Wyckoff Stock Market Institute

Originally founded in 1931 by famous technical trader Richard D. Wyckoff, Wyckoff Stock Market Institute has been the leader in teaching the art of Technical Trading for the past 85 years. With thousands of traders having chosen to learn at Wyckoff SMI for its proven trading techniques and invaluable proprietary market indicators, you can rest assured choosing Wyckoff SMI to help you become a better investor or trader is a great choice!

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Discover the technical trading tools and techniques that have helped successful traders master the markets for over 85 years!

“Presenting the secret trading strategy from the 1930’s that hedge fund managers don’t want YOU to know about!”
Click here to read the full article on BusinessInsider.com

Stocks & Commodities listed Richard Wyckoff as one of “The Titans Of Technical Analysis”. He shares this distinction with the likes of Charles Henry Dow, R.N. (Ralph Nelson) Elliott & Arthur A. Merrill
Click here to read the full article by Stocks & Commodities

Richard Wyckoff was one of the most influential and successful trader in stock market history. His technical trading strategies & techniques have withstood the tests of over 90+ years of changing markets. They are as valid today as they were in 1930, when he developed the Stock Market Science and Technique Course.

The Wyckoff strategies and techniques teach technical traders to read the markets, and discover what and when the professionals are buying and selling.
By analyzing the price movements and related volumes, Wyckoff traders can discover when large interests are accumulating or distributing a particular stock. This allows them to take a position just before the stock is ready to move.

The Wyckoff Stock Market Institute website is filled with information to help the technical trader become more successful. Discover the Wyckoff Wave, a stock market index consisting of market leaders, and is extremely sensitive in forecasting market direction and changes.

The Wave is constructed from the following stocks: T, BAC, BA, BMY, CAT, XOM, DD, GE, F, IBM, UNP and WMT. These stocks are analyzed in five minute intervals and up and down waves are developed. These waves which also include the price action and volume during those brief up and down market swings, provide the data for the important Wyckoff SMI indicators that make up the OP Index, Force, and Technometer. These are the tools you must utilize to successfully trade in the stock market.

Learn The Wyckoff Trading Method Online!


Start learning the Wyckoff Trading Method today by signing up for our Wyckoff Unleashed Online Course!

Learn the best way to Trade The Wyckoff Method while learning to utilize the latest Wyckoff SMI Indicators (OP. Force & Technometer). These indicators only available at Wyckoff SMI are the secret to mastering the Wyckoff Trading Method in todays markets.

Our online course includes
  • Over 40 Lessons & Quizzes
  • 8 Hours of Audio Lectures
  • Over 100 Full Color Lesson Charts
  • 90 Days Free Access To Our Online Charting Software
  • Wyckoff Unleashed Course Book (Over 600 Pages Of Wyckoff Information)
  • Access To Our Course Educators To Answer & Help With Any Issues Or Questions You May Have
  • Certificate Of Completion Once You Have Completed The Online Course
Coming Early November 2016!

Access Our Pulse Of The Market Charting Software

Join our Pulse Of The Market Charting Membership today and get exclusive access to the #1 tool world class investors are trying to keep a secret! Our world class Pulse Of The Market charting software includes our proprietary indicators the OP, Force & Technometer that can be found no where else in the world. These indicators will allow you to gain the edge you need to accurately determine market direction like no other tool in the world does. Our Pulse Of The Market charting software also allows you to monitor the markets with 5 minute updates through out the day. Click here to learn more!

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Awesome Features Of Our Charting Membership!


Get Trade Ideas Straight From Our Chief Strategist

If you join our Wyckoff SMI Pro Trader Membership you will receive access to our Stock, ETF & Bond model portfolios. These model portfolios are constructed by Todd Butterfield, Chief Strategist and President of Wyckoff SMI.

Click Here To Learn More About Our Pro Traders Membership


Todd W. Butterfield
President | Chief Strategist
Wyckoff Stock Market Institute

Currently managing the BlackBay Blended ETF Strategy, 149.94% incept Jan. 1, 2010. It has achieved a 16.06% annual return versus the S&P 500 of 9.98%, with 30% less risk.

SMI certificate

In 1982, Mr. Butterfield graduated from the Wyckoff Stock Market Institute and was anxious to put his knowledge to the test. Mr. Butterfield decided to enter the U.S. Investment Championship’s real money competitions to prove that he was able to compete. The first one he entered he placed 12th in the nation, and every competition he entered over the years has been listed below. Mr. Butterfield began his professional career in 1984, as a Professional Stock, Option, and Commodity Trader with Rialcor Shatkin, Chicago, Illinois. In 1990, he registered as a Commodity Trading Advisor with a very successful 4 year track record. In 1991, he became a Financial Consultant for Smith Barney, Quincy, Illinois. At the beginning of 1997, Mr. Butterfield founded Butterfield Capital Advisors/Butterfield Futures. As a Registered Investment Advisor, he could offer fee-based investment advice to his clients, and as an IB he could offer futures brokerage services. In 2011, he formed The BlackBay Group, which encompasses BlackBay Capital Advisors (RIA) and BlackBay Futures Group LLC (GIB). BlackBay Fund Management LLC, was formed in 2013 to launch the BlackBay Blended Strategy Fund LP, a hedge fund for accredited investors.

“12th in the Nation”, 31.9% (Feb 1-June 1), 85 Entrants, Futures Division, U.S. Investment Championship, 1984. Click here to view Barrons rankings.
Todd achieved a 79.8% average annual return, Commodity Trading Advisor 1987-1990 Click here to view Disclosure Document
In 1992, Todd Butterfield placed 9th in the U.S. Investment Championship $50,000+ “Stock Division” & 17th in the “Mutual Fund Switching Division”. Click here to view Barron’s rankings.
In 1993, Todd placed 4th in the Money Manager Verified Ratings “Low Risk Division” with a 28.1% return. ($1 Million-Plus Portfolio) Click here to view Barrons rankings
Todd placed “2nd in the Nation”, Money Manager Verified Ratings, 1st quarter, 1994.
In the 12 months ending 6/30/00, placed 2nd in the nation, Moni Research