The Wyckoff Method is a trading and investment strategy developed by Richard D. Wyckoff in the early 20th century. It focuses on understanding market trends and the behavior of large institutional investors, known as "smart money." The method emphasizes the analysis of price movements and volume to identify potential buying and selling opportunities. Central to the Wyckoff Method are three main laws: the Law of Supply and Demand, the Law of Cause and Effect, and the Law of Effort vs. Result. Traders use these principles to assess market conditions and make informed decisions, aiming to align their trades with the actions of larger market participants.