Independently published The Wyckoff Methodology in Depth

This is the second in a series of three books on investing by RV Chaves. I bought it because I want to retire and my pension isn’t enough to live on so I am looking for a way to boost my income before I blow all my savings. The first book in the series, Trading & Investing For Beginners, gives you a good grounding in investing in a wide range of markets and doing so in such a way that with a lot of effort and a lot of discipline, you can make a decent living from investing, or at least pay the bills. This second book takes us into the heart of the Wykoff Methodology, which is the author’s special area of expertise. Richard Wykoff was a trader in New York who died in 1934. Nearly a century ago he developed a system whereby the small retail trader could track what the big players – the market movers – are doing and copy them. This book shows in detail how you can study charts (preferably charts showing price and volume of the share or currency etc that you’re interested in) and determine what the big players are doing and what impact that will have on the price. The key is identifying when their activities are going to lead to a trend. That is when the price moves steadily up or down for a period. That is when you want to jump on and enjoy the ride. Crucially, the author also shows you when to jump off. The safest if not the best place to jump off. This book has a lot of complicated information and unless you’re already familiar with the markets, it is worth reading the first book in the series before you tackle this one. It’s also self-published, which means that some of the graphs and tables are not very clear, especially the tables, which I suspect were originally in colour but are printed in monochrome. It is best to read the book through once to understand the contents, then use it with books one and three in the series to develop your trading strategy and – very important this – your trading journal. I recommend this book and the others in the series because for about sixty-five quid you are getting a training course that others are charging four figures for.

El libro está muy bien redactado y para mí es un buen punto de referencia de cómo funciona la metodología Wyckoff. Una lectura muy recomendable por el precio que tiene.

Finished all the books. Very clear content. Looking forward to apply the knowledge.

What an amazing resource to the trading community. One of the best all encompassing "single sources" of Wyckoff methodology Ive seen. I have mine beside my computer at all times.

it should be a book of 100 pages and made of 260 pages by lots of gaps and spaces .very basic explanation and similar books freely available on the internet.