Actually I started with Elliott wave studies, studied Frost and Prechter, Glenn Neely.....broke my head in countless hours in deciphering which wave is unfolding. But I soon realised that I lost more money on my analysis than I made on it.
As Thomas DeMark puts it " Elliott wave is like smoke...you can see it...you can analyse after the event but you cannot catch it ...."
Hope no Elliott wala around...had neither intension nor patience for getting into arguments.
Smart_trade