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• Elliott Wave Risk And Reward by Tony Beckwith

  ARTICLE SYNOPSIS ...Elliott Wave Risk And Reward by Tony Beckwith Establish your exit stop strategy before placing your next trade. Traders have no business trading if risk/reward analysis is not at the top of their concerns. If a trader has no idea of the potential profit return on any given trade relative to the initial risk of taking the trade at all, his long-term profitability is in question. Elliott wave (EW) analysis has come in for its fair share of criticism over the years, due at least in part to the inevitable overcomplication by analysts and the fallibility of some of their forecasting. However, by...

AUTHOR: Tony BeckwithDATE: JUL 2004SUBJECT: Money Management