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Becoming a Better Trader

Bull and Bear Traps

March 24, 2017-1:38 am traderscott 1

Bull and bear traps are emotional names for nothing more than springs and upthrusts. So what you’ve heard for years is basically nothing more than the best areas to enter markets – into “bull and...

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Trades To Not Do

March 22, 2017-1:01 am traderscott 0

It’s also good to look at trades which I would not have done. There are two stocks here, one is a winner and one is a loser. But I’ll go thru and point out why...

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Gold March Seasonals Video

March 12, 2017-5:03 pm traderscott 0

  There is a belief in PMs putting in a mid-March low as part of a seasonals tendency. This is on a more intermediate to longer term look. Let’s take a look.      ...

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Trading Skills

March 11, 2017-6:18 pm traderscott 0

The part of markets which no one talks about, but good traders understand, if only intuitively, is the essential set of trading skills. The list is endless, but it includes: work ethic, patience, toughness, persistence,...

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Trading Skills

March 8, 2017-5:16 pm traderscott 2

There are two parts to being successful as a trader/investor. The part almost everyone focuses on is the analysis (aka method). The other part is one’s abilities as a trader. But of the two parts...

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GLD Buy/Live Video

February 28, 2017-9:17 am traderscott 0

We’re keeping a tight leash on this trade, with the Trump speech tonight. The buy for GLD was at 119.21, and that is my stop also. There is a quick discussion on the miners –...

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NUGT Buy/Live Video/Gaps

February 22, 2017-12:24 am traderscott 0

  Gaps in markets become their own support and resistance areas and can be used, more importantly, as entry points into a stock/market. They can also be used as a place to take profits, while...

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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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