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Strategies & Market Trends : Timing the Trade the Wyckoff Way -- Ignore unavailable to you. Want to Upgrade?

To: Carlhs who wrote (14022)	9/10/2016 11:15:44 PM
From: Joe Highlander	Read Replies (1) \| Respond to of 14340

Hello and welcome Carl, I thought about answering, and then realized that I don’t remember the 5 steps; over the years we have had different steps. So not sure about what you are referring to. If you introduce yourself, background and investing efforts and experiences then it may be easier to communicate appropriately. Best Regards.

To: Carlhs who wrote (14022)	9/12/2016 10:44:43 AM
From: coferspeculator	Read Replies (1) \| Respond to of 14340

Carl, Welcome to the board . . There isn't a scan . . Wyckoff worked at a brokerage in the capacity of what today we call an analyst . . he did this for over twelve years before he began to trade for a living . . with that experience he learned how to identify the six to eight or ten companies that would be the leaders in the upcoming, most important new industry trends . . how did he find them . . his words . . " sit up nights, read the financial papers, and study probable future values of securities " most important thing when it comes to a company . . his words "nature and tendency of the industry" . . today that means what industry/market themes are set to do the best . . . if you have read Wyckoff then you know he didn't make an important trade for twelve (may have been more) years . . he spend all the time prior to trading learning how to figure out which half a dozen or so companies could rocket higher following an overbought market condition (Wyckoff's market was his half a dozen to dozen stocks . . not the indices) . . when the market turned he bought if the stock exploded higher from the spring board . . ( a spring or JAC) . . if there was a scan that worked everyone would be using it and everyone would be making huge profits . . . if you really want to determine which kind of stocks W would have focused on and use in the five steps . . . get an MBA . . then a job at as an assistant analyst at a top firm . . you'll learn how to determine what the next big market trends will be . . you'll learn how to identify which are the best ideas that can benefit from them . . the when to buy and when to sell stuff is simple to do . . 99% of W traders know when to buy and sell . . only a very few know which stocks are the ones that work well when doing so . . . most stocks don't work well with W or other methods .. focus on the best half dozen or dozen stories and if the market is right a lot of money can be made . . when the market isn't right, small gains or losses occur . . the actions in the best stories will tell you when the market is good and when it isn't . . my thoughts for what they are worth . . a W student for many decades . . good luck! C