Here, I explain my money management system using Elliot Waves. I explain how I open positions and how I take profits within waves 1, 2, 3, 4, and 5.

And the most difficult part is determining the entry point in wave 1, because wave 1 usually marks the transition from the end wave to a trend reversal. That's why I scalped a lot yesterday, including this morning, because I'm still waiting for the invalidation zone to be breached, at 181.

and my advice remains the same, don't use future trade in Elliot Wave theory because the invalidation zone is large

and what is also dangerous is wave 5 (end wave) the market often goes up and up without stopping and suddenly crashes