Elliott wave charts & predictions
- Thread starter wxytrader
- Start date
Thanks for posting...I know you arent a huge believer in Stops,but I would be curious to see your risk reward ratios ..
So would I.
I mostly don't use stops because they don't work after hours, so if things go bad you are probably going to get gapped down anyway. I will use stops if trading crypto as that is 24/7, but only if I am super leveraged and don't want to risk liquidation...but even then I am usually pretty confident with my entries and would probably prefer to average down. Basically if you are using stops you need to ask yourself if you should really be taking the trade at all.
Theres not a point which invalidates the "signal"??
So would I.
I mostly don't use stops because they don't work after hours, so if things go bad you are probably going to get gapped down anyway. I will use stops if trading crypto as that is 24/7, but only if I am super leveraged and don't want to risk liquidation...but even then I am usually pretty confident with my entries and would probably prefer to average down. Basically if you are using stops you need to ask yourself if you should really be taking the trade at all.
Hello wxytrader,
Do you have any evidence/records of the creator of Elliott Wave Theory being a millionaire or billionaire trader from his Elliott Wave Theory?
Thank you,
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Did Gerald Appel? He created the MACD...probably both of them make more money selling books on the subject. These are tools not holy grails.
https://en.wikipedia.org/wiki/Ralph_Nelson_Elliott
https://www.elitetrader.com/et/threads/did-ralph-elliot-die-broke.287263/
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Hello wxytrader,
Can I please sell you my trading indicator for $2000 please?
You can use it as a tool.
Thank you,
Elliot wave is better with optionsLet's see it in action.