Should I Learn Elliott Wave Theory?

Hello there!

I’m curious about Elliott Wave Theory and whether it really works. Do you think it’s worth learning? Also, should I focus on classic analysis first before diving into Elliott Wave? :thinking:

I’m considering if I should learn Elliott Wave or something else, like ICT. What do you all suggest? Any advice or experiences you can share would be greatly appreciated! Thanks.

I’ve been trading for a few years now, and like many, I started with the basics of technical analysis before diving into more complex theories like Elliott Wave. Personally, I found that learning classic analysis first gave me a solid foundation, which made it easier to understand and apply Elliott Wave later on. While Elliott Wave can be powerful, it’s also subjective and requires a lot of practice to use effectively. If you’re just starting out, I’d suggest getting comfortable with traditional chart patterns and indicators first, and then exploring Elliott Wave or ICT if you’re looking for more advanced techniques. It all depends on your trading style and what resonates with you.