Elliott Wave theory was introduced in the 1920's by Ralph Nelson Elliott. He was born in the year 1871 in Marysville, Kansas. Elliott enjoyed a long working life in the field of accounting and business practices for several companies. Later he started studying
the patterns of the stock market. Elliott scrutinized the half-hourly, hourly,
and daily as well as weekly, monthly and annual charts of the numerous indexes
and went through about 75 years worth of stock market behavior. He studied the
repetitive wave patterns and came to a conclusion that such patterns were a
result of the psychology of the people. Based on these wave patterns he could
make stock market predictions. This theory is now popularly known as the
Elliott wave theory.

The Elliott wave theory posits that human collective behavior shifts between optimism and pessimism in a predictable natural sequence. It also states that this sequence can be seen in market price movements. Due to the predictable nature of the wave sequences of
the Elliott wave principle, one can forecast the nature of the market by its
natural sequence of action. This ability to predict the actions of the market
allows one to be a profitable trader.

The Elliott Wave theory measures the investor-based psychology which forms the actual fueling engine of the financial markets. Every time when the people are optimistic on an issue, the bidding price goes up and when they are not confident the contrary happens. The
Elliott Wave theory is an exercise dealing with probability. A person who
practices the theories of Elliott Wave will be easily able to recognize the
structure of markets and would be able to anticipate when the next move is
likely to happen. Once you understand the wave patterns you will be able to
predict what the market is going to do next. When you use the Elliott Wave
theory, you find the highest probable moves while assuming the most minimal of
risks.

I3T3 Mega Webinar by Cautilya Capital Program provides Elliott wave theory training. Learners will have the opportunity to master the clear rules for a consistent year on year performance. The real key to using the Elliott wave principle is
to understand the rules of the theory and to understand how to apply them to a
price chart in the most objective way possible. It is also very important to
understand its limitations. Aside from the fact that up trends are harder to
forecast than that of the down trends, it must be understood that, sometimes,
the Elliott Wave count cannot be objectively determined as there are a lot of possibilities
which can exist.  All these can be
understood perfectly by Elliott wave theory training given by experts from
Cautilya Capital I3T3 program. Experts from this program have mastered the
principles of Elliott wave theory and are able to guide you to become expert
traders. Once you have applied the Elliott Wave theory principles in your
trading endeavours, you will find investment strategies in the financial
markets much easier to formulate.