The Quotable Wyckoff

Trading

Posted on June 20th, 2009

Written by Richard

Related Posts
Tags
quotes
“It is just as important to study the small lots as the large lots. The smaller quantities are like feathers on an arrow — they indicate that the business part of the arrow is at the other end.”

This entry was posted on Saturday, June 20th, 2009 at 12:03 pm and is filed under Trading. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
2 Comments

Take a look at some of the responses we've had to this article.
1. Zoomie
  
  Jun 20th
  Reply
  
  Wow. Did that quote inspire the big trader indicator?
2. Richard
  
  Jun 21st
  Reply
  
  Nah, I’m only just now reading the Wyckoff book.
Leave a Reply

Let us know what you thought. Click here to cancel reply.
Name (required):

Email (required):

Website:

Message:

All information contained in the Move the Markets website is for educational purposes only. Move the Markets makes no guarantee that you will become a successful trader, even with the best education, guidance, technology and tools. Move the Markets does not make any trading recommendations, and nothing presented here should be construed as such. You are responsible for all of your trading activities, including any resulting losses. You should consult your broker or financial advisor before placing any trade. Move the Markets assumes no responsibility for your trading and investment activities or results.

U.S. Government Required Disclaimer - Commodity Futures Trading Commission. Futures and options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results.

CFTC RULE 4.41 - HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

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

Move the Markets