Elliott wave is a form of technical wave trend analysis of financial instruments particularly stocks and futures. The objective is to have some predictable model in the overall/long term trend of stocks/future indices.
Elliott wave is a five step wave improvement in the bull trend, for example:
You might have heard the term “Day Trading” but does not understand the meaning. Or maybe a profession called as “Day Trader” such as job of Micah in the movie “Paranormal Activity”. These jobs are not very common and is sometimes confused with the following terms:
a.) Stock trader
b.) Investor
c.) Entrepreneur
d.) Businessman
As a definition, a day trader is someone who:
1.) Trade either stocks or futures in a daily basis.
2.) Mostly work at home or maybe hired to do the job.
3.) Make a living out of trading profits.
So lets back with the common misconceptions:
1.) Does a day trader a stock trader? The answer is yes, (more…)
