![]() ![]() “…all the fluctuations in the market and in all the various stocks should be studied as if they were the result of one man’s operations. Who is the Composite Operator / The Composite Man?: One tool that Wyckoff provides is the concept of the Composite Operator, another is Volume based analysis. Wyckoff offered a detailed analysis of the "trading range", a posited ideal price bracket for buying or selling a stock. Wyckoff also has techniques he believed offered advantages when markets were rising or falling (bullish and bearish). Wyckoff's research claimed many common characteristics among the greatest winning stocks and market campaigners of the time. From his observations and interviews with those big-time traders, Wyckoff codified the best practices of Livermore and others into laws, principles and techniques of trading methodology, money management and mental discipline. He observed the market activities and campaigns of the legendary stock operators of his time, including JP Morgan and Jesse Livermore. ![]() Wyckoff was an avid student of the markets, as well as an active tape reader and trader. He also founded and, for nearly two decades wrote, and edited The Magazine of Wall Street, which, at one point, had more than 200,000 subscribers. Afterwards, while still in his 20s, he became the head of his own firm. At age 15, he took a job as a stock runner for a New York brokerage. Richard Demille Wyckoff (Novem– March 7, 1934) was considered one of the five “titans” of technical analysis, along with Dow, Gann, Elliott and Merrill. Read more about the Crash in 2021: Who is “Wyckoff”?:
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