Elliott Wave Trader

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18
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redcatmarkletellierAvi GilburtMoney not well spentDrDoom Recent comment authors

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Freds
Guest
Freds

Armageddon Avi I call him . Been using the end of times pitch for over a year now Just another subscription salesman. Articles target new subs or newbies replacing all the existing subs that drop out Was running at $79.99 special on stocktwits. LOL

Avi Gilburt
Guest
Avi Gilburt

This is 100% untrue. Anyone who actually has been following my work would know that I did not expect the bull market off the 2009 lows to complete until around 2023 and us being over 4000. While I wanted to see a drop to the 2200SPX region before we rallied to 4000+ does not mean I was calling for armageddon.

100% false!!!

Martin G
Guest
Martin G

Avi is a salesperson, period. He is subject to biases and views that may at times benefit his subscribers, and at other times, devastating. There are no good metrics to measure his results over time and most of the testmonials are anecdotal in nature. Be careful about the praises and gloating that occurs on a very selective nature. I have been a subscriber to his website for over 5 years and have seen both the good and bad. In hindsight, I wish i had never come across this website, as my portfolio’s continued poor performance was strongly influenced by his… Read More »

Avi Gilburt
Guest
Avi Gilburt

I am sorry, but to suggest that you were a member for 5 years even though you view us as being bad is simply not believable.

In fact, most of the members that began with our site 8 years ago are still with us until this very day. There is a reason we have grown to over 6000 members and over 500 money manager clients within that 8 year period. . . and I can assure you it is because we are right a heck of a lot more than we are wrong.

ravi1971
Member
👍6
ravi1971

Unfortunately I have to agree with the opinions below. Service is very biased and absolutely lacks flexibility when it comes to recognize the market is doing something it wasn’t “supposed” to do based on pure Elliot Wave analysis. The main analysis is extremely incomplete if not superficial, based on the likelihood of being in a certain wave pattern and an often incorrect interpretation of the MACD. No other information is taken into consideration: market internals, fund flows, option activity, fundamentals.. everything is disregarded as meaningless in front of EW. Well, this approach does not work and it’s also not verifiable.… Read More »

redcat
Member
👍2
redcat

I’m afraid the service is purely geared to new members as the old recycle out after losing their money. They invest a lot of time in their own PR and sales. Definitely avoid.

wealthywannabe
Member
👍14
wealthywannabe

Do you have any sense of the cancellation rate? Did you chat privately with any fellow subscribers? I subscribed for several years and finally cancelled just recently. I felt like I gave it a fair chance. I was very disappointed.

redcat
Guest
redcat

You need to very very wary of the testimonials which look dubious, especially on sites such as Seeking Alpha where he seems able to delete comments that point out his poor performance.

Avi Gilburt
Guest
Avi Gilburt

What is most interesting if that most of the posts here seem to be upset with my missing the move from 3100-3400SPX. And, yes, I missed that, as I did not expect that move. Rather, I expected a move down to 2200 first. And, in the mean time, those that still followed me not only did not get hurt by that decline, they also benefited from the short I was outlining in the EEM in Jan and Feb. So, while I did miss the 300 point move from 3100-3400, I certainly was not long during that crash . . in… Read More »

wealthywannabe
Member
👍14
wealthywannabe

Before I begin, I’d like to say that the analysts and Avi were all very nice people, so what follows is not based on any personal hostility toward them. I subscribed to Elliott Wave Trader (EWT) for several years; I wanted to give it a fair chance. Recently I discontinued my subscription, though, because it was just too unreliable. Starting in around mid-January 2019 and for practically the entire year, the service was calling for a reversal after a brief bounce following the sell-off in 2018, and the reversal would ultimately take the S&P to around 2200, which was supposed… Read More »

Avi Gilburt
Guest
Avi Gilburt

Yes, we were calling for a reversal and did not expect the SPX to head to 3400 when we moved to 3100. But, if you really were following us, you would know that I was shorting EEM in January and February because it had the best short set up and I did not believe the bullish move in SPX.

And, since then, looked where we dropped to and bottomed so far . . 2200!!! YUP!!!

DrDoom
Guest
DrDoom

After reading the reviews below I joined the free trial just to research Avi’s track record and the comments below are accurate. While other Elliot analysts were qualifying their bullish forecasts with the possibility of a Black Swan event i.e. the corona virus Avi kept insisting that the S&P would go to 3500 -3800 even when the market was crashing. There is an incredible amount of bias and Avi kept insisting that the March selloff “wasn’t supposed to happen” — simply because it wasn’t in line with his analysis. I don’t expect analysts to be 100 percent accurate but there… Read More »

Avi Gilburt
Guest
Avi Gilburt

This post is 1000% untrue. If you had been following me, then you would know my members were actually upset that I did not buy into the S&P rally over 3100, as the IWM and EEM were not confirming. In fact, those that followed me know that I was shorting the EEM in January and February.

Money not well spent
Guest
Money not well spent

I had subscribed to Elliott Wave Trader for 4 years and made a sincere effort to learn Elliott Wave Theory as well as learn from the commentary and advice of the service. I can best sum up the service by saying a broken clock is correct twice a day also. I initially totally bought into Elliot wave theory and will still say that there is something to it. But it is at best not a useful tool to help in speculating on potential future moves, especially when their advice gives subscribers multiple options for a situation saying the move may… Read More »

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Avi Gilburt
Guest
Avi Gilburt

I am sorry, but if you were with us for 4 years you certainly benefited from our work. To suggest otherwise is simply ridiculous. There is a reason we have grown to over 6000 members and over 500 money manager clients within 8 years . . . and it is not because we have a bad track record.

Avi Gilburt
Guest
Avi Gilburt

The funny thing about a site like this is that it represents a handful of people. When you consider that the greater majority of weight of evidence sits with the 6000+ members on the site, that should explain the ratio of those happy with our service relative to those that are not. While we are clearly not going to be for everyone, we get messages like this ALL the time from members. This one was very recently sent to us by a money manager client: “Avi, you are the best strategist that I follow and you have made more prescient… Read More »

redcat
Member
👍2
redcat

On the contrary this is an open site containing the uncensored opinions of people who have taken your advice and it is clear they have paid unfortunate financial consequences. This is not Seeking Alpha the only public site where you post and where you have editorial ability to delete comments and avoid any analysis of your results.

markletellier
Member
👍0
markletellier

I am really enjoying elliott wave trader. Avi and his team are excellent. The analysis is very well done. The explanations are thorough and timely. I suggest you try the service and see for yourself.