Education

What composite man will do with Inflation Data Tomorrow???

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Wyckoff introduced the concept of the "Composite Man" as a heuristic tool to comprehend price fluctuations in both individual stocks and the overall market. According to Wyckoff, all market fluctuations should be viewed as if they are the actions of one person, the Composite Man, who controls the market behind the scenes. If traders don't understand his tactics, they will lose money, but if they do, they can make substantial profits. Wyckoff suggested that traders should follow the Composite Man's strategy and actions, regardless of whether market movements are real or artificial. By studying the stock charts of individual companies, traders can identify the motives of large operators who control the market. With sufficient practice and expertise, traders can learn to decipher the behavior of the Composite Man and profit from early trading and investment opportunities.

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Moshkelgosha

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