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Strategies & Market Trends
Timing the Trade the Wyckoff Way
An SI Board Since April 2004
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14238 178 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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ReplyMessage PreviewFromRecsPosted
14238#8 from the watchlist making a new 52 week high.feewaybill-July 3
14237Every weekend I look at my holdings, mainly for the purpose of adjusting stops. kelly247-June 29
14236Vow, the description of the whole game plan in very few words. Not one but two mJoe Highlander-June 16
14235# 6 on the NGI list a great example of a great story in one of the most importancoferspeculator-June 11
14234Hi guys, It's been great and will continue to be . . stick to the great stocoferspeculator-June 10
14233Hi McTrader, good to see you. I believe I am the last one in our group to finallJoe Highlander-June 6
14232I definitely echo your sentiments about Mr C., PT and the service. It's beenMcTrader-May 28
14231Before they turn the lights off and lock the door for ever: Thank you Mr. C for Joe Highlander-May 28
14230Crazy year for the horses!dolfan65-May 21
14229Rough day; down 6.4 percent on invested line; stocks down 5 to 8 percent. This lJoe Highlander-May 13
14228I am grateful to T for giving the sell rules; wish they had these rules back in Joe Highlander-May 7
14227Thank you PT. Your this message like all your messages is helpful for me. I am Joe Highlander-April 25
14226Joe Just getting back over here. After doubling my initial new purchase dollarPT1950-April 24
14225Thanks for sharing! Timdolfan65-February 27
14224This morning I realize that I got divine intervention. I have never smoked or usJoe Highlander-February 26
14223Hello PT- good to see your post here. Every few days I look for your post here. Joe Highlander-February 23
14222I've meant to put up a post here a number of times over the past year but nePT1950-February 23
14221It's been better IMO . . . get in the best stories early on is by far the becoferspeculator-February 16
14220The year seems to be off to a good start and looks a lot like the start of 2016.McTrader-January 23
14219looks like the damage done to the charts will need some time to repair..imo loodolfan65-12/29/2018
14218Final Hour only half an hour away; time to think: sharp spokes in bear market- sJoe Highlander-12/26/2018
14217Oh No! looks like a day to buy for the fifth time in this series. Three in my liJoe Highlander-12/26/2018
14216Happy Holidays everyone! Yep, in the same boat. Was looking at a stellar year, McTrader-12/24/2018
14215Happy Holidays! was on my way to another great year until October . . saw my gcoferspeculator-12/23/2018
14214Good. After four false starts and average of 13% loss each time i am relieved thJoe Highlander-12/19/2018
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