Studies in Tape Reading
$13.78
First published in 1910, Studies in Tape Reading by Richard D. Wyckoff is one of the foundational texts of modern technical analysis — a landmark work that transformed how traders read price, volume, and market psychology. Far ahead of his time, Wyckoff turned the ticker tape into a scientific instrument, teaching readers how to interpret supply and demand directly from market action.
Through case studies and live examples, Wyckoff demonstrates how the seemingly random movement of prices conceals a story of accumulation, distribution, and professional manipulation. He explains how to read the “tape” — the continuous stream of transactions — to detect the intentions of large operators and align with them. Rather than relying on charts or indicators, this book teaches traders to recognize the footprints of smart money and act with precision and timing.
For more than a century, Studies in Tape Reading has remained essential reading for price action traders, market profile analysts, and professionals who understand that the true market story is written not in forecasts, but in the rhythm of the tape itself.
✅ What You’ll Learn:
- How to read the tape and interpret the relationship between price, volume, and momentum.
- The art of identifying accumulation and distribution phases in real time.
- How professional operators camouflage their buying and selling — and how to detect their footprints.
- The principles of market campaigns, including timing, position building, and liquidation.
- How to develop the trader’s judgment, patience, and focus required to profit from subtle shifts in supply and demand.
- The mental discipline and emotional control necessary to act decisively without fear or hesitation.
💡 Key Benefits:
- Learn directly from one of Wall Street’s greatest educators and technicians.
- Develop the ability to see behind market noise and recognize true professional activity.
- Build a methodical, observation-based trading process grounded in real tape behavior.
- Strengthen your intuition and market feel through authentic Wyckoff principles.
- Discover how to trade with confidence, timing entries and exits precisely.
👤 Who This Book Is For:
This book is a must-read for price action traders, Wyckoff students, and professional scalpers who want to refine their ability to read market intent directly from price and volume. It also benefits newer traders seeking to move beyond indicators and develop genuine market understanding.
If you follow modern tape reading, order flow, or volume analysis — this is where it all began.
📚 Table of Contents:
- Introductory
- Preliminary Suggestions
- The Stock List Analyzed
- Stop Orders, Trading Rules, Etc.
- Volumes and Their Significance
- Market Technique
- Dull Markets and Their Opportunities
- The Use of Charts as Guides and Indicators
- Daily Trades vs. Long Pull Operations
- Various Examples and Suggestions
- Obstacles to be Overcome-Possible Profits
- Closing the Trades-Suggestions for Students
Studies in Tape Reading By Rollo Tape And Richard D. Wyckoff
| Author(s) | |
|---|---|
| Product Type | Ebook |
| Format | |
| Skill Level | Intermediate to Advanced |
| Pages | 190 |
| Publication Year | 1900 |
| Delivery | Instant Download |
12 reviews for Studies in Tape Reading
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Adelynn Francis (verified owner) –
Timeless, easy-to-digest advice. All of this still applies in todays markets.
Thoroughly enjoyed reading this and one of the best old trading books.
Kendall Flynn (verified owner) –
The publication of the book lacks a bit of affection. But what matters is the content, and it’s excellent, as Wyckoff had so much market knowledge 100 years ago and it seems that some of that knowledge was lost in the midst of so many graphic theories of technical analysis.
Zola Morris (verified owner) –
Material in this book is a century old. If you like to read books or tape reading of Jesse Livermore or traders of the period, this book is a good insight.
Emelia Giles (verified owner) –
Great book!
Rayden Friedman (verified owner) –
Interesting reading if only for the history of it. Did not manage to pick anything that would be applicable to today’s markets unfortunately. I would suggest that people interested in tape reading continue looking.
Alina Cooper (verified owner) –
Thanks
Martha Castaneda (verified owner) –
How many stars? At least 5
Kyler Barrett (verified owner) –
The study of price as it relates to volume is IMO the most necessary info to know in trading. Wykoff is the father of such studies and he hasn’t been inproved on except in charting technology. However charting has greatly improved in it’s ability to pinpoint where volume enters the market. Therefore, RW’s pictures of tape readings and exhortations to record time and sales can be passed over in lieu of volume histograms.
Great bang for the buck.
Aspyn Valdez (verified owner) –
The more things change the more they stay the same. A wonderful read when you have traded for a while to see that nothing has changed
Layne Gilbert (verified owner) –
Ok, first off, this book isn’t that great in the first place. There were a couple of good trading tips but nothing earth shattering.
Harvey Hicks (verified owner) –
This book is a very good addition to ones trading library. I liked it so much, that after reading it, I ordered all the other books by Richard Wyckoff available on Sacred Traders.
These books from the early 1900s reinforce the idea that there’s nothing new in the markets. Nowadays you hear a lot of howling that GS or the Fed manipulates the markets and the little guy has no chance in making any money trading. Well, just do a search for the words ‘manipulator’ and ‘manipulation’ in this book. 🙂
Collin Moyer (verified owner) –
This is the book that begin it all for me. It got me into reading price and volume together and introduced me to how accumulation and distribution are conducted.