Student stories

Accounts from analysts who attended our workshops, coaching sessions, and chart reviews.

I attended the foundation workshop because my firm's internal training skipped corrections entirely. Khoa walked us through a live VN30 chart where wave 4 overlapped wave 1 — I had been ignoring that rule for months. The journal template they provide is plain but effective.
— Duc L., junior analyst, Ho Chi Minh City brokerage
Coaching sessions helped me stop relabeling mid-trade. Mai would ask one question: "What invalidates this count?" If I hesitated, we reset. It felt slow at first but my April journal had half the revisions compared to March.
— Thao V., part-time forex trader, Can Tho
The classroom in Binh Thuan is modest — no fancy screens — but the chart printouts and markup exercises are thorough. I wish the advanced corrections day had been longer; we barely touched running triangles.
— Quang H., independent commodities trader
Sent three months of journal entries for a written audit. The feedback document was twelve pages with specific wave-rule citations. Some of it stung, especially the section on forcing counts to fit my bias, but it was exactly what I needed.
— Anh T., equity swing trader, Hanoi
My employer sponsored the workshop for four desk assistants. Two of us still use the wave criteria sheet daily; the other two found Elliott too subjective for their style. Fair outcome — the instructors never pretended it suits everyone.
— Bao N., team lead, regional securities firm
Single chart review on a USD/VND position I had held too long. The instructor identified my wave 5 as an incomplete wave 3 extension in under ten minutes. Cost me 1.8 million dong and saved a larger loss.
— Phuong D., currency trader, Da Nang

Case study: Rebuilding a VN-Index count after a false breakout

Student: Minh T., independent trader
Program: Foundation Workshop + two coaching sessions
Market: VN-Index, daily timeframe

Minh entered the February cohort labeling a five-wave advance on the VN-Index that had already exceeded typical wave 3 proportions. During the live chart exercise on day one, the instructor marked his wave 3 as a likely extended third and asked him to identify where wave 4 should have held.

Minh's original count placed wave 4 above the wave 1 high — a clear rule violation he had rationalized because the "trend felt strong." The workshop exercise required rewriting the count as an incomplete diagonal, which shifted his target zone significantly lower.

Over two follow-up coaching sessions, Minh applied the journal method to every VN-Index trade for six weeks. He reported three key changes: writing invalidation levels before entry, waiting for wave 4 completion before adding to a trend position, and abandoning counts within two sessions when price action contradicted the label.

He noted that profitability did not improve immediately — the discipline reduced trade frequency, which felt frustrating in a rising market. By week eight, he reported fewer scratch trades and a clearer sense of when to stand aside during ambiguous corrective phases.

Case study: Journal audit for a forex analyst

Student: Lan P., forex analyst
Program: 30-day journal audit
Market: USD/VND, 4-hour timeframe

Lan submitted 34 journal entries covering six weeks of USD/VND trades. The audit identified a recurring pattern: she correctly identified impulse structures in hindsight but entered during wave 2 or wave 4 pullbacks without confirming subdivisions.

The written feedback included annotated chart excerpts for twelve entries where wave rules were violated, plus a recommended checklist for pre-trade review. Lan implemented the checklist and returned for a single chart review session one month later, reporting that she had reduced entries during corrective phases by roughly half.