CFZ E-Wiggle Workspace Message Board

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Strategies & Market Trends : CFZ E-Wiggle Workspace

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To: the-phoenix who wrote (1284)	4/3/2003 8:35:59 PM
From: At_The_Ask	Read Replies (1) of 41537

First of all it would probably be a cold day in hell when I boot you. Your a solid trader and fellow junky. Trading is HARD...period. Frustration comes with the territory. From the questions you asked I felt that you could use a little study time and at the same time were questioning the methods value. It's the same as your gartley stuff. I don't know squat about those, and I know that I couldn't master the topic without reading the book. Asking a few questions across the net isn't enough. Then you need practice. You have to make a count, if it fails go back and recount. Then you can say "oh instead of wave b that was still part of the a" or whatever, it takes time. I've been trading a few years now and I'm still amazed when I see people post things like "if xyz breaks xx.xx then it's automatically going to xx.xx!!!!". They're usually in all caps and bold text. I've seen trillions of projections like that and they have the same success rate as a coin toss, maybe less. There are few times in any trading situation with any type of analysis that always delivers an absolute guarantee of what's going to happen in the future. Many times with elliot I see patterns develop where I would bet my life that I know whats going to happen next. I don't think any other type of ta can ever give you that. These moments occur sporadically and without notice. In between these times there are a lot of times where I don't really have a clue and other times where I have a pretty good idea and it turns out to be right. Then there are times where I think I know and then find out I'm wrong. I don't think it's possible to ask for more than that. The key to being a good trader is only trade the times where you know for sure or are pretty damn sure. By all means avoid taking potshots at things. Person to person with complete honesty I can tell you that ewave is real. I've seen stuff happen thats blown my mind. It's a whole nother ball game compared to ma's and macd and all that other stuff. However each person has to find their own filter that works for them so ma's and indicators might be the holy grail for another guy and he might say ewave sucks.

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