Robert R. Prechter, Jr. has edited the monthly Elliott Wave Theorist since 1979 and has published two dozen books and videos on markets and social theory. In 1984, Mr. Prechter set an all-time record in the United States Trading Championship by returning 444.4% in a monitored real-money options account in the four-month contest period.In December 1989, Financial News Network named him "Guru of the Decade." In 1990-1991, Mr. Prechter served as President of the Market Technicians Association, and in 2013, he received the MTA's Annual Award. He serves on the Advisory Board of the MTA Educational Foundation.Mr. Prechter is president of Elliott Wave International (elliottwave.com), which provides monthly and intraday analysis on stock markets, currencies, interest rates, commodities and social trends to institutional and private investors around the world.In pioneering a new theory of social causality called socionomics, Mr. Prechter has written three books on the subject, formed the Socionomics Institute (socionomics.net), hosted an annual Socionomics Summit, and co-authored three academic papers, which may be found on the Social Science Research Network website.Mr. Prechter attended Yale University on a full scholarship and graduated in 1971 with a degree in psychology. He began his career as a Technical Market Specialist with the Merrill Lynch Market Analysis Department in New York, where his original work with the Wave Principle led to a small but loyal following, introduction to A.J. Frost, and ultimately to this book.

First published in 1978, Elliott Wave Principle is the definitive text designed to help the Elliott wave novice and veteran practitioner alike. This book will teach you the rules and guidelines of the Wave Principle and help you understand how to apply it to any financial market.37-plus years is enough time for investors to deem a book about an investment method as "classic," and surely the jury is in on this one: Elliott Wave Principle is now published in seven languages, and continues to sell thousands of copies every year. In Europe, Asia and the Americas, literally millions of investors worldwide use or recognize the Elliott Wave method as the road map for how markets behave.