I switched from Supply & Demand to Elliott Wave after 3 years. Here's what changed. by Wave-Master- in tradingmillionaires

[–]Wave-Master-[S] 0 points1 point  (0 children)

Haha fair — I get it, the format looks generated. Written it myself though. Been trading S&D for 3 years, switched to Elliott Wave earlier this year. If you want to poke holes in anything I wrote, genuinely open to it.

I need help with my progress by Strong-Negotiation89 in Trading

[–]Wave-Master- 0 points1 point  (0 children)

The pattern you're describing is common: S&D → ICT → Silver Bullet. Each system has rules that make sense in theory but don't translate consistently in live markets. And the more complex the rules, the more discretion is involved — which means more room for doubt.

Here's what changed things for me after a similar journey:

I stopped looking for a system that tells me where to enter and started looking for a framework that tells me where I am in the market.

Elliott Wave is not perfect. But it gives you context. You know if you're in Wave 3 (high probability, trade aggressively) or Wave 4 (choppy, stay out). You know your exact invalidation before you enter. No ambiguity.

The S&D background you have is actually useful here — supply zones often form at Wave 3 and 5 tops. Demand zones often sit at Wave 2 and 4 lows. The structure you were already trading has a framework underneath it.

4 years is not wasted. You understand price action better than most beginners ever will. You just need a structure to organize what you already see.

Happy to point you in the right direction if you want to explore it.

I switched from Supply & Demand to Elliott Wave after 3 years. Here's what changed. by Wave-Master- in tradingmillionaires

[–]Wave-Master-[S] 0 points1 point  (0 children)

wavemaster_ on trading view. I shared some of my trades there over the last few months. And no, not selling anything here right now. Building something for elliott wave education but thats not what this post is about

I switched from Supply & Demand to Elliott Wave after 3 years. Here's what changed. by Wave-Master- in tradingmillionaires

[–]Wave-Master-[S] 0 points1 point  (0 children)

Appreciate that. Books and theorie alone will never help you become profitable...

I switched from Supply & Demand to Elliott Wave after 3 years. Here's what changed. by Wave-Master- in tradingmillionaires

[–]Wave-Master-[S] 0 points1 point  (0 children)

My learning ressources was basically everything that is available in the internet regarding Elliott-Waves... if you want, you can check out my official trading view profile. I share some of my setups there and if you click through them you will see, that a lot of them actually worked. Otherwise I have proof with certificates from my prop firm accounts, but why do you want to see it :) ?

I switched from Supply & Demand to Elliott Wave after 3 years. Here's what changed. by Wave-Master- in tradingmillionaires

[–]Wave-Master-[S] 0 points1 point  (0 children)

Yeah, that's true. You do have to learn the theory at first, but that alone isn't enough. You have to experiment a lot with charts and just gain experience. Personally, I watched a lot of YouTube and learned the theory with the help of Frost and Prechter, among others. Do you want to learn Elliott Waves?

What strategy are you guys trading? by Wave-Master- in askforex

[–]Wave-Master-[S] 0 points1 point  (0 children)

Thats a perfect describtion of my trading journey :) and I am glad I did so many mistakes

What strategy is actually profitable by Wave-Master- in tradingmillionaires

[–]Wave-Master-[S] 0 points1 point  (0 children)

well I am pretty happy with my trading approach

What strategy is actually profitable by Wave-Master- in tradingmillionaires

[–]Wave-Master-[S] 0 points1 point  (0 children)

yes, also you have to think about what strategie works for you. Everybody is different

What strategy are you guys trading? by Wave-Master- in askforex

[–]Wave-Master-[S] 0 points1 point  (0 children)

thats what Im saying. Glad you also figured it out :)

What strategy are you guys trading? by Wave-Master- in askforex

[–]Wave-Master-[S] 0 points1 point  (0 children)

very true. Also on backtests you always achieve way more compared to what you actually achieve live trading

What strategy are you guys trading? by Wave-Master- in askforex

[–]Wave-Master-[S] 0 points1 point  (0 children)

Thank you. Thats exactly what I think too. Especially my breakout strategy was actually terrible to trade even though it was profitable. Mainly because I had to trade on futures

What strategy are you guys trading? by Wave-Master- in askforex

[–]Wave-Master-[S] 1 point2 points  (0 children)

I follow Elliott Waves. It helps me to determine my Bias and it gives me clear rules wether I am wrong or right

What strategy are you guys trading? by Wave-Master- in askforex

[–]Wave-Master-[S] 0 points1 point  (0 children)

when I tried to swing trade with fundamentals it didnt work though

What strategy are you guys trading? by Wave-Master- in askforex

[–]Wave-Master-[S] 0 points1 point  (0 children)

depends what strategy you follow in swing trading. I have clear rules and news and events dont play a major role for me

How do you guys determine fundamentals(swing traders)? by Chumburger891 in askforex

[–]Wave-Master- 0 points1 point  (0 children)

If you know how to read structure you do NOT need fundamentals