🔥 In trading, there are always two types of people:
Those who look at the chart and see what they want to see.
Those who see what is actually there.
Who earns? The second ones.
📉 Example from life:
Elliott waves are a great thing. But here’s the problem: the first wave can be found anywhere.
One saw a wave from the minimum, another from the middle, the third from the maximum.
And EVERYONE is sure they are right.
Result: someone will earn, and someone will say: 'Elliott is nonsense, it doesn’t work.'
Question: Is it about the method or about drawing waves where it's convenient?
🚦 How to be?
Create your OWN RULES and do not break them.
Started counting waves from the level — do it this way always.
If you use volume for entry — follow this principle, even if your hand wants to 'guess.'
The logic is simple:
Elliott waves, levels, patterns – it's like chess. If you move the pieces not according to the rules, you won’t win.
📒 Mini-rules for a trader (without fluff):
Elliott Waves: The start of the first wave – from the nearest minimum, NEVER from the middle of the chart.
Stop-loss: Below the minimum of the local candle. Always. Don’t guess.
Entry: Only after breaking the level + volume. Everything else is an illusion of control.
Record your trades: If you didn’t record it, it means there was no trade. Forget about 'I remember anyway.'
⚡️ How to understand that you are trading subjectively:
Every entry point is different.
Justifying a losing trade with the phrase: 'Next time it will be lucky.'
The strategy changes depending on your mood.
Familiar?
🚀 How to be objective (and stop suffering):
Make the SAME choice in every trade.
Keep a journal to understand what works and what doesn’t.
Stop guessing and start testing.
Rules win over emotions. Even if you are not perfect – the market respects those who follow their principles.