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Update NUGT Video/Spring/Selling Into Strength/Part 2

February 16, 2017-10:54 am traderscott 0

The update to the 2/15/17 trading buy in NUGT is below. Short term trading is in and out, nothing fancy, just blue collar work – always being prepared, which helps in acting calmly and without...

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Part 2 Getting Started/Risk

February 15, 2017-8:54 pm traderscott 0

  Virtually all of us, myself included, focus our initial “education” regarding markets in a similar direction. We spend our time with economics, finance, geopolitics, technical analysis, fundamental analysis, finding an elaborate method. We are...

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Approach

The Only Way to “Buy ‘THE’ Bottom” is to Buy ‘A’ Bottom

February 15, 2017-8:05 pm traderscott 0

  For all of the subscription services which purport to know how to be able to accurately predict where a market will bottom, not a one of them explains that you actually have to have...

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NUGT Live Video/Spring/Part 1

February 15, 2017-12:27 pm traderscott 0

  The following videos are from real time this morning when the miners and gold both were in the midst of SPRINGING their support areas. Springs and upthrusts are powerful tools in markets. One of...

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Markets-Economics

CPI Surges Most in Four Years

February 15, 2017-8:52 am traderscott 0

The Entry Points The prices in the US rose in January the most in four years. We’ve got some problems to deal with. Now the $ is at multi-week highs. So now the people who […]

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Markets-Economics

Warren Buffett just dropped Walmart and signaled the death of retail as we know it

February 15, 2017-6:39 am Stevie 0

MSN Warren Buffett’s Berkshire Hathaway just sold off $900 million of Walmart stock, choosing to invest billions in airline stocks instead. The sale, which leaves Buffett with nearly no shares in Walmart, comes as America’s largest […]

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Support and Resistance Live Video NUGT Short

February 14, 2017-10:57 am traderscott 0

  Daytrading is mainly about using support and resistance and taking our shots. Keep in mind the current shorter term trend also.  ...

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Biases are KILLERS!/Video

February 14, 2017-9:18 am traderscott 0

Biases in markets destroy the mind, and they destroy optimism and passion – leading to not believing in ourselves. For if we don’t have optimism and passion, what’s the point of working hard. It’s the hard...

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Approach

Stop Predicting, Just Trade

February 14, 2017-1:43 am traderscott 0

  There is so much wrong with how so many people approach markets. And predicting/guessing is one of the most toxic transgressions. One of the biggest advantages with short term trading is how much less...

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Accumulation / Distribution

Downtrend and Uptrend Combined With Accumulation Video

February 13, 2017-7:56 pm traderscott 0

I believe the PMs are in a major bull market from the lows from late last year thru January. The daily chart shows the very large ACCUMULATION (weak hands to strong hands) area in GDX. It...

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