Richard D. Wyckoff was one of history’s great investment minds. His teachings/methods are as pertinent today for savvy traders and deep-thinking investors as they were in the early 20th Century.
As we’ve stressed and illustrated herein (and experienced) for years, the great mistakes investors make are of the nerves:
“Rigid self control is half the battle… You must operate with no emotions whatsoever … until you can learn to trade and invest without hope or fear you will not meet with all the success you should.”
Richard D. Wyckoff
The common investor missteps we featured in our August 5 charts of the day: