeculator-October 25
14297patience pays . . good move getting in early . . . I also like those two . . .coferspeculator-September 20
14296Mr. C: After your 12/27/20 reply, I spent a lot of time reading and reflecting,kelly247-September 9
14295my how time flies by but little changes . . . now over 55 years doing this and tcoferspeculator-September 3
14294I believe this is a new record for no posts on this forum, just thought I'd RC49-August 4
14293about 6 months ago i started buying small lots(1000 dollars) of bitcoin. i have dolfan65-May 3
14292Hi Tim! Good to hear from you . . your Wyckoff training paying off . . havingcoferspeculator-April 23
14291tdolfan65-March 27
14290thanks to you and BTT I had the confidence to enter into positions back at the bdolfan65-March 26
14289Glad to know; that is great. Your words of wisdom are golden as ever.Joe Highlander-March 18
14288all good here . . . for speculators . . . top performance is recognizing imcoferspeculator-March 18
14287Glad that you are ok after the Covid scare. I managed to get both vaccine shots.RC49-March 17
14286So true. I had scare from COVID infection; took 2 months to get over it; I hopeJoe Highlander-March 16
14285What a coincidence, I've been wondering the same thing! "MR. C" RC49-March 15
14284Looks more like real rally than a bear market rally; hope it holds. PT, you arouJoe Highlander-March 11
14283Thank you for posting, greatly appreciated! Will definitely watch video. Just reRC49-January 28
14282buyer of the newest idea of BTT . . . . last night's video link a must watccoferspeculator-January 28
14281Thank you yet again for expressing your thoughts. Please keep posting them, theyRC49-January 12
14280some thoughts for what they are worth . . . always take time on Sunday to size coferspeculator-January 11
14279I agree with Kelly247. That was extremely important insight / information. ThanRC49-January 1
14278Thank you so much for sharing your thoughts, Mr. C. This clarifies the directionkelly247-12/27/2020
14277hi kelly, success in the market over the long term is predicated on having a wecoferspeculator-12/27/2020
14276A belated Merry Christmas to you sir & "prosperous " & healthyRC49-12/26/2020
14275Hi Mr. C, long time... I have a question: BTT has a little over 60 ideas. Youkelly247-12/26/2020
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