The Wisdom Of Wyckoff by Stella Osoba, CMT
At the root of all markets are the participants. Human nature does not change and therefore there is much to appreciate and learn from the observations Richard D. Wyckoff made nearly a hundred years ago.
"In a poorly lighted room a youth sat deep in thought. Could he solve the riddle of the stock market? He knew he was on the right road. Study, effort, patient endeavor, with these he was bound to be successful." —Richard D. Wyckoff
A lifetime of closely observing market action and market participants led Richard DeMille Wyckoff to gain a deep understanding of both. This article will extrapolate from Wyckoff’s writings some of his observations about Wall Street and those who participate in what he described as the greatest of all the world’s games ...