6W01 / 06
Bias
Above the 50-period average the bias is long. Below it, short.
Method
One Read Across Six Timeframes
Every trade is read top down. Price and volume lead, and moving averages are used only as reference levels where price pauses. The higher timeframe sets the context, and a lower one only gets a say when it agrees.
W02 / 06
Context
Price in a trend, with a clean and strong mark-up.
D03 / 06
Setup
A clean pause on the 5 and 10, or on the 20-period average.
65m04 / 06
Momentum
A large candle breaking with momentum, often at the open, shows the strength to carry the move.
6m05 / 06
Pattern Within The Pattern
A second pause on the averages after a strong impulse, to anticipate the daily move with better risk-reward.
1m06 / 06
Entry
The entry is taken on the tight accumulation that follows the 6-minute re-accumulation.
↓ Context flows down. Permission never flows up.
Strategy
One Strategy, Run Like A Desk
One discretionary strategy, applied to liquid US equities and to indices, metals and commodities. Both are currently in funded evaluations, run on the same read and the same risk policy.
Wyckoff Intraday
US equities · In evaluationDiscretionary day trading on price and volume, read top down across six timeframes. Continuation after a re-accumulation, in trending markets only.
- Risk per trade
- 0.25%
- Daily loss limit
- 0.75%
- Drawdown review
- 10% from high
- Record
- Since Oct 2026 · evaluation
- Since inception
- Maximum drawdown
Past performance is not indicative of future results.
Wyckoff Multi-Asset
Indices & commodities · In evaluationThe same read applied to stock indices, metals and commodities, traded inside a funded evaluation program.
- Status
- Funded evaluation
- Method
- Same six-timeframe read
- Risk rules
- Same policy
- Record
- Since Oct 2026 · evaluation
Results are published with the program's own confirmation.
Live Trades
The Latest Trades, As Posted
Every trade is posted on X at the moment it is taken. These are the most recent, with the result in R once closed.
Risk Framework
Risk Is Defined Before The Trade
These limits apply to every account I trade. They are written as policy, not as guidelines, and a trade that breaks one is logged as a mistake whatever it returns.
| Parameter | Limit | How it is applied |
|---|---|---|
| Risk per trade | 0.25% of equity | Sized on the current balance, updated after every trade, so risk compounds with the account. |
| Stop management | Breakeven at 1R | Once a trade reaches one times its risk, the stop moves to the entry price. |
| Concurrent positions | Two, typically | Margin rarely allows more than two open trades at the same time. |
| Liquidity filter | 1M shares per session | Only names trading at least one million shares in the session, with a clean one-minute chart and no gaps between bars. |
| Setup | One structure | Continuation after a re-accumulation. No entry while price is still inside the range. |
| Market context | Trending markets only | No trades when the higher timeframes are not trending. A trade taken out of context is logged as a mistake. |
| Capacity | Timeframe scales with size | When liquidity becomes a constraint, entries move from the one-minute to the 65-minute and then the daily chart, on names trading 60 to 70 million shares a day. |
Limits as of October 2026. Changes are published in The Ticker the month they take effect.
The Difference
Where The Process Stands Apart
The questions an allocator asks, answered for a typical retail trader, for my process and for a professional trading desk.
Retail trader
- InputsOscillators and signal services
- Risk per tradeChanges trade to trade
- RecordWins posted, losses deleted
- VerificationNone
- After a drawdownA new strategy
My process
- InputsPrice, volume and averages, six timeframes
- Risk per trade0.25% of equity, by policy
- RecordEvery trade published live
- VerificationLive log, statements, evaluations
- After a drawdownA published review at 10%
Trading desk
- InputsResearch team and models
- Risk per tradeSet by a risk manager
- RecordAudited monthly reporting
- VerificationAdministrator and auditor
- After a drawdownRisk committee review
Operating Principles
The Rules Behind Every Trade
- 01
Price first
Price and volume make the decision. The moving averages only show where price pauses.
- 02
Top-down cascade
The higher timeframe sets the context. A lower one only confirms it.
- 03
Process over P&L
A profitable trade that broke the rules still counts as a mistake.
- 04
Full disclosure
Losing weeks are published like winning ones. A record is only useful if it has both.
Publications
Published On A Fixed Schedule
Six recurring formats on YouTube. Each one documents a different part of the process, and each is named after a piece of Wyckoff's work.
Swipe to see all six →
Founder
Alessio Puccio
Independent day trader based in Venaria Reale, near Turin. Studying the markets since 2017, full time since 2021, and trading the current Wyckoff-based strategy since 2022, with a public record since October 2026. No fundamental analysis and no finance degree. The objective is The Island Partner, a trading desk run on the same process. The record is meant to make that case.
Roadmap
From Evaluations To A Desk
The objective is a trading desk run on one repeatable read of supply and demand, built without a finance degree or fundamental analysis. This site is the paper trail.
✓
2017 – 2022Finding A Method
Years of testing everything, then a full commitment to Wyckoff.
02
NowFunded Evaluations
Two challenges in parallel, one on US equities and one on indices, metals and commodities.
03
NextThe USIC
The United States Investing Championship, as public proof of the approach.
04
The GoalThe Island Partner
A trading desk run on the same process you watch every day.
The Ticker
A Monthly Report On The Record
On the first weekend of every month: monthly R, the equity curve, max drawdown, the rule breaks and what I'm changing. Named after the magazine Richard Wyckoff founded in 1907.
- Monthly R, equity curve and maximum drawdown
- Rule breaks, and what changes the following month
- One note from the research desk
The TickerNo. 1
First episode: the first weekend of the month.
Subscribe On YouTube →Subscribe to the channel to get it the day it's out.
FAQ
Questions From Allocators
Is this an offer to invest?
No. I don't manage outside capital and nothing on this site is an offer to buy or sell a security or to manage money. The Island Partner is a planned project, not an authorised fund or investment firm.
How is the track record verified?
Every trade is posted on X when it is taken. Monthly account statements from the evaluation provider are available on request, broker statements follow once real capital is traded, evaluation results are published with the program's confirmation, and independent verification is planned once the record is long enough to be meaningful.
Is the record on real capital?
Not yet. Since October 2026 the record runs on prop-firm evaluation accounts: real-time market conditions with simulated capital. The funded record starts when each evaluation is passed and is reported separately, labeled by stage.
What happens in a drawdown?
Three losing trades end the session, which caps a day at 0.75% of equity. At 10% below the equity high, every trade since that high is checked against the process and the review is published in The Ticker.
What is on the chart, and why no fundamentals?
Price and volume, plus the 5, 10, 20 and 50-period moving averages. The averages are not signals: they are reference levels that show where price pauses, and the 50 on the six-week chart sets the long or short bias. Oscillators and fundamental data are not used. The read is top down across six timeframes, so the context is set before any entry is considered.
What markets, and how does the process scale?
Liquid US equities, plus indices, metals and commodities, intraday, both currently in funded evaluations. As size grows, entries move from the one-minute to the 65-minute and then the daily chart, on names trading 60 to 70 million shares a day.
How can I follow the work or get in touch?
Live trades are on X, research and the monthly review are on YouTube, and allocators and prop desks can reach me on LinkedIn.
Contact
Start A Conversation
I read every message. Choose the channel that fits the reason you are writing.
Allocators & Prop Desks
If you run capital or a funded program and want to follow the record, start a conversation on LinkedIn.
Alessio Puccio on LinkedIn → Follow the live trades on X →Collaborations & Press
Podcasts, interviews, joint research or speaking about the Wyckoff method and building a desk without a degree.
Message on Instagram →Questions On The Method
Ask under the video it relates to. The answer helps the next person with the same question too.
Comment on YouTube →Press Kit
For podcasts, interviews and features
Alessio Puccio is an independent day trader based near Turin, Italy, and the founder of The Wyckoff Trader. He has studied the markets since 2017, full time since 2021, and trades a Wyckoff-based, multi-timeframe process on US equities, indices, metals and commodities. His public track record began in October 2026 on prop-firm evaluation accounts, and every trade is published as it happens. His objective is to build a trading desk without a finance degree.