Studies in Tape Reading, published by Richard D. Wyckoff in 1910, is a classic that laid the foundations of tape reading and of supply and demand analysis. Wyckoff is one of the most respected names in trading history, and many of his ideas remain present in modern volume analysis.
What it is about
The book teaches how to interpret the order flow to anticipate price movements by observing the relationship between volume and progress. Although it was born in the era of the ticker tape, its logic about institutional money activity is directly applicable to modern charts.
Key ideas you will learn
- How to read the relationship between volume and price movement.
- The logic behind the activity of strong or institutional money.
- The importance of discipline and mental control in trading.
File contents: the complete book in PDF, a public domain work. Essential for anyone who wants to understand volume analysis and the Wyckoff method.
View the original book page on Internet Archive (public domain)
