Elliott Wave Podcast with DailyFX and our CEO Paul Bratby
I recently went on the DailyFX podcast to talk to Tyler Yell about Elliott Wave. Listen to the Introduction to Elliot Wave Theory podcast by clicking on the link.
We had a great conversation about using Elliott Wave analysis, how I turned professional trader, and my thoughts on the markets in 2019.
KEY POINTS COVERED IN THIS PODCAST
- Why Elliott Wave is a viable approach for traders
- The importance of understanding the behaviour of institutional traders
- Swing trading vs day trading: The differences to know
When you look at the tools used by traders who demonstrate strong risk management, Elliott Wave is often a common denominator.
If you want to hear about part-time vs full-time trading. We talk about recommended account size and retaining discipline. Also we discuss the importance of a paper money account to practice a repeatable, simple strategy. Which enables you to gain experience of losses, trade management and risk in general.
We also spoke about swing trading vs day trading, how I started out as a swing trader, and the advice I would give for those looking to take up either.
If you want to listen to more podcasts from DailyFX, you can follow them on a platform that suits you at these links: