[isatrader]

Thanks. I've read How I Trade and Invest In Stocks and Bonds by Wyckoff.  It does not go into the technical detail that I see when the Wyckoff method is discussed but I the book is short, cheap and an easy read and I think is worthwhile for the outlook it gives.  The book is about 100 years old, so it is interesting reading the parts of it that seem like they apply today, and also amusing insights like there being a potential market for 2 million automobiles in the US.  What surprised me a lot was the background research advocated - actually going to visit the companies he was planning to buy stocks in and or commissioning research from people who work in the fields of the companies he was planning investments in.  I suspect that he was talking of investing institutional amounts of money as I don't think that I could just go and visit the board of a company just because I want to invest several thousand in them via my ISA...

I need to read up more Wyckoff, from what I have see he seems to regard the smart money as more adversarial than Weinstein.  I note from the few interviews out there that Weinstein regards the markets as more rapid, and perhaps aggressive, than when he wrote the book.  Aggressive may have been my interpretation though.  So I suspect a little more paranoia/insight based on Wyckoff is worthwhile?

I've put a bunch of Wyckoff materials in the Resources thread in the members area. Read the short article called Anatomy of the Trade, as that is a good primer, and I've put a bunch of video resources in there too.