TSAA-SF Monthly Virtual Member Gathering
Special Guests - Eric Cosway and Eric Bielefeld:
Eric Cosway is a seasoned trader who is deeply rooted in the Wyckoff Analytics Method. With over seven years of successful trading experience, Eric has concentrated on long-term trading campaigns, investing, swing trades, and short-term options. His trading approach is shaped by his academic credentials, an MBA, and a BCom, which equip him with a robust understanding of business and financial principles.
Eric Bielefeld is Vice President and Portfolio Manager with Cullinan Associates. He is also a Chartered Market Technician (CMT).
Topic: Trading Options with the Wyckoff Method
Eric Cosway and Eric Bielefeld are our special guests for May. Eric Cosway is a Wyckoff Analytics Method trader. He believes the Wyckoff Method is ideally suited to options trading. In this workshop session he will introduce the powerful edge that Wyckoff brings to the world of options. They will join Mike and Bruce for a discussion of his trading approach and his upcoming course series: ' Using Options Strategies With The Wyckoff Framework'. He will demonstrate some of his favorite techniques and answer questions from the TSAA-SF community. His presentation will be oriented toward beginning and intermediate level experience in Wyckoff and Options trading. Eric Bielefld is an options specialist and will join Eric for this workshop.
Part I: What you already know
Wyckoff Schematic for Re-Accumulation
How the Wyckoff Method seeks to manage risk
Points at which the trader could trade
Sample stock trades at various points in the structure
Risk of stock trades at various points in the structure
Part II: How you could take similar actions with less risk.
How call options can be used to minimize the risk of trading a Wyckoff Reaccumulation
Definition of a call option
Long call example: Conservative risk sizing; worst case scenario; best case scenario
How a swing trade could become a campaign trade
Credit spread example: Conservative risk sizing; worst case scenario; best case scenario
Summary: Manage risk; you don’t have to do 100% of anything; ride the move as long as you have it.
Please note: these monthly gatherings will now be members-only. If you're not already a dues paying members, please join us!
Please join us for our next TSAA-SF monthly gathering of our membership. At these events we celebrate our Technical Analysis Heritage. Each month the members meet and consider the many aspects of T.A. or visual financial data analysis. The programs will profile the charting methods and techniques of our members and guest presenters.
Mike Jones and Bruce Fraser are co-hosts this month.
Zoom link will be sent out to registered attendees. This event is open to dues paying members only.
