Paper Trading Is NOT What Will Teach You To Trade
Paper trading is only useful for the testing of your methodology.

"Some people advocate 'paper trading' as a learning tool. Paper trading is useful for the testing of methodology, but it is of no value in learning about trading. In fact, it can be detrimental, by imbuing the novice with a false sense of security in 'knowing' that he has successfully paper traded the past six months, thus believing that the next six months with real money will be no different. Nothing could be further from the truth. Why?" Elliott Wave International's president Robert Prechter explains more in this important FREE report.

Surviving Deflation: First, Understand It
Deflation is more than just "falling prices." Robert Prechter explains why.

The most common misunderstanding about inflation and deflation -- echoed even by some renowned economists -- is the idea that inflation is rising prices and deflation is falling prices. General price changes, though, are simply effects. Effects of what? Keep reading to find out.

How Elliott Wave Principle Can Improve Your Trading
The Wave Principle identifies trend, countertrend, maturity of a trend -- and more.

Every trader and analyst has favorite techniques to use when trading. But where traditional technical studies fall short, the Wave Principle kicks in to show you high probability price targets and, just as importantly, how to distinguish high probability trade setups from the ones that traders should ignore. Here's how...

Forex (Video): How to Use Elliott Wave to Forecast U.S. Dollar
Currencies often display beautiful Elliott wave patterns

On November 26, 2009, the U.S. dollar did "the impossible": It stopped falling, reversed, and staged a strong rally -- to the complete surprise of the mainstream financial world. At the time, making a bullish call on the USD was all but laughable, to most investors -- yet EWI's Senior Currency Strategist Jim Martens did it anyway. Watch this free video clip to find out why.

Part II: Trade What You SEE, Not What You BELIEVE
A new interview with a talented S&P trader Roberto Hernandez.

This is part two of the January 18 interview with Roberto Hernandez, a talented S&P trader. "I agree with Bob Pechter that this bear market is not over. My oscillators are pointing down, so we are at the very least looking at a substantial correction. But the volatility will definitely increase again. And as I said before, if you are not experienced with trading in volatile markets, this is not the time to cut your teeth as a trader."

U.S. Government: The New Growth Industry
Does increasing government share of U.S. economy bode well for the recovery? On the contrary, writes EWI's Jason Farkas.

Don’t be fooled into thinking the Great Recession is over because of the recent 3.5% gain in third-quarter GDP. The only reason for the uptick was the government’s contribution. Because the government’s size has increased so dramatically since 2000, the U.S. is now closer to socialism than capitalism. And here's what that could mean for the U.S. economy.

6 Ways Elliott Wave Helps You Trade Better
To quote Robert Prechter, "The Wave Principle falls well short of providing a crystal ball, but it is the very best financial market model available."

How Does This Elliott Wave Stuff Work Anyway? Ask An Expert
A major opportunity in one key commodity market

Oil Above $80: What's Behind the Rally?
Elliott wave patterns in market charts can warn of coming trends ahead of time.

Contracting triangles are a useful and simple chart pattern that does a great job of warning you of impending market breakouts. You don't have to squint to see them. Watch most markets long enough and you'll see them everywhere. Let's take a look at the latest action in crude oil futures, for example.

Earnings: Is That REALLY What's Driving The DJIA Higher?
The idea of earnings driving the broad stock market is a myth.

It's earnings season again, and everywhere you turn, analysts talk about earnings' influence on the broad stock market. Well, take a look at this chart if you also think that earnings are what you should focus on in your investment strategy...

Inflation? Disinflation? In Your Dreams
Round two of deflation is heading this way.

On October 1, the U.S Treasuries zoomed upward as the DJIA saw its first material decline in six months. In percentage terms, the Dow's decline was insignificant -- yet bonds had one of their best single-day rallies since the summer low. Why is this important? Here's why...

VIDEO: What Elliott Wave Software Should I Use?
An interesting insight into commercially-available Elliott wave programs.

"What Elliott wave software do you recommend?" is one of the most frequent questions our readers send us. Watch the editor of Elliott Wave International's Currency Specialty Service Jim Martens answer this question in this free 6-minute classic video using charts of the U.S. Dollar Index and the dollar/yen as examples.

It's Not Easy Being a Contrarian Investor
Everyone wants to "buy low." Few have the guts to "sell high." Elliott wave analysis can help in both cases.

Every investor knows that you should "buy low and sell high." Yet few actually follows these rules. Why? The Elliott Wave Principle explains it best: investors herd.

If You Want To Be a Wolf, Run With Wolves
An interview with a maverick trader and "a true Elliott wave expert."

Elliott Wave International is proud to present an interview with Roberto Hernandez, a maverick trader and "a true Elliott wave expert," as his mentor, Dick Diamond, calls him. Roberto graciously agreed to describe for Elliott Wave International's readers some of his favorite personal trading techniques...

A Bull Market That Lasts Forever?
Robert Prechter's research proves the idea of feedback loops "untenable."

the absolute majority of analysts and investors see recent economic improvements as positive for the stock market. They even say that there are "feedback loops" between the two: As the economy improves, stocks rise; as stocks rise, the economy improves -- and round and round they go. But his idea is "untenable," says Bob Prechter of Elliott Wave International.

Spot a Pattern You Recognize: One Simple Tip for Becoming a Better Trader

Wave patterns are like beautiful women, classic cars and great art – you know them when you see them.

Trading with Elliott Waves

At some point after learning the basics of the Elliott Wave Principle, you've probably said to yourself -- let's try and count some waves. The Principle claims to work in any liquid, freely traded market, so let's see if it really does. Here are a couple of hurdles you'll need to overcome first...

Wave Analysis: It's All About Fives and Threes
Elliott wave is a highly visual method.

At some point after reading the basics of the Elliott Wave Principle, any beginner says to him or herself that it’s time to try and count some waves. And that’s where things get interesting. The first question you’ll probably ask yourself is, where do I start?

The National Christmas Tree… Indicator?
Another Measure of Social Mood

"I've Got A Stock Here That Could Really Excel"
The Wave Principle -- what's it all about? Here's a quick peek at our know-how.

Ralph Nelson Elliott, the discoverer of the Elliott Wave Principle was born on July 28, 1871. His remarkable discovery suggested that the financial markets are NOT efficient because they are a function of mass psychology – not reason. Individuals can be quite rational, but groups and crowds are not; they are emotional. In a nutshell, here's what Elliott discovered...