Trading Journey

Jack started investing nearly 10 years ago. Although he has become a consistently profitable trader, that was not always the case. The ups and downs, wins and losses, good experiences and bad, have all bought him to the place he is today.

Jack’s journey started with buying stocks he saw being tipped in share magazines and online forums, which, in hindsight, is not a good place to receive investing ideas. Following many unsuccessful trades, Jack’s interest was sparked as to why he kept losing money. His competitive nature kept him up long into the nights as he started to study the stock market and different investing strategies.

At first Jack learnt about fundamental investing. He began understanding the importance of key metrics like increasing revenue and profits, and a solid balance sheet. He spent many hours studying the legends of fundamental investing, such as Warren Buffett and Benjamin Graham – author of ‘The Intelligent Investor’.

Jack began to buy companies displaying strong fundamentals. The results were hit and miss. Jack was frustrated why a company’s share price would decline after he had spent many hours doing careful research and the prospects for that company looked promising.

The question Jack asked himself was “surely there is a better way to time entries and exits on trades?”
Jack Corsellis

Wyckoff Methodology

His question led to discovering technical analysis and he was shocked at this whole new world that had opened to him. He spent countless hours and sleepless nights studying technical analysis. Many famous books were studied page by page such as William O’Neil's 'How to Make Money in Stocks', Mark Minervini's 'How to Trade like a Stock Market Wizard' and many others. Jack’s library consists of over 500 books related to the stock market, psychology, and business.

During Jack’s study of technical analysis, he began reading about Richard Wyckoff who was a successful stock market operator in the early 1900’s. Wyckoff’s methodology was built on the foundations of understanding what the ‘smart money’ was doing.

To learn about this Wyckoff personally interviewed many of the trading greats, such as Jesse Livermore and J.P. Morgan. By being able to analyse the smart monies action on ‘the tape’ (price chart) Wyckoff was able to follow along with “pleasure and profit”.
Richard Wyckoff

"It long ago occurred to me that success in the security market demanded an understanding of the operation of those who were most influential, because these interests had been studying the business and operating in the market for many years and were therefore experts. It was sound reasoning to suppose that a knowledge of the principles which they used in their market operations would enable one to detect their thumbprints on the tape and to follow with pleasure and profit. "

Richard D Wyckoff

Jack started to study day and night and learnt everything about the Wyckoff methodology. He is now regarded as one of the world’s leading Wyckoff methodology educators.

After many years of studying Jack had a lightbulb moment when he read the following quote from Richard Wyckoff.
Wyckoff Price Cycle Accumulation Distribution Stocks

"Three men came to Wall Street. The first always knew what was the best buy. The second knew why it was the best buy. But the third knew neither of these things; he only knew when to buy. He made the most money."

Richard D. Wyckoff

JackCorsellis.com

Repeatable Optimal Trading Strategies

It was as though everything Jack had learnt about the stock market until this point became clear. How can he focus on the when to buy part of stock market investing and trading? The question he now asked himself was “what is the optimal repeatable entry point when buying stocks?”.

This question led Jack to evolve Richard Wyckoff’s work - to develop his own three optimal repeatable entry points and study other key areas of investing such as optimal position sizing and risk management strategies.

Jack now shares his expert knowledge with his growing members base through courses and his stock market watchlist.