Wyck Analytics – Practices for Successful Trading Establishing Routines and Correct Mental Habits
Adopt or refine the habits – psychological and analytical – needed to acquire mastery of the Wyck 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 Wyckian 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.
Through many years of trading and teaching, Roman Bogomazov and Bruce Fraser have identified and distilled critical mental practices and behaviors that can help traders decisively put the odds back in their favor.
What You’ll Learn In Practices for Successful Trading Establishing Routines and Correct Mental Habits?
Beliefs: Traders’ beliefs about trading and the Wyck Method and how their beliefs affect their results
Routines: The central importance and key elements of any Wyck trader’s routines (including examples of what we do)
Pre-trade analysis
Trade analysis and management
Post-trade analysis
Correcting behaviors
Identification of common behavioral mistakes in trading
How to recognize and correct those mistakes both in real-time and in subsequent trades
Letting trades come to you
Learning to let the market set itself up for a trade
Patience, meditation, and other spiritual practices in trading
How to practice
As in music, sports and other areas, success in trading depends not just on how much, but on how well you practice.
Deliberate practice: quantitative and qualitative approaches to trading practice
About Instructors
Roman Bogomazov is a trader and educator specializing in the Wyck Method of trading and investing, which he has taught for more than ten years as an Adjunct Professor at Golden Gate University and as the principal instructor at WyckAnalytics.com. He is the founder and President of Wyck Associates, LLC, an enterprise providing online Wyck Method education to traders throughout the world (www.wyckanalytics.com).
Using WyckAnalytics.com as a thriving trading community platform, Roman has developed a comprehensive educational curriculum covering basic to advanced Wyck concepts and techniques, as well as visual pattern recognition and real-time drills to enhance traders’ skills and confidence. A dedicated and passionate Wyckian, he has used the Wyck Method exclusively for his own trading for more than 25 years. Roman has also served as a Board Member of the International Federation of Technical Analysts and as past president of the Technical Securities Analysts Association of San Francisco.
Bruce Fraser, an industry-leading “Wyckian,” began teaching graduate-level courses at Golden Gate University (GGU) in 1987. Working closely with the late Dr. Henry (“Hank”) Pruden, he developed curriculum for and taught many courses in GGU’s Technical Market Analysis Graduate Certificate Program, including Technical Analysis of Securities, Strategy and Implementation, Business Cycle Analysis and the Wyck Method. For nearly three decades, he co-taught Wyck Method courses with Dr. Pruden, and has also used this approach to the markets as the foundation of his own trading for over 35 years.
Bruce publishes a widely read blog at StockCharts.com, entitled “Wyck Power Charting” and co-hosts the popular, online weekly Wyck Market Discussion. Bruce has taught numerous special topic courses at Wyck Analytics including Point-and-Figure Charting Part 1, Part 2 and Part 3, Point-and-Figure from Stocks to Cryptos, Practices For Successful Trading, Conversations With Wyck Wizards and the Basic Charting Course. Bruce has also presented at the Best of Wyck Online Conferences in 2017, 2018, 2019, 2020 and 2021.
