Get Jeffrey Kennedy's On-Demand, Online Trading Course ...

The Wave Principle Applied --
How to Spot a Pattern You Recognize and Put Your Trading Plan into Action

Trading ain't easy, but you can keep it simple, says long-time EWI trading instructor Jeffrey Kennedy in his new online trading course, The Wave Principle Applied -- How to Spot a Pattern You Recognize and Put Your Trading Plan into Action.

Let's face it, Jeffrey says, losing trades are part of the game. The key to becoming a successful trader is to eliminate your own emotional biases about "winning" and "losing." One of the best ways to accomplish this is by boiling down your trade plan into a simple step-by-step process that will help you reap huge rewards and minimize the risk of loss.

Jeffrey begins by explaining what every trader with a system must know: namely, the limitations of your system. To illustrate this point, Jeffrey opens the online course with a question: Why do people have difficulty trading with the Wave Principle?

Answer: It's because they confuse the Wave Principle -- a method of analyzing market price action -- with a trading methodology that includes entry, exit, money management, etc.

Jeffrey quotes A.J. Frost and Robert Prechter's book The Elliott Wave Principle to drive home his point: "The primary value of the Wave Principle is that it provides a context for market analysis." [Jeffrey's emphasis]

In other words, Jeffrey explains, the Wave Principle itself is not a trading methodology; it's a tool for analyzing price action. The Wave Principle alone will not tell you how much money you can afford to risk, what entry or exit level is best suited for your trading style or where to set your protective stop. Yet it will give you everything you need to know to make these decisions, once you balance the technical probabilities with your own risk-tolerance guidelines.

Here's what you'll learn in this 1-hour online trading course:

Here's what you will learn:

• The 5 actionable wave patterns that are best suited for trading.
• The 10 questions you must ask yourself before you enter a position.
• How to catch and ride trending price action.
• How to identify entry points, exit points and protective stops.
• How to forecast price targets.
• How to listen and look for what the market is telling you.
• What it means to make the market commit to you before you commit to the market.
• How to formulate multiple trade plans when you have two conflicting but equally viable wave counts.
• And perhaps most important: How to keep your analysis and emotion separate from the business of trading. (Here's a hint: Goal #1 is to ring the register.)

Please Note: If you are a DFJ or FJ subscriber, you have free access to this video via your Traders Toolbox.

Act Now and Save 20%:
Get Access to this Trading Course for only $79.20

To order via phone, call EWI customer service at 800-336-1618 (from with U.S.) or 770-536-0309 (from outside U.S.) and mention code: ODWPA20 - FRUP