Timing the Trade the Wyckoff Way Message Board

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Strategies & Market Trends : Timing the Trade the Wyckoff Way

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From: Joe Highlander	6/11/2016 1:17:16 PM
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It is close to 2 years when I swore that I will follow the methodology with discipline, no fear, no greed; follow the rules of buying and selling and prefer new listed choices. I have re-checked to be sure that methodology was followed. Total positions used 23, including the current 3 holdings. Not an overtrading for a 5 position portfolio. Closed positions had 11 losses, 2 breakeven, 7 winners. Losses were 9 to 12%, including commissions paid and trade slippage. Profits were between 12 and 25%. Net result- 2 % portfolio gain. Much better than 2% loss. I am proud of the not so life changing gains. Rules did not permit holding any for big gains. Every choice taken had glorious future at the time of listing. Most turned out to be very inglorious. No doubt there are folks here who never miss a big winner and hardly ever pick a loser I don’t know of anything better so will stay with this methodology and hope for a percentage or two further profits over couple of years. Best regards. I had miss fortune of making quick 200% gains in portfolio during oil and gas bull market in late 90s, investing in drillers following the post of one person on prodigy. Prodigy was the one of the first internet services, before yahoo and America on line appeared and took over the field. I say misfortune because that gain made me stop using my brain and follow guru.

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