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Friday, April 19, 2024

Wyckoff consolidation How to find.

Courtesy of Read the Ticker.

wyckoff-consolidation-how-to-findThey say in the markets to win you need a edge. You need to invent a better spade than the other guy.





More from RTT Tv



 Simple indicators help the eyes find attractive Wyckoff patterns to investigate. More on RTT Steps here.














Example chart from within the video.







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RTT steps





Fundamentals are important, and so is market timing, here at readtheticker.com we believe a combination
of Gann Angles,
Cycles,
Wyckoff and
Ney logic
is the best way to secure better timing than most, after all these methods have been used successfully for 70+ years. To help you applying Richard Wyckoff and Richard Ney logic
a wealth of knowledge is available via our RTT Plus membership.





NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net



Investing Quote…



..“The game of speculation is the most uniformly fascinating game in the world.  But it is not a game for the stupid, the mentally lazy, the person of inferior emotional balance, or the get-rich-quick adventurer.  They will die poor.”…



Jesse Livermore





..“Successful speculation requires staying on top of changes in industries and companies that either create new industries or improve on existing industries. The majority of your profits will come from these two … The shrewdest traders throughout history all adapted the skill of reactionary change, as the market constantly presents new and different opportunities.”..



Bernard Baruch





..”It’s easier to fool people, than to convince them they have been fooled”..



Mark Twain





..“It is much harder to sell stocks correctly than to buy them correctly.” Because of the emotional aspect of trading, if a “stock went up, the average investor would hold because he wants more gains – he’s exhibiting greed. If the stock declines, he also holds on and hopes the stock will come back so he can at least sell and break even – he’s hoping against hope”..



Bernard Baruch





..“How many millionaires do you know who have become wealthy by investing in savings accounts?”..



Robert G Allen







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