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Henry O. Pruden Certificate
of Proficiency in the Wyckoff Method
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5 MANDATORY COURSES
3 ELECTIVE COURSES
Wyckoff Market Discussion (3+ months) - Use Once
Wyckoff Market Discussion (3+ months) - Use Once
A Detailed Look Into Springboards
Back-Testing/Validating Trading Plan (2017)
Beyond Springs And Upthrusts
High Probability Wyckoff Trade Setups
Improving Your Wyckoff Swing Trading Results
Intraday Trading Using The Wyckoff Method
Long-Term Campaigns and Tactical Swing Trades
Momentum, Volume And Price Structure
Point-and-Figure Part III
Practices For Successful Trading
Scan For Success Part 1
Scan For Success Part 2
Swing Trading Using The Wyckoff Method
Trading Technical Analysis Signals
Trust the Process
Upgrading Your Trading Plan (2018)
Wyckoff Market Discussion (3+ months) - Use Once
Wyckoff Market Discussion (3+ months) - Use Once
A Detailed Look Into Springboards
Back-Testing/Validating Trading Plan (2017)
Beyond Springs And Upthrusts
High Probability Wyckoff Trade Setups
Improving Your Wyckoff Swing Trading Results
Intraday Trading Using The Wyckoff Method
Long-Term Campaigns and Tactical Swing Trades
Momentum, Volume And Price Structure
Point-and-Figure Part III
Practices For Successful Trading
Scan For Success Part 1
Scan For Success Part 2
Swing Trading Using The Wyckoff Method
Trading Technical Analysis Signals
Trust the Process
Upgrading Your Trading Plan (2018)
Wyckoff Market Discussion (3+ months) - Use Once
Wyckoff Market Discussion (3+ months) - Use Once
A Detailed Look Into Springboards
Back-Testing/Validating Trading Plan (2017)
Beyond Springs And Upthrusts
High Probability Wyckoff Trade Setups
Improving Your Wyckoff Swing Trading Results
Intraday Trading Using The Wyckoff Method
Long-Term Campaigns and Tactical Swing Trades
Momentum, Volume And Price Structure
Point-and-Figure Part III
Practices For Successful Trading
Scan For Success Part 1
Scan For Success Part 2
Swing Trading Using The Wyckoff Method
Trading Technical Analysis Signals
Trust the Process
Upgrading Your Trading Plan (2018)
SUCCESS
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1/19
2021
Rules Based Trading Plan Rule #1 - Category: Selection
by Frantz Herr

First a word about my post-analysis methodology.  It is the process followed in the Anatomy of a Trade series of YouTube recordings that Roman Bogomazov and I record each week.  You can find them here: https://www.wyckoffanalytics.com/wyckoff-video-blog/

 

The first rule of my Trading Plan was put in place as a result of trades I took last August (2020) in SQQQ, a leveraged ETF that moves inversely to the QQQ’s.  I am not including the chart because the important thing about these trades is that they were not aligned with either of the instruments I normally trade.  I was trading on a whim without any sort of plan.

 

Here is the post-analysis summary:

 

 

The rule that resulted from this post-analysis deals with Selection.  It became my Rule #1.  There are two types of instruments that I am currently trading.  I have a Trading Plan in place for each of them that has involved a significant amount of development, including thorough back-testing.  Having this written rule keeps me from straying from the path.

 

 Rule #1 – Selection – No new position may be taken for any instrument or strategy that does not have a completely developed Trading Plan in place.

 

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Using Post-Trade Analysis to Create a Rules Based Wyckoffian...