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FCX Short Term Trade

February 8, 2017-3:39 am traderscott 0

The Entry Points Here is a video of a short term trade in FCX  – an overnight hold. We can talk and write about this blah, blah, but trading is about doing, not thinking. We...

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Accumulation / Distribution

Psychology, Bond Market

February 8, 2017-1:30 am traderscott 0

    My belief, expressed several times since December, is the bond market is under serious accumulation. Why, I don’t know. There is a monster imbalance in the weak/strong hand positioning. That is not the...

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Momentum/Video

February 7, 2017-8:55 pm traderscott 0

  Momentum is a fantastic tool for short term trading (entering the position in the direction of the momentum, but into a reaction or rally against it). But on a much bigger picture basis, the...

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The Method – Fear and Greed/Video

February 5, 2017-2:24 pm traderscott 0

  I abandoned technical analysis (TA) because it just didn’t work for me, it was always uncomfortable. Waiting for markets to rally or decline enough to “confirm” things just doesn’t feel right to me. But...

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PMs / Relative Strength

February 5, 2017-1:58 am traderscott 0

  Relative strength is a great concept (not theory) to lower RISK, and also to increase the probabilities of a profitable outcome. This relative strength approach is not to be confused with the relative strength...

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Gold, Breaking Support / Stealing

February 3, 2017-4:15 pm traderscott 0

There were some questions about what I meant by stealing. If the trend is up, it’s like stealing when buying on breaking support. And on any time frame, even long term. Remember the posts back...

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Breathing Room / Major Ending Action

February 2, 2017-7:41 pm traderscott 5

After a stock or market has had a big move, let’s assume an upmove, it usually requires a rest/pause. The only caveat is if there has been major ending action, relative to any time frame....

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PMs / Keep It Simple / How to Buy/Video

February 2, 2017-12:59 pm traderscott 0

The Entry Points I’m hearing the usual junk about how gold can’t close below this or that price, otherwise it’s bearish. That’s horse manure. All that matters is the trend. If the trend is up,...

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Thinking vs. Doing/Losers vs. Winners

January 28, 2017-1:41 pm traderscott 0

  Planning every day, preparing every day, working hard every day, staying tough every day – these are the things to do. Leave the thinking to the losers. It’s taking actions outside of trading which...

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Risk and Rewards vs. Risk and Potential / Probabilities

January 26, 2017-4:01 pm traderscott 0

  The second we make a bet in the stock market, we’re immediately  at risk. That’s all we know for sure. We have no idea if we’ll ever book any profits. Yet the profits are...

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