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New to the site? This page tells you what we publish, how to navigate it, and where to begin.

Two Things We Do

1. The Wyckoff Deep Dive Course

Richard D. Wyckoff created a system for trading financial assets using a methodical approach grounded in his 45 years in the market. He operated as a professional and felt the public needed to understand how the financial markets work. He created a course for trading based on his methods. The training provided by the course material helps traders build the following skills.

- An understanding of market dynamics
- The ability to analyze markets from an institutional perspective
- Proper trade execution for optimal entry, management and exit
- The mindset needed for trading

We have published a complete, structured course in Wyckoff's method of tape reading -- 43 posts organized across 9 levels, from first principles through execution philosophy. It is based directly on Wyckoff's original Course of Instruction in Stock Market Science and Technique (1931, revised 1937).

Free: The master course index and Level 0 (the founding axiom)
Members: All level index pages (your roadmap through the course)
Paid: All 43 deep-dive posts

2. Market Analysis

We periodically publish strategic reviews for futures, stocks, and options trades. These are data-driven, structured, and built around classic market reading principles.

How the Wyckoff Course Is Organized

The course is a strict dependency chain. Each level requires everything below it. Do not skip levels.

Level 0 -- The Axiom

One post. The single founding premise of the entire method: the tape -- continuous price and volume data -- is the only reliable source of truth about what the market is doing. Everything else is derived from this.

Start with Level 0 ->

Level 1 -- The Three Governing Laws

The three laws that describe how markets move: Supply and Demand, Cause and Effect, and Effort vs. Result. These are not metaphors. They are the analytical foundation for every technique that follows.

Level 2 -- Framework Constructs

The Composite Operator (the model for reading institutional intent), the four market phases, and the chart types and tools Wyckoff used -- including wave charts and point-and-figure.

Level 3 -- Analytical Methods

Six analytical disciplines: trend analysis, volume studies, buying and selling waves, technical position assessment, comparative strength and weakness, and figure chart (point-and-figure) analysis. These are the practical toolkit.

Level 4 -- Campaign Reading

Synthesizing Level 3 methods into campaign intelligence -- understanding what the large operator is doing, where they are in their campaign, and what that means for positioning. Includes absorption detection, stock selection, and the five technical positions.

Level 5 -- Market Maneuvers

The specific named events that appear at phase transition points -- the concrete, chart-visible signals that identify what the operator is doing at each turning point. Level 5A covers bullish (accumulation-side) maneuvers; Level 5B covers bearish (distribution-side) counterparts; Level 5C covers refinements and edge cases.

Level 6 -- Phase Structures

The complete multi-event formations: Accumulation, Mark-Up, Re-Accumulation, Distribution, Mark-Down, and Re-Distribution. This is the full Wyckoff cycle as a unified structure.

Level 7 -- Decision Framework

Converting analysis into decisions: Nine Buying Tests, Nine Selling Tests, stop placement, position management, when to avoid trading, and multi-timeframe coordination.

Level 8 -- Execution Philosophy

The mental and behavioral disciplines required to act correctly under uncertainty: market philosophy, paper trading, managing hope and fear, and avoiding overtrading and poor position sizing.

Where to Begin

If you are new to Wyckoff, start at Level 0 and work forward in sequence:

-> Wyckoff Deep Dive: Complete Course Index