In this lesson, you’ll see how significant the Fibonacci Retracement and Extension tools are when integrated with the Elliott Wave Theory.
You’ll learn how to utilize Fibonacci in conjunction with the Elliott Wave Theory to create a strong analysis/bias within the market, specifically when planning targets and pullbacks (within a trending market).
This is a concept that will be covered over and over again in the following lessons, as it takes time to grasp.
In this lesson, you’ll learn what the MC Hybrid style of trading is and who it’s suitable for. This style of trading is the middle ground between day trading and swing trading (incorporating characteristics of both). It can be utilized as a part-time approach, but can also be used as a full-time ...
Capital partitioning is optional.
In simple terms: You have $50,000.00 worth of capital. You put $25,000.00 of that into your trading account, and the other $25,000.00 into a safe, liquid investment. You then risk 2% on each trade. This means you’re only risking half of the account, but tradin...
As a day trader, the common thinking is that you have to be on the computer 24 hours a day. But that is simply not true. In this lesson, Irek addresses what a typical day trading and swing trading routine should look like.
