Understanding Richard Wyckoff logic helps you understand when major plays are switching sides of the trade.

Video Length: 00:05:43

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Investing Quote…

..“What beat me was not having the brains enough to stick to my own game – that is, to play the market only when I was satisfied that precedents favored my play.”..

Jesse Livermore

..“Because of the extreme challenge, one must commit full attention to it.” Market speculation is “no different than trying to be a successful doctor or lawyer … you simply must devote yourself full-time to the study of your craft”…

Bernard Baruch

..“The main purpose of the stock market is to make fools of as many men as possible”..

Bernard Baruch

..”Money couldn’t buy friends, but you got a better class of enemy”..

Spike Milligan

..“One must search through a maze of complex and contradictory details to get to the significant facts … Then he must be able to operate coldly, clearly, and skilfully on the basis of those facts.” The challenge for the successful speculator is “how to disentangle the cold hard facts from the rather warm feelings of the people dealing with the facts.” Moreover, “if you get all the facts, your judgment can be right; if you don’t get all the facts, it can’t be right”…

Bernard Baruch

 

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