Ù How I Trade and Invest In Stocks and Bonds Ñ Download by ☆ Richard D. Wyckoff

Ù How I Trade and Invest In Stocks and Bonds Ñ Download by ☆ Richard D. Wyckoff originally Published In 1922, This Investment Classic Is Still Providing Valuable Insight To Traders Richard D Wyckoff, Editor Of The Magazine Of Wall Street, Shares The Strategies That He Learned From Successful Investors Such As Jesse Liver This Includes How, When To Sell And What Types Of Stocks To Look For And How To Manage Risk.
good but tape reading is the classic Virtually everything written after Liver and Wyckoff are variations on themes developed by these two men Wyckoff was among the first to explain the accumulation distribution cycle which makes stock and market timing possible and to develop the use of surrogates, self made indexes which consist of a handful of leading stocks in a group such as semiconductors , which warn the investor of impending moves, and which enable the investor to filter out all the noise of broadcasters, publishers, newsletters, message boards, and chat rooms.
Understand Wyckoff and you ll understand the engine that drives stocks and markets rather than be distracted by the genuine imitation wood trim and the smell of the leather seats.
Classic piece of literature perhaps slightly outdated in todays hft world.
c Good read This little classic has great advice in it even though it was written over 80 years ago It discusses the importance of risk management when trading stocks and how different investing is to trading stocks The author gives the excellent advice to never average down in price after the first purchase of a stock for trading This has saved me a lot of money I found it very interesting that on one page he claimed that he could trade stocks succesfully if he was away from Wall Street and just received cables of a stocks daily range of prices and closing price while traveling He claimed that was all the information needed to make trading decisions He said that it was better to be away from Wall Street and the ticker and rumors Strangely enough 40 years after he wrote this Nicolas Darvas did exactly that and made 2.
5 million trading stocks using cables while traveling the world This is a great book for beginners.
Virtually everything written after Liver and Wyckoff are variations on themes developed by these two men Wyckoff was among the first to explain the accumulation distribution cycle which makes stock and market timing possible and to develop the use of surrogates, self made indexes which consist of a handful of leading stocks in a group such as semiconductors , which warn the investor of impending moves, and which enable the investor to filter out all the noise of broadcasters, publishers, newsletters, message boards, and chat rooms.
Understand Wyckoff and you ll understand the engine that drives stocks and markets rather than be distracted by the genuine imitation wood trim and the smell of the leather seats.
Really cool little book, lots of useful information for technical traders but fundamentals guys would likely benefit even by reading this.
Great starter book from a great trader difficult to follow his writing but all great points