I would like to be a swing trader. This journal stands as a testament to my commitment to growth and mastery in the art of swing trading. Contributions, whether in the form of insights, strategies, or shared experiences, are warmly welcomed.
https://elliottwave-forecast.com/elliott-wave-theory/ Understanding EW is an absolute must for trading... especially swing trading.
Please show solid concrete evidence that EW is an absolute must for trading, especially swing trading. Elliot Wave could be pronounced as Idiot Wave.
Here is the secret: Buy low, sell high !!! If you can’t’ do that, then forget about swinging stocks and instead become a ‘swinger’ . . . it will cost you less and you’ll have far more fun.
What?? I have road mapped bitcoins price movement since I got here. I bought BITO Jan19 16 Leaps in August knowing that bitcoin would rally in early 2024. I had the balls to average down during the ftx scandal adding more risk because I knew the rally was coming. I remember the agent on the phone suggested trying a paper account lol. In the end the results showed why he was working the phones and not trading for a living. What do you use? Vwap? support and resistance? moving averages? Chart patterns? Order blocks? All of these are dubious attempts at trying to explain price action with no understanding of EW. For instance, as I have shown, order blocks are nothing more than an abc correction. There are hours upon hours of yt video on order blocks and mitigation lol. It's akin to believing the earth sits atop a giant turtle...
Still waiting for your solid concrete evidence that EW is an absolute must for trading, especially swing trading.