This is a CFD for BRENT and all the goals worked out perfectly https://ru.tradingview.com/chart/UKOIL/06wrjhEK-ukoil/ People received $ 16 from each contract and they had excellent profits in a very short period of time. and again I repeat and your professional traders can only die from envy and from my profit and from how I understand the market
My opinion on Elliott Just as power is insignificant without money, and money creates a thirst for power, so oblivion for glory is experienced by man - painfully. Ralph Nelson Elliott For 25 years, he held managerial positions mainly in railway and railway enterprises in Mexico and Central America. The main merit of this amazing person in the ability to PR his name, as an ordinary accountant, he managed to untwist the name so that the echo reached the offices of the White House. At that time, the United States had problems with Nicaragua, the country was useless, and it was necessary to keep troops, and therefore In 1924, the US State Department offered him the position of Secretary of the Treasury of Nicaragua. In February 1925, Elliott began to apply his experience of reorganization to restructure the financial system of the whole country. He made the United States quietly disappear from Nicaragua, without worrying about anything for the next 100 years. Elliott moves to Guatemala The United States could not recognize the fact of economic sabotage, and Elliott was offered the position of Inspector General of International Railways in Central America. It was a fatal mistake for the country: with the arrival of Elliot in a new position, the Great Depression has already begun to knock on their door. Elliott publishes the book The Future of Latin America, which contains an analysis of the economic and social problems of Latin America with suggestions for resolving these problems. Latin America was saved by the US depression and the fact that Elliott was beginning to sense the first signs of a disease that had become infected in Central America. America’s railways were saved from the final collapse by the fact that by 1929, Elliott’s disease had taken on a debilitating form of malignant anemia, confining him to bed. Forgetfulness became for him the horror of the present. He needed to somehow remind himself. Unfortunately for posterity, he encounters the Dow Jones theory and directs all his “attention” to “studying” the behavior of the stock market. He added another wave on the “convenient” charts and said that he only needs to confirm the reversal with only one index. (The rest of his followers were not particularly inventive and simply blurted out new waves wherever possible) By November 1934, R.N. Elliot’s confidence in “his” concept reached such a level that he decided to involve one representative of the financial world, Charles Collins, in his work Collins traditionally got rid of many correspondents who offered their trading systems to work in the market, offering them some time to predict market movements, rightly believing that any really worthwhile system would appear on the real market. Not surprisingly, the vast majority of such systems have proven their sad failure. However, the feeling of compassion for a sick person was completely different, and Collins, gritting his teeth, agreed to take part in the work on a book for the general public about wave models of the stock market. As a man of the greatest mind, he knew very well that the Dow in his notes connected the movement of the market with ripples and sea waves, but he thought - to hell with it, there are a lot of stupid things in this world, and the world will not collapse if there is another garbage, so " Wave Principle ”was released on August 31, 1938. And this was a fatal mistake already for world trade. Like any stupid marketer, Elliott began to copy his crap. "The Law of Nature is the Secret of the Universe." This monograph with a pompous title, published June 10, 1946, was the "crown of creativity" of Ralph Nelson Elliott and a headache for the trading world at the present time. It is not surprising that it is advertised and promoted everywhere, and any broker will assure you that this is the best knowledge of market movement in the entire history of the development of TA, I’m a technical analysis specialist with more than 15 years of experience, and I can confidently say that after 3 years, between episodes of diarrhea (symptoms of Elliott’s disease), this TA “genius” thought only of one thing - how to defeat the Dow Jones Works, so make yourself a name. The meaning of his theory lies in the fact that it allows you to turn any diagram into an alphabet with eternal question marks, and, of course, it is convenient to use his monograph to kindle fire, pages to a fig, and it costs a penny. During my trading life, I saw three-year-old specialists who knew so much about the market, that it’s even scary to imagine this figure. this allows me to assert with confidence that any wave analysis is a loss of time to study it and a loss of money during its operation. Of the 16 possible market designs, it works relatively efficiently in only 3 situations (but in these situations, any TA works with the same efficiency) , Just advice, hear - “according to the wave analysis”, spit and forget
Your professional traders are idiots, the stereotype of thinking does not allow us to understand that all people are different! For some, it acceptable to look at the monitor all day and gain 10-20 points, There are others !!! They do not care what exactly to trade - for them, the main thing is not attachment to any instrument, the main thing is that this will be a trend. Everything is traded on the stock exchange - goods, energy, bond indices, currencies, stocks and much more. For some (as for me, for example), looking at the monitor is a habit, for others it is a necessity, for others it is work, for the fourth it is studying and so on. Some, analyzing the market, can afford to buy options with a validity period of 3-6 months and just wait for the expiration. A month before the time of the assessment, they look at the chart, seeing that for one reason or another they may not make a profit, they hedge their risk using another transaction on another exchange tool, and again they will not see the charts for several weeks If you are smart enough to break away from your minute charts and look at the charts of the months, you will see that they are no different from the minutes, which means that there are long-term trends, short-term trends and flat ones, And since all people are different, everyone has their own approach to exchange. That is why it is not necessary that everyone adapt to your type of thinking. There are traders who work short-term, medium-term, long-term, but for each of these strategies there are also certain tactics! There are just wealthy people for whom the exchange is a secondary source of income, they are not traders or investors, but simply people who, for a certain period of time, invested part of their funds in one or another exchange tool, and for them, this is normal.
For example, I want to invest my money in stocks, I do not want to use the services of a heid fund, I will analyze the market and buy stocks over the next 3-5 years, and I don’t care what happens on hourly charts, but your professional traders are so stupid that it is not able to understand
another example, throughout the past week I showed my intraday trades and during this time I earned more than all your professional traders combined and I did not have a single deal minus
as soon as I closed the profit, the price went up and now I know exactly how the price will move on Monday and again I will have a profit And all your professional traders can suffocate with envy and anger, but never, none of them will achieve such efficiency and knowledge of market movement
I don’t think this is Gartley’s book, there are a lot of mistakes, and this book couldn’t cost $ 500 during the Great Depression, maybe it’s been edited there were only 1000 copies and the original I did not see