Last year, our live trading room provides 69% return annually across the 3 groups that we cover. In Live Trading Room, we scan the market everyday to find any tradable setup. We believe every serious traders need to have a good trading system with specific rules. A complete system must include the following: 1. Conditions […]
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Has ARK Invest ($ARKK) Bottomed or More Downside?
Read MoreSummary of the Fund: ARK Invest (ARKK) is an actively managed Exchange Traded Fund (ETF). It seeks long-term growth of capital by investing in domestic and foreign equity securities of companies that are relevant to the Fund’s investment theme of disruptive innovation. ARK defines ‘‘disruptive innovation’’ as the introduction of a technologically enabled new product […]
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Fundamental Analysis vs Technical Analysis
Read MoreThere are two main types of analysis. Fundamental or technical analysis. Fundamental analysis studies factors that consist of macroeconomic and global events, individual country’s economy. Use data such as inflation numbers, interest rates, CPI reports, employment and unemployment rate and political conditions of the individual country. Technical analysis purely looks at the charts. Historical price […]
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Will Rising Interest Rates Affect Real Estate?
Read MoreGood Day Traders and Investors. In this technical blog we are going to take a look at the Elliott Wave path in The Real Estate ETF (IYR). We will also help answer the question that many ask which is whether the Real Estate market is going to crash due to the Fed hiking rates. The […]
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How to spot when a Zig Zag fails and the corrective wave needs more time?
Read MoreMost exciting as an Elliott Wave trader is when you see a nice clean impulse wave and then develops a clean Zig Zag Pattern. A Zig Zag is one of Elliott Wave Theory’s corrective pattern, also known as when the market takes a bit of a breather. So, a Zig Zag consists of a 5 […]
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Never break these 3 rules to be a successful Elliott Wave Trader
Read MoreIn today’s blog, I want to take things back to basic when it comes to trading the Elliott Wave Theory – “theory”. There are 3 rules that you must follow to be a good trader. Within the theory, we have rules and guidelines. Guidelines are based on characteristics of the waves, Fibonnaci guidelines in terms […]
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Why do wave counts change? Part 2
Read MoreSo, in my previous blog I mentioned the reasons why wave counts must change and be adjusted. Most of it is to do with the fact that rules are violated. Let’s go into a bit more detail on why else they may change and potentially trick you if you’re on top of the count. When […]