Low performance of paid services
I learned the Elliott Wave Principle book and applying it for 4 years. In the end of 2024, I decided to buy subscription for the analytics. 1) At the beginning of 2025, crypto analyst gave incorrect predictions for Bitcoin and Coinbase. As we now know, cryptocurrency grew until the end of summer. This led to losses. 2) In the spring and summer of 2025, Commodities analyst gave an incorrect anticipation for Cotton, Cocoa, Coffee, Sugar, Wheat. This made it impossible to make money. 3) In September 2025, a metals analyst gave an incorrect levels anticipation for Silver targets. At first, this made me wrong with to not open LONG near 40, and then with SHORT, the forecast initial anticipation was ~44. 4) In October-December 2025, the short-term financial-forecast analyst incorrectly predicted the S&P peak & swings. Gold and silver targets shifted for a new value three consecutive months. Overall, the principle itself is a cool technique. However, an accurate forecast is preceded by a series of errors. By the time they publish an accurate forecast on their X account, so many failed attempts have been made that it barely covers the losses. This points to the low accuracy of forecasts, especially for Professional paid services. I was unable to earn money. *** UPDATE I used their service again in 2026, and history is repeating itself: expectations are more often wrong than right. The hit rate is too low for such an expensive subscription.
By Zorro