Support and Resistance. Dumb and dumber.

Support and Resistance: Two of the dumbest things a traded should follow.  Often you will see an analysis of a chart, by a "professional" of course (especially on TV) marking the most recent high and low as "support and resistance."  Wolfe Wave Practioners giggle.

Scary headlines freak out investors:

"Market in turmoil" /  "DJIA down for the year after 274-point rout"   /  "Markets dive as jitters grow" 

Unless  you were taking my course.

Speed trading...

Much is in the news lately that speed trading is giving an unfair advantage to those with "big bucks."  Those that can position themselves to gain an unfair advantage by a nano second, either with computers or physical location.

Copycat Wolfe Wave analysis.

Copycat Wolfe Wave analysis. I get them in the mail every day. 
Programmers, system writers and "shocking headlines." They all take credit for the same thing: Their interpretation of the Wolfe Wave.

A trader's "arsenal." Not a good idea, IMO.

How many times are we reminded to "add this to your trading arsenal"? NG, IMO.  When I was a kid I had indicators for up, down and sideways markets, and anything that I could invent to be

Will yesterday’s indicators work today?

The problem with many indicators is that they are set, or shall I say, curve fit , to a specific time frame.  When the rally/decline reaches the limits of their time frame, time saturation takes place and the indicator is rendered useless.