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elliot wave + fibonacci indicator

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How do you gain patience in trading?
There are four simple ways traders can learn the skill of patience:
  1. Use “feelers,” or small positions, to help you find the direction. ...
  2. Scale slowly into or out of positions. ...
  3. Document what triggers you to lose patience. ...
  4. Have a “build,” rather than a “make” mentality.
 
The difficulty is to locate the right low and the right high. Then on what timeframe.
Generally when we have the retracememt on the chart, we see their role in the price movement but we do not know when to exploit or anticipate them.
 
I have been having problems with wave counting when trying elliot wave. maybe this will help
Elliott waves for sure is a study for a while. I don't think that beginners should be starting on this. Perhaps when they are bit more comfortable with trading.
 

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