How often have you heard analysts refer to a down day on Wall Street as “traders taking profits”? Sounds great, but the sobering fact is that most traders — in futures, commodities, or forex — lose money. Yet some traders do win; some even set records. In 1984, Elliott Wave International’s president Robert Prechter won the U.S. Trading Championship, setting a new all-time profit record of 444.4% in a monitored real-money options account. Here is a link to the free report where he lays out his requirements for successful trading.
Learn Elliott Wave Analysis — Free
December 16, 2011 by Leave a Comment
Understand the basics of the subject matter, break it down to its smallest parts — and you’ve laid a good foundation for proper application of… well, anything, really. That’s what we had in mind when we put together our free 10-lesson online Basic Elliott Wave Tutorial, based largely on Robert Prechter’s classic “Elliott Wave Principle […]
How You Can Make Yourself a Better Trader
October 27, 2011 by Leave a Comment
Define Yourself: What Kind of Trader Are You? The idea of being a successful trader is exciting. The reality of becoming one is another thing. You need to understand more than the markets — you need to understand yourself. EWI’s Senior Analyst Jeffrey Kennedy knows what it takes. He has analyzed and traded the markets […]
Using Elliott Waves: As Simple As A-B-C
July 7, 2011 by Leave a Comment
Two resources from Elliott Wave International can help you get started By Elliott Wave International When Ralph Nelson Elliott discovered the Wave Principle nearly 70 years ago, he explained how social (or crowd) behavior trends and reverses in recognizable patterns. You can learn to identify these patterns as they unfold in the financial markets, and […]
Beginner’s Guide To Understanding Market Charts
October 9, 2010 by Leave a Comment
You don’t need computerized technical analysis to understand market trends Being able to “read” a market chart is a rare skill even among professionals. Most investors focus on “the fundamentals”: Things like unemployment numbers, earnings, Fed statements, etc. But just like a picture is worth a thousand words, a chart can tell you a lot […]
3 Reasons Now is Not the Time to Speculate in Stocks
August 31, 2010 by Leave a Comment
Sometimes the investment weather forces you to ‘buy a coat,’ says Robert Prechter When it’s sunny, you head outside without a thought, but when it’s rainy, you look for your umbrella. When the markets are trending up, you don’t worry about your investments much, but when the markets turn bearish … what do you do? […]
Elliott Wave Tutorial
July 30, 2010 by Leave a Comment
“Successful market timing depends upon learning the patterns of crowd behavior. By anticipating the crowd, you can avoid becoming a part of it.” I pulled this quote directly from the opening paragraphs of the free Elliott Wave Online Tutorial. It’s critical to your understanding of how markets really work. Now some might say, “What’s […]
Learn Basics of Elliott Wave Analysis — FREE
June 28, 2010 by Leave a Comment
Ralph Nelson Elliott discovered the Wave Principle in the 1930s. Over the decades, his discovery was kept alive by a handful of individuals. A few of those, such as Bolton, Prechter and Frost, educated investors on how to use pattern analysis in financial markets. To help out Elliott Wave International’s readers in learning the basics of the method, we put together a free 10-lesson online tutorial. Here’s an excerpt.
Enjoy 8 Free Chapters from Robert Prechter’s Conquer the Crash
April 28, 2010 by Leave a Comment
Now in the 2nd edition, Robert Prechter’s New York Times and Wall Street Journal business best-seller Conquer the Crash remains a very useful read. To give you an idea of just how useful, we are releasing 8 chapters of the book to all 150,000+ free members of Elliott Wave International’s Club EWI. Here’s an excerpt from Chapter 23, ‘What To Do With Your Pension Plan.’ Enjoy.
