Problems with Elliot Wave Theory
1:09 PM
Posted by Trading Lectures
Elliot Wave Theory is of course a very well known science for trading the market .. many traders argue that this science can't make you profitable in trading because of many reasons like that you never see 2 Elliot Wave Analysts are Counting Waves the same way !!
This video is presenting few problems with Elliot Wave analysis and of course the final judgment is yours ..
Personally i don't use Elliot Wave Theory in my trading and i didn't take time to study that science simply because i found another way to be profitable in the market and it was the Price Action Trading however, i have to admit that i knew some of my friends who are really successful with Elliot Wave trading and this means ONE thing which is :
Every Trader has his own way to profit in that market so, Please don't waste your time in argument but listen to all opinions then make your own decision .. ☺
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