Ralph Nelson Elliott discovered the Wave Principle in the 1930s. Over the decades, his discovery was kept alive by a handful of individuals. A few of those, such as Bolton, Prechter and Frost, educated investors on how to use pattern analysis in financial markets. To help out Elliott Wave International's readers in learning the basics of the method, they put together a free 10-lesson online tutorial. Here's an excerpt from lesson 1. To get it in full, look for details below.