Roman Bogomazov and Bruce Fraser have created a new webinar series to help traders and investors adopt or refine habits – psychological and analytical – needed to acquire mastery of the Wyckoff Method of trading. Anyone who has been trading for more than a few months knows how normal human emotions can lead to self-sabotage and trading losses. The “smart money” (or in Wyckoffian terms, the Composite Operator) extracts enormous profits from retail traders by exploiting these emotions and forcing behavioral errors. Without appropriate attitudes and habits, even traders skilled in chart analysis can often be wrong-footed by large market operators.
However, through our many years of trading and teaching, Bruce and I have identified and distilled critical mental practices and behaviors that can help traders decisively put the odds back in their favor. We would like to share our insights with you in these two webinars, and will discuss:
- Beliefs: Traders’ beliefs about trading and the Wyckoff Method and how their beliefs affect their results
- Routines: The central importance and key elements of any Wyckoff trader’s routines (we will be presenting what we do)
o Pre-trade analysis
o Trade analysis and management
o Post-trade analysis
- Correcting behaviors:
o Identification of common behavioral mistakes in trading
o How to recognize and correct those mistakes both in real time and in subsequent trades
- Letting trades come to you:
o Learning to let the market set itself up for a trade
o Patience, meditation, and other spiritual practices in trading
- How to practice:
o As in music, sports and other areas, success in trading depends not just on how much, but on how well you practice.
o Deliberate practice: quantitative and qualitative approaches to trading practice
- Creating your own ecosystem for successful trading!
These webinars are primarily designed to help intermediate and novice traders establish attitudes, habits and routines necessary for continuous improvement and success in the markets. Please join us!
Roman Bogomazov is an internationally recognized expert on the Wyckoff method of trading and investing. He is an Adjunct Professor at Golden Gate University in San Francisco, where he teaches the Wyckoff method as well as trading plan development, back-testing and trading performance. Roman is also a Principal and instructor at wyckoffanalytics.com, an enterprise dedicated to providing online Wyckoff Method education to traders throughout the world. He has been an active trader of stocks and futures for twenty years.
Bruce Fraser has been teaching graduate courses in Technical Analysis at Golden GateUniversity since 1987. Along with Dr. Hank Pruden, he has developed curriculum for and taught many courses in the Technical Analysis Graduate Certificate Program, including Technical Analysis of Securities, Strategy and Implementation, Business Cycle Analysis and the Wyckoff Method. Bruce has been a devoted Wyckoffian for the past 35 years, using this method as the foundation for his trading and investing. He continues to enjoy team teaching Wyckoff courses with Dr. Pruden. Bruce publishes a popular educational blog at StockCharts.com entitled “Wyckoff Power Charting”.