ShreeKrishna

The actual Meaning of R N Elliott wave theory

NSE:MOTHERSUMI   None
I think Most who claim they have studied Elliott wave and they are masters in it don't have simple meaning full approach

the reason is simple they have not even understood the theory correctly , they have not applied the method in a meaningful manner ,

Probably they will never make money despite what they claim

The Method was developed by R N Elliott with Meaningful approach , He determined these are basic requirements for a trend to start

his approach was in simplest manner , He Explained why he consider them as Points of identifications to count the waves ( prices movements)

When i studied his complete method i was given an opportunity to go through his notes ( hand written) they are so simple in meaning that even kids can understand it

because trading has become passion or some sort of Money making business , the Perception changed form one analyst to another with out even looking in to the

methods and meaning of methods , because in early 70 or 80 people wanted to become shining analyst in wall street the system and basic approach started getting

altered , it went to so deep that even today most don't realize their errors of Gauging the markets , the Original Method no body uses today all have an altered approach

and one fine day i am sure people will start calling it as it will no longer work

Person like me who uses this with dedication will always make money from this method regardless of what market thinks in mass psychology

if you understand My post then hit the like button

Good luck

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