Most on here will never take the time to understand what you typed.....well done, you have done your work and I am sure a profitable trader........

The Fundamental Error of Elliott Wave Theory

so you've been trading a couple years....max.....and you have the authority to make that statement.........yep, this place hasn't changed any.......

The Fundamental Error of Elliott Wave Theory

I'll do that....you guys enjoy yourselves............one question for you guys..........is the market random or not????????

Pro Traders in a Random Market

that was a leading question my friend..I was probing for some answers off remarks made off another thread...read my profile...6 yrs doing this, I think I would hacve a grasp on 1,2,3's.......it got moved by the moderators and I sent twee (or whoever ...

Pro Traders in a Random Market

LOL dude, do you know me? do you know my track record? apparently you think you know where the money I trade comes from...even though you are dead wrong....... I have said nothing about how you trade, I get such a kick out of the folks in here that ...

Pro Traders in a Random Market

I'll let my investors know and ask them to return their returns over the last year+

Pro Traders in a Random Market

I hope he doesn't.............

Pro Traders in a Random Market

I was going to say.....................I DO!!!!! lol

Pro Traders in a Random Market

personally I took random out when I began trading med to long term...no 1 announcement ever concerns me

Pro Traders in a Random Market

NOTHING is 100% thats why we use stop losses and MM.....but your post smells of a newbie that is getting his ass kicked.....the market is far from random and reads like a roadmap. there are times that roadmap is plain as day and that is when it is ...

Pro Traders in a Random Market

I'm in the same boat.......I come to laugh and help when and where I can when I run into someone that wants to listen.......the others I know they'll be here and gone.....

What is a 'Good' percentage for winning trades?

do the math, if you trade at 70% and you use a 20 pips stop to try for 10 pips.......thats 10 net pips per 10 trades (70 in wins, 60 in losses)..........if you use a 200 pip stop in expectation of 400 pips using 10% of the lots to maintain money ...

What is a 'Good' percentage for winning trades?

you don't need to fear anything......learn price action, what it can do and cannot do under wave principle, the only time I ever get stopped is if the currency REVERSES, I could give a rip about retraces, no matter what the session or sessions going ...

What are the Characteristics of the Different Trading Sessions?

well I will agree with one thing there...bad trading long term just takes longer to lose all your money. there is no cure for bad trading other than finding different work.........

Why is short term trading so hard

short term trading you are subject to unforseen market factors and human mistakes....the guy that is supposed to sell 1000 lots on the dollar this morning missed the subway or got caught in traffic....the guy that was supposed to sell hit the buy ...

Why is short term trading so hard

Looking closer, it look like there is a lower low to the left of your first wave count....this is probably where you should start your count...and the 5 wave sequence you show is possibly all of wave 3 measure it for a total 38.2% retrace for a wave ...

Elliot wavers please chime in

not for me, glad you clarified the retracements and extensions...just doesn't look right on that particular chart......sounds right for waves though.........I never guess tops or bottoms. the key to trading waves is have a count, and only trade when ...

Elliot wavers please chime in

You cannot tell without more info to the left of your chart....I don't like anything I see there 2 and 4 are both shallow...if 1 correction is shallow, the other should be deep...1 correction should be simple, the other complex....your 3 is suspect ...

Elliot wavers please chime in

If you have done 5 waves down.....explain to me the triangle..........where do triangles form most often? at first blush, maybe look at your 4 and 5 and see if you can justify those waves as 4 and 5 of the larger degree wave 3.at that point, your ...

Elliot Wave trading on USDCHF

I have no intention or desire to change anyones mind in here,,,,,but God it is funny reading posts from failed, failing, and will fail demo traders expounding on here what works and what doesn't...so some of you tried to trade wave action...which ...

The Fundamental Error of Elliott Wave Theory