Avalon7

This is definitely propaganda. Take a look at coherent government policy over the last 40 years that made individual households so financially weak that people could not pay their mortgages, coupled with a coherent public policy that made sure that "everyone should have a house" whether they could afford it or not, with the full faith and credit backing of yours truly the Federal Gov't, in case people defaulted on their loans. And of course, this is exactly what happened. And then people have the audacity to be surprised when there is a mass default. The problem is both social and systemic. You cannot tear apart the fabric of society without also effecting its financial structure. It is not Wall Street's fault, and is most certainly NOT four sole individuals. This is nothing but leftist propaganda.

Agreed. I find that when I try to make money for money's sake, or try to make "X" pips per day, I inevitably lose because I force trades. As if I "have to" make "X". If I just watch and wait for a setup, and if I see it, take it - and don't think about the pips or a certain amount - I consistently do better. Not just a little bit better. Far better. It's totally psychological about forcing trades or not for me. Thanks for this topic - an incredibly well timed reminder!

Pretty simple. I go in the direction of the trend based on multiple time frames 1hr, 15min, 5min. When they align either up or down, the market will rock. I use simple MA's and MACD and/or ZeroLag MACD, and primarily use the 15min with a lower TF confirmation. In essence, it's buying dips and selling spikes only in the direction of the trend so that even if I'm wrong, it will likely soon go in my favor. If I had to pick only one indicator, it would be the triple woodies (which is essentially the CCI), or ZLag MACD (but like anything else, you must understand what it's doing before you use it ).