Predictions from a prominent Elliottician made in 1988: https://www.neowave.com/downloads/articles/StockMktForecastto2060byGlennNeely.pdf I guess there is no need to subscribe to his service since you now know the exact future.
one of my trading coaches (a hopeless unsuccessful trader) did something similar to this. He drew thousands of indicators until we could hardly see the candlesticks. He drew all sort of lines, fans, circles, triangles, rectangles, waves, eggs, fans, zig zag lines, radiant lines, up down left right arrows etc etc etc He has disappeared from the face of this earth.
a trader who was a former pilot would probably draw lots of circles on the trading chart. And he would add airport runway too ( parallel trend lines / channel )
I don't think about them. Since some people can successfully trade using random entries; I'm sure some people can successfully trade using EW's. ___________________ "One who can't dance, says the music is bad."
Hello Dazz, I am confused. I have one question only! Perhaps, I just do not understand something and hopefully you can explain to me. Why does a traderoom exist and charge traders money, if the owner of the trade room does not trade real money and show actual results? I mean I really really really do not understand this. If I am a profitable trader, and I host a trade room, I am showing my customers my a screen shot of my daily broker account.
Wave counts (and Fibs) were working even before old man Elliott let the trading world know about them lol:
Yes you'll show the profitable days and hype them up, which means 4 days per week you'll not bother to post the trades or photoshop ofcourse.
I have often wondered this as well. One reason could be that they simply do not have enough capital and want to boost their capital through subscriptions in order to get going faster. Another reason might be because they are very risk-averse and don't actually want to risk the capital required to get their desired returns. Some might have enough money and really want the challenge of helping others become successful. That could be fulfilling. But would they spend so much time doing that? Every day for several hours? If they really wanted to help, they could simply post free youtube videos and not have to sit behind the computer all day. More likely, if the guy has been around trading for a while, I wonder, why can't they simply make enough money from applying their strategy. Kinda reminds me of those radio ads telling people to call now and hurry up because appointments are filling up fast. Well, if that was true, why would they be paying for advertising?
I know of no room that can unequivocally show they trade liver $$$ in real time; rooms that show trades in real time trade sim $$$.