“Some people advocate ‘paper trading’ as a learning tool. Paper trading is useful for the testing of methodology, but it is of no value in learning about trading. In fact, it can be detrimental, by imbuing the novice with a false sense of security in ‘knowing’ that he has successfully paper traded the past six months, thus believing that the next six months with real money will be no different. Nothing could be further from the truth. Why?” Elliott Wave International’s president Robert Prechter explains more in this important FREE report.
Europe’s Return to Risky Investment
February 19, 2010 by Leave a Comment
Over 100 banks are opening soon, buying junk bonds is gaining popularity and emerging markets are the trendy investment. Sound familiar? Europe appears to be returning to some bad investment habits.
How Elliott Wave Principle Can Improve Your Trading
February 19, 2010 by Leave a Comment
Every trader and analyst has favorite techniques to use when trading. But where traditional technical studies fall short, the Wave Principle kicks in to show you high probability price targets and, just as importantly, how to distinguish high probability trade setups from the ones that traders should ignore.
U.S. Stocks: Will The Bears Relinquish Control?
February 10, 2010 by Leave a Comment
In case you were hiding out Tiger Woods’ style far away from the mainstream media over last month, let me be the first to say: January saw an abrupt end to the US stock market’s record-setting winning streak. Last count, the Dow Jones Industrial Average plummeted 4% in its worst monthly loss in a full year
Why You Should Care About DJIA Priced in Gold
January 11, 2010 by Leave a Comment
Of the many forward looking market indicators we at EWI employ, one of the most interesting tools (and least discussed in the financial media) is the DJIA priced in gold — “the real money,” as EWI’s president Robert Prechter calls it…
