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Wyckoff law of Cause and Effect.
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Basic Wyckoff logic
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Investing Quote…
“Stock market technique is not an exact science. Stock (and commodities) prices are made by the minds of men (and women). Mechanical trading methods or mathematical formulas cannot compete with good human market judgment.”..
Richard D Wyckoff
Novice Traders trade 5 to 10 times too big. They are taking 5 to 10% risks on a trade they should be taking 1 to 2 percent risks.
Bruce Kovner
..”Money couldn’t buy friends, but you got a better class of enemy”..
Spike Milligan
..”it is better to have few stocks and to watch them carefully”…
Bernard Burach
..”Stock market bubbles don’t grow out of thin air. They have a solid basis in reality, but reality as distorted by a misconception”..
George Soros
