Wyckoff Method

[tomkat22]

I don't know about that...I just traded a 4 dte contract for $150 profit in about 30 mins using EW on the 30/5 minute chart. I had 3 profit taking levels and just took all of it on the first level because I'm so broke

Meh,probably a coincidence.You're halucinating and seeing things that aren't there.

 

[taowave]

If you are doing "option repair" on every position,its doubtful you are ahead of the game..

And you can't sell enough calls to make up for 50 percent hickeys..Doesn't work thst way

Yup you post your plan but it's usually pretty vague.
I have yet to see a trade confirmation.
You claim you are ahead of the game yet you are out of capital.
You have a credibilty problem.

But you are right, it's none of my business. I've paid enough attention to your trading to know that your strategies won't work for me. Good luck going ahead. I'll quit bugging you.

 

[wxytrader]

Yup you post your plan but it's usually pretty vague.
I have yet to see a trade confirmation.
You claim you are ahead of the game yet you are out of capital.
You have a credibilty problem.

But you are right, it's none of my business. I've paid enough attention to your trading to know that your strategies won't work for me. Good luck going ahead. I'll quit bugging you.

How is having multiple entries and multiple profit taking levels vague? Even day traders use that and they're the lowest form of trader. That's the problem with your support and resistance voodoo those levels don't hold.

I'm out of capital cuz I go all in... Risk management and stop losses is playing their game. Don't you guys get it?

What do you mean by trade confirmation. Posting the chart...the entry, the exit. The screenshot of the order. That's not enough for you guys? I only mentioned this last trade to demonstrate that you can use Elliott wave on the lower time frames. It's not like I'm going to boast about $150 trade LOL.

 

[wxytrader]

Meh,probably a coincidence.You're halucinating and seeing things that aren't there.

Still waiting for you to post anything trading related. Heck even post a paper account trade. I don't care show us something.

 

[taowave]

Lol!!!!

Being dead wrong for 50% doesn't help tge capital cause

How is having multiple entries and multiple profit taking levels vague? Even day traders use that and they're the lowest form of trader. Trading isn't rigid it's dynamic. I don't know why you guys have a hard time understanding that it's why you get stopped out so much.

I'm out of capital cuz I go all in... Risk management and stop losses is playing their game. Don't you guys get it?

 

[tomkat22]

Still waiting for you to post anything trading related. Heck even post a paper account trade. I don't care show us something.

Haha,I'm a swing trader and my trades would bore someone to sleep. Faded that pop in AGX last week and same thing with SBUX a couple of weeks ago. Decent profit on both trades. Only made about 30 trades all year.

 

[wxytrader]

Haha,I'm a swing trader and my trades would bore someone to sleep. Faded that pop in AGX last week and same thing with SBUX a couple of weeks ago. Decent profit on both trades. Only made about 30 trades all year.

Nothing wrong with swing trading...BNF is a swing trader. When I watch a day trader I just want to zoom out chart...it's laughable watching their late entries and early exits.

 

[Gary186]

That chart is pure Weinstein Stage analysis..

I haven't looked at Wyckoff in years,but that's not at all what I remember

Thank you.
I will ignore that book. It is hard to implement using code.

I think what I read years ago is "The Richard D. Wyckoff Method of Trading and Investing in Stocks: A Course of Instruction in Stock Market Science and Technique". However I can not find the Kindle version of this book. I will use the Kindle book <how I trade and invest in stocks and bonds> instead.

 

[wxytrader]

Thank you.
I will ignore that book. It is hard to implement using code.

I think what I read years ago is "The Richard D. Wyckoff Method of Trading and Investing in Stocks: A Course of Instruction in Stock Market Science and Technique". However I can not find the Kindle version of this book. I will use the Kindle book <how I trade and invest in stocks and bonds> instead.

Why is everybody just ignoring that I posted an example of wychoff...that's everything you need to know right there...no need for a book. Just learn EW instead.

 

[Darc]

Wykoff and Dow both came up with the Phases. Not sure who came first though. Weinstein' followed it and added in the 30 week MA etc.

@wxytrader is the greatest. We should all learn EW, coz price is already predetermined ... apparently.

I think Wykoff also thought price was manipulated by some mysterious force