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tommy2shoes
November 28, 2017 7:20 pm

Sub since the 1980’s. For me: All 3 services are mainly and always used as an adjunct to other ways to select/size trades. EWT services help me filter trades to avoid, step into, tighten stops, partial exit, etc. Very valuable to avoid getting killed but you will miss some opps too…
The Elliott paradigm is multivariate and bendy. I don’t suggest a slavish following of their recommendations – use it to calibrate your odds and definitely use other inputs.
Most valuable (to me) at major turns, or potential major turns, so I can hedge or manage risk better. Never been blindsided, lots of thanks to the EW Theorist et. al. I paid for a consultation call to his hotline team in ’87 and went flat from a passle of options and futures the day before 1987’s crash. I was overtrading at that young age and would have been wiped out and then some. Whew! On the other hand, Prechter was WAY wrong about when to re-enter the uptrend – which cost me a lot of missed opportunity.
The EW Financial Forecast covers more markets and is well written, if I were taking just one product that would be it. But I take the EWT and Short term update currently.

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