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December 27 Premarket

December 27, 2017-9:28 am traderscott 5

The three month, two and three year US Treasury yields hit more 9+ year highs, and there is nothing on this planet more long-term bearish than government bond markets. The world as we’ve known it...

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Averaging Down vs. Averaging In – Margin of Error

December 26, 2017-3:49 pm traderscott 0

I never average down, but I often average in. Why? Because market bottoms are processes, so I decided long ago to approach markets based on the reality of how they actually operate. Meaning if a...

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Intraday Comments

December 26, 2017-12:47 pm traderscott 7

Took some initial profits in RIOT this morning at 29.40. BTC itself is into a resistance area. We are giving out many, many opportunities. I have discussed over and over and over that “the pot stocks...

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December 26 Premarket

December 26, 2017-9:27 am traderscott 4

We approach markets with the view of there never being a day off, markets are a wonderful business, and we love the work involved. There are several new posts here, here, here,here, here. Why do...

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Becoming a Better Trader

Bounces, Secondary Rallies, Opportunities

December 26, 2017-8:31 am traderscott 0

Bounces off of the first BC (buying climax)/preliminary supply are extremely high probability opportunities – all time frames please understand this comment I keep making. It is about understanding it is going to happen, and...

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Cause vs. Effect / Point & Figure

Point and Figure Chart Construction

December 25, 2017-1:17 am traderscott 0

Point anfd figure charts are a wonderful tool. They are another way to add to (enhance) the probability structure of what we do in markets. A word of caution, do not try to use them...

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Approach

Fight Thru a Loss, Let It Bounce

December 24, 2017-8:34 pm traderscott 0

As discussed many times, I usually don’t use physical stops. I use mental stops, and have a general idea where to get out of a loser. I don’t spend a lot of time on the...

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December 22 Premarket

December 22, 2017-9:21 am traderscott 6

Time-frame confusion is a killer in markets, but is a must to get a handle on as it’s so helpful to work thru it. And with our discussion of so many of the big tops...

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December 21 Premarket

December 21, 2017-9:24 am traderscott 3

MGTI has been a great trader for me for the last two days. but out for now. The discussion is here, along with discussions about the Euro, other trades, etc. My stop in CANN is...

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December 20 Premarket

December 20, 2017-9:20 am traderscott 2

As I discussed years ago – the stock market is not remotely a bubble, it’s not about to “crash”, and the big-picture bull market will continue. It will face many hurdles, but it won’t derail...

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