Elliott Wave Tutorial – 10 Free Lessons

Look at today’s situation: How many people you know
got out of the stock market before the October 2007 top? Heck, how many you know
cut losses and cashed out even six months after the top?

If you’re like most people, your answer ranges from “zero” to “very
few.”

Being a successful investor over the long term means you must always strive to be
part of that “very few.”

Famed market analyst Robert Prechter, the leading practitioner of the Elliott
wave method of market analysis, once said, “Missing a market move may be a shame, but getting caught on
the wrong side of one means you lose money. People who have gone through the experience
know there’s a big
difference.”

To be a successful individual investor, you must understand what it means to take
risks when the probabilities are behind you and shun risk when they’re not.

Robert Prechter’s method
of analysis, the Elliott Wave Principle, is designed to help him and his subscribers
do just that. In fact, just this week, a MarketWatch.com columnist wrote this about Prechter’s performance:

“Over
the past 12 months the Elliott Wave Financial Forecaster is up 22.8% by Hulbert
Financial Digest count, vs. negative 43.32% for the dividend-reinvested Dow Jones Wilshire 5000.

“And so terrible has the damage to the stock market been that the HFD now shows EWFF ahead over the past
10 years, with a annualized gain of 1.7% vs. negative 2.55% annualized for the total return DJ-W.”

Buy
and hold is dead. Trading isn’t any easier. Having a big-picture outlook doesn’t mean you must “set
it and forget it,” as the late-night infomercial guy says. And it certainly doesn’t mean you must
be in and out of the markets every day. It simply means you can see the forest
for the trees.

You can go long when the markets are behind you, short if you have
the guts, and stay out completely when the risk is too high. Simply put, adopting
an independent, unbiased method is the very best way to ensure you don’t get caught up in the investment
herd.

Elliott wave analysis is not for everyone. It’s highly technical. And it presents probabilities, not
certainties (there’s no such thing as a black box trading system). The most successful investors and analysts – the
guys who are still around after 30 years like Prechter – are able to assign probabilities and assess risk;
and they act only when probabilities are high and risk is not.

I encourage you
to learn more about the method that has kept Robert Prechter out of the herd and
in the game for more than three decades. His company, Elliott Wave International,
has an extremely useful Elliott Wave Tutorial for free online. It’s broken up into 10 lessons across 50
pages, so it’s
easy to read and review at your leisure.

Check it out at the link below, give yourself
some time to digest it, and decide for yourself if Elliott is a method you should
add to your investment arsenal.

Separate your investments
from the herd; get started with the free Elliott Wave Tutorial today