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Becoming a Better Trader

More Ways to Use the 123 Wave Structure

May 12, 2018-5:13 pm traderscott 11

The whole thing with 123 plus 3.5 (terminal action) is something which I use in numerous types of situations in markets. To enter trades or to exit trades or to judge the risk of entering...

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Thoughts and Ideas

May 10, 2018-4:54 pm traderscott 0

The following are some thoughts and ideas, hopefully this will help to get your focus in the right direction. This thing is about focusing on what will get us to our goals. And please, this...

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Put Yourself On The Path To Success

April 1, 2018-12:00 pm traderscott 4

There will be several posts about how to put yourself on a good path to success, so you can move forward with confidence that at least you are moving on a path which will work....

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Probabilities, Technical Structure, Probabilities, Trade Setups, Probabilities

March 18, 2018-11:24 pm traderscott 0

Yes I realize probabilities is repeated in the title. Why? Because that is all this business is about, there are no certainties. So how do we deal with the no certainties part? By getting back...

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Higher Priced Runners and Absorption

March 6, 2018-2:20 am traderscott 0

Runner stocks can be very rewarding, but since the potential is so big, then the difficulty of trading these well is also very big. Reaccum, absorption, trend absorption, angling-up, momentum, #1 and #2 bounces –...

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More on 123 Tops and Bottoms – Believing In Your Work

February 20, 2018-2:32 am traderscott 6

This post should be used in conjunction with this one. And here is the original video about buying CANN at 2.67 on 12/20, discussed below. The 123 top and bottom is something I developed years...

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Accumulation / Distribution

Uptrend Checklist

February 5, 2018-12:37 am traderscott 2

The only way to improve your recognition of the uptrend is to see chart after chart after chart, all time-frames. And again with context, the huge uptrend, any time frame, does not come out of...

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More About Working With Scanners

February 4, 2018-4:29 pm traderscott 0

This is a follow up to the previous video about working with scanners. The video expands on that first one, and continues to show the different ways to work with them. In the video discussed...

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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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