For anyone with even a passing interest in stock markets and trading the name Ralph Nelson Elliott is usually a very familiar one. An accountant working at the turn of the last century Elliott's theory, known as the Elliott Wave Theory, proposed that stock market trends and patterns were, to a ... Views: 2834
What is virtual trading, and why on earth would you want to spend your time playing on a stock market game? Let me explain why you should take this sort of game very seriously indeed.
If you want to make money on the stock markets then you basically have three choices. Your first choice is to ... Views: 1755
First of all, it is important to be aware that whilst they share certain characteristics and principles, spread betting and financial spread betting are two different things. But in order to understand what financial spread betting companies are offering, it is worth being aware of what spread ... Views: 1082
The word 'Forex' is a contraction of 'Foreign Exchange', and is interchangeable with 'Foreign Exchange Market' and 'Currency Market'. At the simplest level Forex trading is about buying one form of currency, and selling it in exchange for a different currency, making a profit as you do ... Views: 1052
The wave theory was propagated by Ralph Nelson Elliott. He is known as the father of the Wave Theory. Today, it is referred to as the Elliott Wave Principle. He was born in 1871 in Marysville, Kansas. He enjoyed a really long working life in accounting as well as business practices of several ... Views: 681
The Elliott Wave theory over time has been extensively used in predicting the direction of the financial markets. You must however, keep a few points in mind when it comes to using this theory. At any given point, there are two valid interpretations of the waves that will exist. You therefore, ... Views: 654
When the Elliott Wave Principle was first discovered, those in the financial sector were mighty pleased with its ability to predict the direction the market would take next. It turned out to be really impressive. However, there is much more to the principle. It gives you a means of finding out ... Views: 619
Elliott Wave Principle works on the principle that prices have a tendency of moving in waves of five towards the larger trends and waves of three in the smaller ones. When an up trend is in play, one will notice that a three wave decline will follow on the heels of a five wave advance. Each of ... Views: 603