Hello, I’m Jim Wyckoff, the proprietor of the Jim Wyckoff on the Markets analytical, educational and trading advisory service.
My mission is to help you become a more successful trader. To do that, I provide ongoing educational features in my bi-weekly newsletter, as well as market information and trading ideas that are straightforward and easy to understand.
My reports are a “must-have” futures market and educational guide for you. Most of you are seeking trading and market knowledge, and I will provide it. Those of you who have read my features know that I communicate ideas and sometimes-difficult concepts very clearly, so that even beginners can understand them.
For Veteran Traders
You will receive the fresh trading ideas and that second opinion that you many times seek. Also, you may just get some needed refreshers on certain topics.
For All Traders
I will alert my subscribers to likely price trend changes, key technical developments, and the futures markets that look most promising regarding potentially profitable trading opportunities.
Many of you have asked about my background and market philosophy, so I’ll provide a brief account below.
I have spent more than three decades involved with the stock, financial and commodity futures markets. I was a financial journalist with FWN for many years.
I cut my teeth as a reporter on the rough-and-tumble commodity futures trading floors in Chicago and New York, covering every futures market traded in the U.S., at one time or another. I also covered many international markets, as well.
It didn’t take me long to realize the successful traders in every market—be it pork bellies, Treasury bonds or stock index futures—had a common thread among them: Nearly all relied on technical analysis to give them a trading edge.
My Most Important Market Analysis and Trading Tenets
- Like success at any other job, successful market analysis and trading require hard work. There are no short-cuts. Traders, do your homework before initiating any trade.
- Basic technical and market analysis and trading strategies work best. I have read the classic technical analysis books and talked face to face with the best trading professionals in the world. Most agree that, as my friend Stewart Taylor says, “Simple is simply better” when it comes to employing successful trading strategies. Don’t confuse simple strategies with easy trading. Simple trading methodologies still require a lot of preparation and work. All the neural networks and powerful computer trading programs in the world won’t compare to a good, basic and well-researched trading plan.
Feel free to contact me with your questions and comments. I’d love to hear from you!