Tom Wlliams’s: The Undeclared Secrets that Drive the Stock Market

Description

Tom Williams’s book, The Undeclared Secrets that Drive the Stock Market , is one of the best techinical trading books on adapting the classic work of Richard Wyckoff to today’s markets. He has expanded the Wyckoff trading method and developed the VSA trading method, the principles of which were based on the Wyckoff principles.  Tom would often say, “When supply (or demand) comes into the market, it doesn’t just go away.”  This is a crucial concept that few traders seem to grasp.  Tom shows precisely how to read the presence of supply or demand that occurred in the recent past and that will influence current and near-future price.  Few traders know how to see this let alone understand it, but what an edge it provides when you can see it!

Dr. Gary details how Tom approached the markets, and how he used the Wyckoff principles to effectively trade the markets.  Tom approached Wyckoff a little differently from that of David Weis.  Tom emphasized background and what happened in the recent past and how that will likely affect coming price action.  This is really useful, as it helps complete the picture, giving you a deep understanding of what’s actually happening and the confidence to pull the trigger when other traders are trying to figure out whether to go short or long.  Dr Gary brings alive Tom’s approach and explains how to utilize the principles behind Wyckoff’s work and make effective trades with this method.

In this series, Dr. Gary Dayton will walks you through Tom Williams’s work, concept by concept, detailing all the elements that made Tom Williams the greatest modern proponent of the Wyckoff Method.

Dr. Gary’s in depth review and teaching of Tom Williams’s book has 5 recordings, each is 1.5 hours long.

This is part of the Ultimate Wyckoff Teaching Series, which include

1. Richard Wyckoff’s Case History of the New York Time Average of 50 Stocks in 1930-31
2. David Weis’s book: Trades About to Happen
3. David Weis’s 2 chapters on bond futures in the book: Chartng the Market: the Wyckoff Method
4. Tom Williams’s book: The Undeclared Secrets that Drive the Stock Market