As you can see on my posts i used them to analyze charts and trading live.
BUT a must say a word about Elliot Waves, although i know the basics i never had the time to make a depth study and test it.
Thats why i decided to apply to a certified elliot wave analist program. I have already got the material, so i must start to study it to pass the exam.
Everything i do i must be 100% focused. I will stop trading for 1-2 months because it will difficult for me to trade and study at the same time, both take time and energy.
My goal is the same: to improve my trading performance and enjoy the process. See you soon
Best Regards
Комментарии
Alexander_Nikitin
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The best analysts always suck as traders. Trading has nothing with your ability to analize the market. The more you know the worse you trade. To become a succesful trader you need to aquire such skills as discipline, consistency, persistance self-control. This skills has no relationship to analytical abilities. You don't need to forecast the market in order to make money, mate.
Banesnake
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Right, I believe discipline, consistency, persistence self-control Plus money management > analytical abilities (find yourself a good RR entry point)
Alexander_Nikitin
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The truth is that you don't need to know anything to find yourself in a winning trade. You do not need to know harmonics, eliot waves, dow theory or whatever. The only thing you need nowdays to find yourself in a winning trade is to push "sell/buy" button. After you did it, you either win or loose. And after you pushed the button there's no way to know if it turn's a winner or looser. The outcome is random.
But if you have a statistically proven edge (pattern or whatever), you know that in a series of 100 and more trades you have odds in your favour. So, to make money, you just need to OBEY the rules of the pattern. You don't need to analyze the market, don't need to know what is going to happen next. Recognized the pattern - and pushed the button. That is all.
All errors a trader makes are ONLY execution errors. Traders are unable to execute trades properly. That is the thing.
Learning how to minimize trading errors. Learning how to execute trades consistently right. These things lead to success, but not learning how to forecast the market, how to predict it, how to know what is going to happen next. Predicting and forecasting is impossible. The outcome of a particularly taken trade is RANDOM. Buying the programmes that will teach you to analyze the market IS THROWING THE MONEY AWAY. It's better to loose the money by trading. Loosing or winning, trader aquires experience. MARKET is the only teacher who deserves paying money to it.
Technician
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Great words here
selin.oktay.315
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turn back we miss you
Technician
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Good luck mate, wish you the best and looking forward to see you back and learn more from you. GL
SharifAzadeh
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Great choice mate. I followed almost the same path and applied for Certified Financial Technician (CFTe) program and did my final level exam on 23rd of April. I think, as you pointed, there is no end to the learning process.