MoneyTec Traders Community Forum - View Single Post - Short-Term.....Swing Trade (Set-Ups)

marketwavez · 22-01-2007, 02:15

Eecology

Anyone reading through these posts should know that
I always say that there is always more than wave-count .

Elliott Waves like any other form of technical analysis is Highly Subjective .

Nothing is 100% Reliable - Nothing is cast in stone !
----------------------------------------------------------------------

There is no such thing as the right wave count

ALL WE HAVE IS PROBABILITY---

Wave counts Vary from person to person because
We all don't see the world the same way !
--------------------------------------------------------------------------
Successfull trading is also about your Education ,
- and what you are exposed to as a trader ........................

How many times must I say this - ( It's been a year now )
/////////////////////////////////////////////////////////////////////////////

Trading is about your ability to manage the Risk
and Protecting your Assets in any trade that you decide to take ! ..........

No matter what you you think the Wave count is ....

-----------------------------------------------------------------
Why is so hard for people to understand that the
chart patterns or the wave-count are secondary to this ?

Understanding Risk to Reward and not over-extending yourself
on any one individual trade is much more important wondering
about who has the right wave -count .....

--------------------------------------------------------------
/////////////////////////////////////////////////////////////////////////////
Bottom line is
Don't get caught in wave-counts
there is no such thing as the right wave count

There is always another point of view .........

22-01-2007, 02:15	#414
marketwavez level 3 Join Date: Sep 2005 Posts: 1,735 Downloads: 0 Uploads: 0 Rep Power: 5	Re: Short-Term.....Swing Trade (Set-Ups) Eecology Anyone reading through these posts should know that I always say that there is always more than wave-count . Elliott Waves like any other form of technical analysis is Highly Subjective . Nothing is 100% Reliable - Nothing is cast in stone ! ---------------------------------------------------------------------- There is no such thing as the right wave count ALL WE HAVE IS PROBABILITY--- Wave counts Vary from person to person because We all don't see the world the same way ! -------------------------------------------------------------------------- Successfull trading is also about your Education , - and what you are exposed to as a trader ........................ How many times must I say this - ( It's been a year now ) ///////////////////////////////////////////////////////////////////////////// Trading is about your ability to manage the Risk and Protecting your Assets in any trade that you decide to take ! .......... No matter what you you think the Wave count is .... ----------------------------------------------------------------- Why is so hard for people to understand that the chart patterns or the wave-count are secondary to this ? Understanding Risk to Reward and not over-extending yourself on any one individual trade is much more important wondering about who has the right wave -count ..... -------------------------------------------------------------- ///////////////////////////////////////////////////////////////////////////// Bottom line is Don't get caught in wave-counts there is no such thing as the right wave count There is always another point of view ......... Last edited by marketwavez; 22-01-2007 at 02:37..