V.5:4 (136-139): Selecting the best individual stocks Wyckoff method of trading stocks part 9 by Jack K. Hutson
Product Description
Selecting the best individual stocks Wyckoff method of trading stocks part 9 by Jack K. Hutson
Our discussion of Wyckoff's analytical methods have so far concentrated on deductive reasoning to reach investment or trading conclusions. We first determined the position and trend of the general market, then the positions and trend of group averages, and finally selected individual stocks based on their ability to move in harmony with those larger trends.
The opposite approach-inductive reasoning-offers the experienced Wyckoff analyst a valuable way to double check those conclusions. I emphasize experienced analyst because determining the positions of individual stocks first and then proceeding to the market and groups requires more skill and judgment, as well as more analysis time.
Our discussion of Wyckoff's analytical methods have so far concentrated on deductive reasoning to reach investment or trading conclusions. We first determined the position and trend of the general market, then the positions and trend of group averages, and finally selected individual stocks based on their ability to move in harmony with those larger trends.
The opposite approach-inductive reasoning-offers the experienced Wyckoff analyst a valuable way to double check those conclusions. I emphasize experienced analyst because determining the positions of individual stocks first and then proceeding to the market and groups requires more skill and judgment, as well as more analysis time.
FOR THOSE ORDERING ARTICLES SEPARATELY:
*Note: $2.95-$5.95 Articles are in PDF format only. No hard copy of the article(s) will be delivered. During checkout, click the "Download Now" button to immediately receive your article(s) purchase. STOCKS & COMMODITIES magazine is delivered via mail. After paying for your subscription at store.traders.com users can view the S&C Digital Edition in the subscriber's section on Traders.com.
| Take Control of Your Trading. |
| Professional Traders' Starter Kit |
| All these items shown below only $299.99! |
| Click Here to Order |