Paul Lemal’s Elite Wavetrader launched last week for a only a short time and for only to a limited number of traders. At the time of writing this post there are still copies left. So if you’re interested then click the link below.
The Elite Wavetrader system broken down…
Elite Wavetrader is the complete opposite to a scalping system, which takes a small amount of profit on a regular basis.
Instead it focuses on high scoring and quality stocks that are potentially entering new cycles which can sometimes last for many months.
Not being a highly technical system means it can be learnt quite quickly, however there are a number of idiosyncrasies that can be used to take your trading to another level.
It primarily takes a Momentum and Price Action approach to trading by using stock cycles and stock timing models. It typically uses the BMI indicator (a momentum based indicator), in conjunction with the stock timing models and cycles, to find the big winners before they break out.
When using the system you’ll spend around 5 minutes to scan the market for opportunities that have the potential to increase the stocks price by 300-400% in a few months. Just like the trade below:
Elite Wavetrader looks for stocks that display similar characteristics as the biggest stock market winners of all time. It finds these by using a specific list of scanning criteria which is based on the reverse engineering of these stock market winners.
Elite Wavetrader teaches you the best time to be in the markets and the best times to hold back and take profits while the risk levels rise.
All this makes it possible to latch onto long term (put it on autopilot) trades.
Elite Wavetrader teaches you the key skills to become a successful trader:
- What information’s important & what’s not
- What stocks to trade
- Best times to enter and exit trades
- RTK 400% Gain In 8 days
- AIG 330% gain in 1 month - the Call Options on this one hit 3,000% in just 24 hours
- GSL 100% gain in 1 month
- YRCW 100% gain in 1 month
- ALGN 35% gain in 6 days
- CIT 100% gain in 5 days
- MSO 57% gain in 7 days