The best summation of market behavior!

“…all the fluctuations in the market and in all the various stocks/securities should be studied as if they were the result of one man’s operations. Let us call him the Composite Man, who, in theory, sits behind the scenes and manipulates the stocks to your disadvantage if you do not understand the game as he plays it; and to your great profit if you do understand it.” Wyckoff

This was written/said close to 100 years ago, since then markets evolved and now we are able to identify “HIM”! Only it’s not “HIM”, it is more like “THEM”

  1. Market makers
  2. Smart Money
  3. Liquidity/Stop loss hunting algos

If one does not get this – problem! If one does get this, question is what is the solution? Learn! There are numerous legitimate schools of thought/trading, which ultimately do the same thing, only call it differently. In my opinion, the most honest, simplest way to describe it – TREND/MOMENTUM TRADING! I teach how to identify a meaningful trend and how to continuously be on the right side of the market.

submitted by /u/RonPosit to r/FuturesTradingNQ
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