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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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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
14274Merry Christmas what a crazy year . . . . difficult times for so many . . . scoferspeculator-12/24/2020
14273Mr.C: Please keep posting your thoughts, to me they are succinct and extremely vRC49-12/16/2020
14272Hi RC I stick with the plan . . . all the big gains in the new high big winnercoferspeculator-12/14/2020
14271Keep them coming.RC49112/8/2020
14270a written daily game plan has become the norm with age . . today it leads off wcoferspeculator-12/7/2020
14269offense been back on field . . . TSLA the gift that just keeps giving . . . . Scoferspeculator-11/24/2020
14268Duly noted.RC49-11/10/2020
14267defensive back on the field . . . for what it's worth Ccoferspeculator-11/10/2020
14266Your "point" is well takenRC49-10/29/2020
14265I should have included that for many folks, mental preservation may be even morecoferspeculator-10/28/2020
14264tough market at the moment for traders with portfolios holding too many long poscoferspeculator-10/28/2020
14263Good to hear from you .coferspeculator-10/28/2020
14262Nevermind, I don't know what I was thinking. I know what it is. Thanks anywaRC49-10/25/2020
14261Glad to see you posting again & that your are ok. I place extreme value in yRC49-10/25/2020
14260JAC’s are pivotal points . . same with springs . . pivotal point importance varcoferspeculator-10/19/2020
14259great year for making money . . the combination of best stories & BTT fat pcoferspeculator-10/12/2020
14258when the virus hit , my stops hit and was safely out of all postions. ....Howevedolfan65-5/6/2020
14257every important market rally begins with the fear of not getting out . . . the rcoferspeculator-5/5/2020
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