Good book on VSA and Wyckoff?

[tech/a]

You might also look into Todd Krueger's stuff.
Another step sideways and along side.

http://www.traderscode.com/

I've got all his stuff.

 

[pavilion103]

You might also look into Todd Krueger's stuff.
Another step sideways and along side.

http://www.traderscode.com/

I've got all his stuff.

http://www.traderscode.com/wyckoff-analysis-series-modules-1---2.html

Worth it?

 

[tech/a]

http://www.traderscode.com/wyckoff-analysis-series-modules-1---2.html

Worth it?

At that price I think so.
I paid $995 !!! that was 3 yrs ago.

He certainly goes into combining other important
analysis with Wyckoff.
He has been talking about a new software with all of that which he teaches
built into it.
Its been coming out for years!! Yet to see it.
But Ill buy it when it does appear.

http://www.traderscode.com/software.html

 

[aarbee]

Hello all,

"Trades About to Happen, (A modern Adaption of the Wyckoff Method" by David Weis has now been released by Amazon and can also be bought from the author's website.

Cheers

 

[pavilion103]

Hello all,

"Trades About to Happen, (A modern Adaption of the Wyckoff Method" by David Weis has now been released by Amazon and can also be bought from the author's website.

Cheers

Sensational.

I'm not sure what the cheapest option is with shipping. I ordered it from book depository which was $53 including shipping.

 

[aarbee]

Hi Pav,
I purchased it from Amazon and was bundled with some other books to reduce shipping costs. From the author's website it would cost a bit more than $53 but one can get a signed copy.

I am a new student of Wyckoff method and would like to know something from you.
I have started my reading with "Master the Markets" which is reputedly a good primer. I then plan to go on to "The Richard D. Wyckoff Method of Trading and Investing in Stock".
I have the various videos etc by TradeGuider (though I don't have the software) and I also have the Wyckoff course. A helluva lot to learn and resources to go through. Since you have recently gone through the whole material, please let me know your opinion on the most effective progression in reading on the subject.

Thanks

 

[pavilion103]

Hi Pav,
I purchased it from Amazon and was bundled with some other books to reduce shipping costs. From the author's website it would cost a bit more than $53 but one can get a signed copy.

I am a new student of Wyckoff method and would like to know something from you.
I have started my reading with "Master the Markets" which is reputedly a good primer. I then plan to go on to "The Richard D. Wyckoff Method of Trading and Investing in Stock".
I have the various videos etc by TradeGuider (though I don't have the software) and I also have the Wyckoff course. A helluva lot to learn and resources to go through. Since you have recently gone through the whole material, please let me know your opinion on the most effective progression in reading on the subject.

Thanks

I have a very particular way of learning and I quite like the approach. Maybe a bit full on for some.

I create files on my computer for any topic and make notes. So under trading I've got a specific folder called VSA and under that I have word documents about specific components of it. So for example I might read about "upthrusts" or "shakeouts" for the first time. I create a Word document for each and title it. As I read more on the topic that stands out to me, I update these files. By the time I've read through a stack of material I have a summary of notes for each little aspect which is much easier to refer back to specifically than by finding what I want among the vast array of materials in the books.

My method of progression.

1) I like the idea of starting with "Master the Markets" it's not too heavy, a good introduction. That will change the way of thinking about the markets.

2) By this stage I have a lot of notes typed out. I'll have a read over my notes to refresh the key points.

3) I love "The Richard D. Wyckoff Method of Trading and Investing in Stock". This is my primary educational tool on the topic.
I would recommend reading through this twice.
THEN I would focus most of my efforts on Section 7 of this course which is the practical application on a hypothetical chart example.

I 'd recommend reading over Section 7 once a month or every two months until you have a really good understanding.
Then I'd refer to it less frequently. I still go back over it now and have a read.

4) If you'd continued to write up those notes you will now have notes covering pretty much every aspect of the study and you can refer back to these in a less time consuming way.



Just my way of doing it. I am very detail focused!

 

[tech/a]

The best advice I can give to budding VSA students in fact any technical discipline is that
The analysis in it's specifics is a sentence in a story not the story.

Components of analysis are useless without practical application.
Both when proven true and false.
You can enter the story at the beginning middle or end.
Be sure you know how to apply your analysis VSA or whatever
To YOUR story. Analysis is like religion ----- full of false prophets! ( profits )

 

[banco]

"Trades About to Happen, (A modern Adaption of the Wyckoff Method" by David Weis is a good book but I didn't think there was that much new in it.

Adam Grimes book has almost as much wyckoff stuff in it as well as other stuff that I haven't seen elsewhere.

 

[aarbee]

I have a very particular way of learning and I quite like the approach. Maybe a bit full on for some.

I create files on my computer for any topic and make notes. So under trading I've got a specific folder called VSA and under that I have word documents about specific components of it. So for example I might read about "upthrusts" or "shakeouts" for the first time. I create a Word document for each and title it. As I read more on the topic that stands out to me, I update these files. By the time I've read through a stack of material I have a summary of notes for each little aspect which is much easier to refer back to specifically than by finding what I want among the vast array of materials in the books.

My method of progression.

1) I like the idea of starting with "Master the Markets" it's not too heavy, a good introduction. That will change the way of thinking about the markets.

2) By this stage I have a lot of notes typed out. I'll have a read over my notes to refresh the key points.

3) I love "The Richard D. Wyckoff Method of Trading and Investing in Stock". This is my primary educational tool on the topic.
I would recommend reading through this twice.
THEN I would focus most of my efforts on Section 7 of this course which is the practical application on a hypothetical chart example.

I 'd recommend reading over Section 7 once a month or every two months until you have a really good understanding.
Then I'd refer to it less frequently. I still go back over it now and have a read.

4) If you'd continued to write up those notes you will now have notes covering pretty much every aspect of the study and you can refer back to these in a less time consuming way.



Just my way of doing it. I am very detail focused!

Thanks for that. That's how I learn too.
Best regards

 

[tech/a]

"Trades About to Happen, (A modern Adaption of the Wyckoff Method" by David Weis is a good book but I didn't think there was that much new in it.

Adam Grimes book has almost as much wyckoff stuff in it as well as other stuff that I haven't seen elsewhere.

Got my copy here.

Janene Murdoch
Plaza Level
Educated Investor Bookshop
500 Collins Street
Melbourne VIC 3000

Ph (03) 9620 0885

info@educatedinvestor.com.au
www.educatedinvestor.com.au

 

[pavilion103]

Fairly short book

Looks like a reasonably light read, especially if you already have a good understanding of Wyckoff.

Shouldn't take long.

 

[pavilion103]

lol @ the extreme reviews on Amazon ranging from giving it one star because there is no zero stars option, to "the best trading and investing book ever".
I guess this is the same as any book review.

Had a flick through last night. Looks good. Will hopefully read it shortly.

 

[fiftyeight]

Where did you find "The Richard D. Wyckoff Method of Trading and Investing in Stocks"? I keep getting dodgy looking sites.

Cheers

 

[pavilion103]

Where did you find "The Richard D. Wyckoff Method of Trading and Investing in Stocks"? I keep getting dodgy looking sites. Cheers

PM me your email address

 

[kid hustlr]

PM me your email address

Pav, any chance you could help me out with this as well?

EDIT: will send you a PM

 

[pavilion103]

Pav, any chance you could help me out with this as well? EDIT: will send you a PM

Of course. Yeh PM me.

 

[jjbinks]

Are there any new books people would recommend 3 years later

 

[tech/a]

I think there is a place for a new one.
The application of VSA wouldn't go astray.

As its stands its been marketed more as a blanket tool which gives indications of
price action which can be acted upon in either naïve or sophisticated ways.

Naïve
Just buy and sell signals and get frustrated and smashed at the same time.

Sophisticated
Combined with Background Analysis/Testing of various setups in various conditions/
Application of Risk Measures/Trade and Money Management.

You can read/code/indicate until your Blue in the face but you wont profit from this or ANYOTHER
analysis without having vast experience in the application of your trade.
And NOW
You have the tools to determine wether your application actually gives you an edge---before you apply it!

 

[barney]

Are there any new books people would recommend 3 years later

Also 3 years later I wonder what happened to Pav? He became unwell from memory so hopefully going ok.