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Just goes to show you that many succcessful traders have different sets of
rules.
"Research Dept." wrote:
> Hello realtraders,
>
> Elliott wave has been mentioned here a few times and this is a chart
> that was done back a few years ago. The fifth wave is getting a little
> long isn't it? This chart exposes the influence that ones opinions
> have when using such discretionary things as EL. It is obvious to see
> that the wave count was done with a bias towards a big market
> correction. Which didn't come anytime soon for Prechter's count.
>
> One of the worlds greatest traders told me something once, the day he
> hired me to work for him. I have NEVER forgotten it.
>
> He told me there were only three rules to working for him.
>
> 1. You can never buy any options, we only sell em.
> 2. Don't EVER! mention anything about Elliot wave.
> 3. I never met a paper trader who ever lost any money. So if you
> bring me an idea it better be good because we are going to try it out
> with real money.
>
> Best regards,
> Research mailto:research@xxxxxxxxxxxxx
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>
>
>
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