Review Wyckoffs early books from the 20s - he amassed significant wealth by trading a small portion of his portfolio and would invest profits into high conviction investments and various security backed bonds. Even though he wrote the book on tape reading he was incredibly self aware of his risk tolerance and simply did the opposite of what the bulk of others did to create his fortune. Granted, simpler times with a only a handful of industries to play in, but the principles haven't changed. I consider those books essential for anyone involved in speculation.
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