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Strategies & Market Trends : Timing the Trade the Wyckoff Way

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To: Joe Highlander who wrote (14286)3/18/2021 7:56:55 AM
From: coferspeculator  Read Replies (3) of 14340
 
all good here . . .

for speculators . . . top performance is recognizing important changes before or shortly after they happen and if significant wait for the market to confirm the opinion . . if significant, put a lot of money into them but know where to get out if the big boys don't continue to buy/support the opinion. . . concentration creates wealth . .
at some point in time what's obvious to nearly everyone becomes obviously wrong . . . folks buying the stay at home plays early on were the folks who made big bucks . . those jumping in late didn't . . it's the same for every theme . . the time to get into infrastructure plays was months ago . . be careful if jumping into these now . . generally speaking, the big moves occur during a period of a few quarters before a period of consolidation begins . . there are exceptions but they are few . . try to get in early . .

my thoughts for what they are worth

C
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