Markets rarely move in straight lines. Instead, they spend long stretches trading sideways in what Wyckoff described as accumulation (when large players are building long positions) or distribution ...

So writes Richard Wyckoff, the legendary trader who in the 1930s wrote a manifesto that gained him a cult following on Wall Street. His 1931 book, "The Richard D. Wyckoff Method of Trading and ...

While they may have perfected the trading strategies that use retail investors as patsies to enhance their profits, Wall Street titans like Goldman Sachs Group Inc. (NYSE: GS) and JPMorgan Chase & Co.