Thursday, April 5, 2012

How to use this blog?

BEFORE you are trying to use my analyzes for serious trading, you should become familiar with the Elliott waves by reading books and searching the web. Unfortunately I do not have the time to help you learning and understanding the Elliott waves. 

Also I strongly recommend doing paper-trading to get a better 'feeling' for my analyzes. The most important part of trading is however the money management! You should NEVER risk more than 1% of the total amount of your trading portfolio for each trade, otherwise you will always be a part of the 95%! My goal is to publish at least 4 analyzes per month of the most common indices, currencies and commodities.

Thank you for using my blog,
Day-Trader

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