V.9:2 (69-71): Wyckoff: Relative Strength And Weakness by Craig Schroeder

V.9:2 (69-71): Wyckoff: Relative Strength And Weakness by Craig Schroeder
Item# \V09\C02\WYCKOFF.PDF
Availability: In Stock

Product Description

Wyckoff: Relative Strength And Weakness by Craig Schroeder

In his course in stock market science and technique, Richard D. Wyckoff stated the basics of his method in five steps:

Step 1: Determine the present position and probable future trend of the market. Then decide how you are going to play the game: long, short or neutral.

Step 2: In a bull market, select from those stocks in harmony with the market the ones that are stronger than the market. In a bear market, select those that are weaker than the market.

Step 3: Using point and figure charts, select those stocks that have built up a potential count for a move in keeping with your goals.

Step 4: Determine each stock's readiness to move. Analyze the vertical and figure charts of the candidates with the help of the buying and selling tests.

Step 5: Time your commitments with a turn in the market.

The five steps of the Wyckoff method can be divided into three groups that ask and help answer three important questions. Step 1 stands alone and asks the question what. Steps 2 through 4 can be grouped together and ask the question who. Step 5 stands alone and asks the question when. Therefore, by employing all five steps, the investor or speculator can determine what type of market operation to undertake, which individual stocks or bonds represent the best candidate(s) and when the best time is to make a commitment.

*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!
  • 5-year subscription to Technical Analysis of STOCKS & COMMODITIES, The Traders' magazine. (Shipping outside the US is extra. Washington state addresses require sales tax based on your locale.)
  • 5 year access to S&C Archive
  • 5 year access to S&C Digital Edition
  • 5-year subscription to Traders.com Advantage.
  • 5-year subscription to Working Money.
  • Free book selection.
  • Click Here to Order