The Wyckoff method Trading and Investing in Stocks by Jack K. Hutson
The first in a series of articles which outline the Richard D. Wyckoff method of trading stocks. This method provides a foundation for analyzing the fundamental relationships between the market's primary forces. Through the use of such techniques as volume analysis and studies of vertical line, figure and wave charts, Wyckoff developed a trading method which is still applicable to today's markets.
Richard Wyckoff's first instruction to students of his stock analysis method published in the 1930s was
quite simple and specific—forget all the decision-making factors you ever used. All you need to know is
in the table of stock prices and volumes in your daily newspaper.
With this back-to-basics approach, Wyckoff promised to show his students "the real rules of the game"
played so adroitly by well-heeled investors with enough capital to pack clout in the market.
Although it's hard to imagine anything, especially a stock market technique, remaining viable from the
1930s to the 1980s, The Richard D. Wyckoff Method of Trading and Investing in Stocks has survived the
times as a classic. Whatever it lacks in glamour and gee-whiz in this computerized age, it makes up by
giving its users a solid foundation for analyzing the fundamental relationships among the market's
primary forces. In this respect, it's like the pearls and basic black dress in a woman's wardrobe. It can be
embellished but not antiquated.