About Our Service

About Elliott Wave

 * Elliott Wave is a form of technical analysis used to identify financial market cycles and trends. It is based on the theory that public sentiment and mass psychology move in waves, which Elliott Wave analysis seeks to forecast. See our Elliott Wave Webinars. Also visit our section on Elliott Wave Theory and the question on Elliott Wave in What Not to Post - Answers to Most Commonly Asked Questions.

How We are Different

 * Avi Gilburt and ElliottWaveTrader use Elliott Wave analysis without the personal biases that have come to distinguish those who've used the strategy ineffectively. Gilburt's strategy avoids the pitfalls of emotion in favor of pure measurement of the charts and wave patterns. See our About ElliottWaveTrader section.

What We Offer

 * ElliottWaveTrader offers a live Trading Room of market analysis led by Avi Gilburt, along with contributing analysts Zac Mannes, Garrett Patten, Xenia Taoubina, Arkady Yakhnis, and Steve Gilewski. It also features insights and interaction by our dynamic community of traders, many of them professionals, as members are encouraged to post questions and contribute their own analysis in the room.


 * Newcomers joining us on a free trial access the following services in the room: 1) Avi's Market Alerts, which covers U.S. equity indices, along with precious metals, energy and forex; 2) Zac's StockWaves, which features wave analysis on individual stocks (see About Stock Waves); 3) Garrett's World Markets, which features wave analysis on 9 international indices (FTSE100, DAX, Euro STOXX 50, Nikkei, Hang Seng, India's Nifty 50, Mexico's IPC Index, Brazil's Bovespa & Australia's ASX 200); and 4) Options with Xenia, which features trade alerts and education using options.  Posts for these services are delivered both in the room and via email, depending on your email notifications selection.


 * As an upgrade to Avi's Market Alerts, members may sign up for his Live Video premium service, which are interactive Webinars that Avi provides 3x a day.


 * At any time during the 15-day trial, you can add your billing information for one or any combination of the services, which then provides you with posting privileges in the Trading Room. All of our services include access to our Beginner's Blog, hosted by Steve, which consists of live Q&A's in the room to help newcomers better understand Elliott Wave.  The services also include access to our Member Pulse tab, where you can see what members are trading (Member Portfolio) and what posts they like most (Member Bookmarks).

Navigating our Trading Room - Video Tutorials

 * Every several weeks, we offer Webinars that help in both navigating the room and understanding Elliott Wave.
 * View our Webinar archive.
 * View our 4-min tutorial on navigating the site.
 * Please note: Mac users may need to download Flip4Mac or VLC Media Player to play the recorded videos.
 * Also see our 2-Minute Video on Tagging Posts to make them more searchable.

Important Risk Management Caution

 * We want everyone on ElliottWaveTrader to understand that markets are fluid, dynamic, non-linear systems. In order to trade such systems, one has to develop the experience necessary to navigate its complexities. Therefore, we strongly suggest that a trader takes the time to learn Elliott Wave and supporting technical analysis BEFORE beginning to trade his or her hard-earned money. Unfortunately, we have seen too many new traders attempt to jump in with both feet without an appropriate background. This is the easiest way to blow up your trading account, so we strongly caution against it. Also, our general advice is that you do not enter any trade with more than 3% of your trading account and ALWAYS use stops.

Rates &amp; Billing

 * A free 15-day trial is provided without a credit card requirement. During the trial, you will be prompted to add your billing information. Billing will take place on the 16th calendar day after your trial. Rates for each service are $99.95 per month, $275 quarter, $525 semi-annual, or $1000 annual.  There is a combined discount of $20/month when adding StockWaves or World Markets to Avi's service.  Semi-annual and annual subscriptions cannot be added automatically, so please contact us at info@elliottwavetrader.net or 310.802.1200.

How We Began

 * Posted by Avi (Mar 24, 2013): As a lawyer and accountant, I used to be a high ranking partner in a national accounting firm at a very young age. I built and brought in significant business in the 5 years that I was there, with over 70 employees that I hired and worked under me. But, when my first wife said she was leaving me and the kids, I put in my resignation, and began working from home doing tax and M&A consulting. I shortened my work days to end at 3:30, so I was able to be with my kids when they came home from school.


 * It was years later that I met Becky, and we married. But, 11 days after our son was born, we found out that she had a very rare form of cancer. So, as things became much more hectic at home with 4 children, the youngest being an infant, and a wife who was ill, I was not able to focus on my practice as much. Ultimately, I had to tell my clients – who actually became friends over the years – what was going on, and slowly had to let some of them go as clients since I was not able keep up with the work.


 * As I was spending the majority of weeks at a time with Becky in the hospital, I began doing some day trading to make some additional money. Until this time, I had a “hobby” of learning various methods of stock market analysis, and the only thing that seemed to really work and speak to me was EW. I started using it more and more while day trading, and then began looking for websites that offer chat rooms so I can get stock ideas to trade.


 * This is how I stumbled upon Harry Boxer, and his site TheTechTrader.com. Harry was great at identifying the momentum stocks, and I started to trade with the folks on his site. As I became more and more comfortable on the site, I started to make some market and stock recommendations for top and bottom targets in equities as well as the stocks we were following. Since a great number of them proved to be quite accurate, Harry and many of the members began to take notice. Harry reached out to me, and we started speaking on the phone, as he was curious as to how I came about my accurate market calls.


 * After a bit more time went on, and more day trading out of hospital rooms, Harry started to suggest to me that I start a site of my own based upon my EW analysis. I was truly flattered by the offer, as he wanted to set me up with his partner, Rich, who worked with him on getting his site started a decade before. I explained to him my personal situation, and that I was working out of a hospital room, and did not think I would be able to dedicate the time and effort needed to begin a site at a time like this in my life.


 * So, maybe another 6 months went by, and we started seeing some daylight in Becky’s condition. But, I already had to abandon my main practice because I was not able to devote the time and travel to assist my clients appropriately. So, after much deliberation, and at Becky’s insistence, I decided to take Harry up on his offer. Harry then introduced me to Rich, and we began our discussions.


 * I know I may embarrass Rich with what I am about to say, so I do apologize Rich! Lol But, in our first discussions, Rich said that he had prior experience in attempting to start an EW site, and it was a complete disaster. He was not so sure about starting another site based upon EW.


 * But, I insisted that there was such a lack of support in the cyber-world for those who are trying to learn EW. I felt strongly that those who wanted to learn or were just starting their learning of EW needed to have a support site to assist in their growth along the right path. There were just too many bad EW analysts out there, and that is what has given EW a bad name over the years. Rather, if there was a site that could be true to the rigorous standards espoused by Elliott, then people who were really interested in EW would have a place to go to support their learning.


 * Well, as they say, the rest is history, as we began to build ElliottWaveTrader.net.


 * As for Cow, he has been a close friend of mine for over a decade now. We both live in the same community, go to the same synagogue, and live just blocks away from each other. After I first learned EW, I had a discussion with him about it, and he was intrigued. I set him up with Frost & Prechter, and we went back and forth a lot as he was learning the method, and I tried to provide him as much of my insight as possible as he was learning. But, there was not doubt that Cow was a prodigy at EW.


 * As for Shift and Arkady, they both came onto the site as members, and began learning our methodology on the site. They became so proficient in such a short period of time, there was no other way to describe them both other than as prodigies, just like Cow. They were all so good, we considered ourselves lucky to be able to add all three of them to the EWT family.


 * So, here we are today, after being open for a year and a half, and a membership base that truly astounds me in both its size and depth of knowledge and experience.