A Course in Trading

This was originally a top secret text of 26 lessons for a class on securities trading. Everybody who took this class had to sign a non-disclosure agreement. Eventually, somebody let the document out and copies were made, so it has become available. This work was originally published in 1934 as a year long course in analysis. It was a confidential document available only to subscribers and clients of the Wetsel Market Bureau. It was and is a class consisting of 26 lessons. Technical Analysis is basically the study of stock market trading patterns. Believers who believe in technical analysis believe that just by looking at charts and looking for signs such as double tops or triple bottoms, one can predict the future price move of a stock. The Technical Analysts are not concerned with the “fundamentals”. They often do not even bother to find out what kind of business the company is in whose shares they are trading in. The are interested only in the numbers in the short term. How to get into or out of a stock with a profit on a short term basis.