Month: January 2018

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January 26 Premarket

January 26, 2018-9:19 am traderscott 12

There are different tools to employ in markets into different technical setups, but they all mesh together in some way (context). One approach is in judging momentum and the waning, building, peaking, pausing, accelerating, etc....

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January 25 Premarket

January 25, 2018-9:17 am traderscott 14

The preliminary support, selling climaxes, and the huge accumulation area in crude oil has been discussed numerous times. And then the breakout, and the major uptrend. This is generally a good script for how the...

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Interesting Tidbits

How People Are Earning Millions From Tencent’s WeChat — But Not Everyone’s Happy

January 25, 2018-7:43 am Stevie 0

Forbes A few years ago, Lin Shao was living a pretty comfortable life in the Chinese coastal city of Xiamen. He’d just landed a well-paid mechanical design job, earning more than many of his fellow […]

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Interesting Tidbits

Lagarde Says Cryptocurrency Mining Is Consuming Too Much Power

January 25, 2018-7:15 am Stevie 2

Bloomberg Mining cryptocurrencies is far too energy intensive and is consuming as much electricity as a G-20 economy, International Monetary Fund Managing Director Christine Lagarde said. “The Bitcoins mining, which is this accelerated and augmented […]

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January 24 Premarket

January 24, 2018-9:23 am traderscott 45

There’s a new post here. Doing this business well is purely hard work, and consistency. And believing in that work thru all of the struggles. From November: “But it is this chart which is by...

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Approach

Working With Scanners

January 23, 2018-11:03 pm traderscott 17

Scanners are really helpful, but they are only a tool. I use them in several different ways and this is discussed in the video, along with examples of how to set up the filters.  ...

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January 23 Premarket

January 23, 2018-9:22 am traderscott 8

New video here. When virtually everyone goes into markets, they are completely focused on “where is the market going” rather than viewing markets solely in terms of trade setups. And it’s in the correct perspective...

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January 22 Premarket

January 22, 2018-9:19 am traderscott 18

There are new posts here, here, here. In this business, if you want success, it is purely about hard work and preparation. And that preparation revolves around setups – period. The analysis, the judging of...

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Becoming a Better Trader

Believe in the Trend

January 22, 2018-9:17 am traderscott 3

There are a couple of related videos, trying to show how to work with trends. There will be more of these. Please understand how important it is to believe in the trend, and ignore noise....

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Interesting Tidbits

The MoviePass deal: For less than $120 a year, you can see 365 movies. Here’s the catch.

January 22, 2018-7:57 am Stevie 0

MSN MoviePass is a film nerd’s dream. The subscription service allows users to see one movie a day at a theater for a single monthly cost. The service isn’t new, but it’s become popular among […]

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