billbose

DbPhoenix, I have enjoyed reading several of your Wyckoff posts in this forum a few years ago. Is there any reason why you stopped using Wycoff technics. Does it imply that Wycoff methods are not suitable anymore based on current trends? Thank you for all your Wyckoff posts in this forum. You're welcome. And, no, there's no implication that W's methods are no longer suitable. To the contrary, they are more suitable than ever. However, getting people to read the course, much less study it, was like pulling teeth. And there's no point in starting and maintaining a journal if one hasn't studied the material. Plus there's the Wyckoff Posse out there spreading a lot of misinformation through their books and courses and toys and whatever, so people get turned off, even though they were never exposed to Wyckoff in the first place. So I decided to stop arguing with and about the Posse, put all that behind me, and write my own approach based on what is most important about Wyckoff, primarily Section 7. That seems to have done the trick for at least a few, though finding people who are willing to study -- as opposed to setting their money on fire -- is as difficult as it's always been. The advantage of the SLAB (see the stickies) is that I don't have to work so much anymore; I just tell people to read the book. If they then have questions, fine. And if they don't want to read it . . .

Thanks very much for all the answers.

My brokerage account is below what is minimum required to day trading. Keeping that in mind, is it acceptable/not against rules to 'Sell and Buy' a particular stock within the same day. Please remember, this is not about 'Buy and Sell' which I already know its against the rules.

Thanks for the reply

Can the Wyckoff methods be applied to inverse ETFs? Especially the 2x and the 3x ones? Thanks.

Any Bar/Candlestick chart with volume information would be good.

I saw that movie too. And it can be a very good example for an NRI.