Trader Scott’s Market Blog

Trader Scott has been involved with markets for over twenty years. Initially he was an individual floor trader and member of the Midwest Stock Exchange, which then led to a much better opportunity at the Chicago Board Options Exchange. By his early 30’s, he had become very successful in markets, but a health situation caused him to back away from the grind of being a full time floor trader. During this time away from markets, Scott was completely focused on educating himself about true overall health and natural healing which remains a passion to this day.

While growing up, Scott had no interest in markets and business. His passions were focused on both sports and music, as he craves competition. And it was this competitive spirit that piqued his interest in markets after a casual visit to a former teammate who was then a floor trader at the Chicago Board of Trade.

The route that Scott took to eventually become a full time independent trader initially showed tremendous incompetence which is not unusual at all. It is these early failings in markets which is the incubator for later success, but only if someone is willing to go thru the struggles to get there. Trader Scott’s route to success and longevity in markets followed this common path: After losing his starting capital within the first year, he regrouped to make one more attempt. That second attempt almost failed also, but within the next two years he got to the point of being able to meet living expenses from just trading alone and therefore never eventually needing to actually have to “work”.

It was these early brutal lessons and many more over the years that allowed him to eventually be consistently profitable in his market operations. He had learned the vital lessons for success. These include: how to approach markets correctly; why we need a superior method for analyzing markets; how markets are nothing more than a place to place our wagers; and why we need a strong, stubborn, tough, competitive personality and psychological approach. These are the experiences that Trader Scott is now passionate about passing on to those willing to listen and who want to have some consistence success in markets.

Scott returned to markets over fifteen years ago where he continues as an independent trader. He also enjoys doing sprint workouts at the track, playing basketball, getting together and jamming with some buddies, and vegging out.

Trader Scott’s Market Blog – Andrew Maguire: Gold and Silver to Skyrocket – February 26, 2017

Andrew Maguire: Gold and Silver to Skyrocket       Trader Scott’s Market Blog February 26, 2017 Click to sign up for Trader Scott’s Free Market Updates or e-mail TraderScott2@gmail.com   Andrew Maguire is out once again with his claims about the gold manipulation. “The whistleblower who blew the gold and silver markets wide open in…

Trader Scott’s Market Blog – Trump Now Taking Credit for “Cutting the Debt” – February 26, 2017

Trump Now Taking Credit for “Cutting the Debt”       Trader Scott’s Market Blog February 26, 2017 Click to sign up for Trader Scott’s Free Market Updates or e-mail TraderScott2@gmail.com       President Trump was on twitter again this weekend, and now he wants to take credit for cutting the national debt. Seriously?…

Trader Scott’s Market Blog – An Update on Gold vs. the Crappy US$ – February 23, 2017

An Update on Gold vs. the Crappy US$     Trader Scott’s Market Blog February 23, 2017 Click to sign up for Trader Scott’s Free Market Updates or e-mail TraderScott2@gmail.com   There is a generally accepted (and usually) correct belief in the inverse relationship between the US$ and gold. This belief is ingrained and with…

Trader Scott’s Market Blog – Long Term Gold/US$/Selling Solar Stocks Into Strength/Video – February 23, 2017

Long Term Gold/US$/Selling Solar Stocks Into Strength/Video       Trader Scott’s Market Blog February 23, 2017 Click to sign up for Trader Scott’s Free Market Updates or e-mail TraderScott2@gmail.com     This video is a longer term outlook for different markets, with a bit of current position changes.  I make mostly short term videos,…

Trader Scott’s Market Blog -Turmoil in Europe/Waiting for Opportunities – February 22, 2017

Turmoil in Europe/Waiting for Opportunities       Trader Scott’s Market Blog February 22, 2017 Click to sign up for Trader Scott’s Free Market Updates or e-mail TraderScott2@gmail.com     The political turmoil in Europe is continuing. The Euro is in a major downtrend, while the $ is in a major uptrend. This won’t last…

Trader Scott’s Market Blog – NUGT Buy-Live Video/Ag Stocks-Position Trade – February 22, 2017

NUGT Buy-Live Video/Ag Stocks-Position Trade       Trader Scott’s Market Blog February 22, 2017 Click to sign up for Trader Scott’s Free Market Updates or e-mail TraderScott2@gmail.com       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…

Trader Scott’s Market Blog – Houses, Cars, College/Uh-Oh – February 19, 2017

Houses, Cars, College/Uh-Oh       Trader Scott’s Market Blog February 19, 2017 Click to sign up for Trader Scott’s Free Market Updates or e-mail TraderScott2@gmail.com       The series of financial crises have been intensifying over the last twenty years. In July 1997, there was the beginning of the currency problems in Thailand…

Trader Scott’s market Blog – Trump’s Non-Existent Tax Cuts – February 18, 2017

Trump’s Non-Existent Tax Cuts     Trader Scott’s Market Blog February 18, 2017 Click to sign up for Trader Scott’s Free Market Updates or e-mail TraderScott2@gmail.com   Only in the government can you have the lunacy of “paying” for tax cuts by increasing taxes somewhere else – and of course, not cutting spending. And it’s…

Trader Scott’s Market Blog – NUGT Update Video/Selling Into Strength – February 16, 2017

NUGT Update Video/Selling Into Strength     Trader Scott’s Market Blog February 16, 2017 Click to sign up for Trader Scott’s Free Market Updates or e-mail TraderScott2@gmail.com   The update to yesterday’s trading buy of a spring low in NUGT is below in the live videos. Short term trading is in and out, nothing fancy,…

Trader Scott’s Market Blog – NUGT Live Video/Spring – February 15, 2017

NUGT Live Video/Spring     Trader Scott’s Market Blog February 15, 2017 Click to sign up for Trader Scott’s Free Market Updates or e-mail TraderScott2@gmail.com   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…

Trader Scott’s Market Blog – Support and Resistance Live Video NUGT Short – February 14, 2017

Support and Resistance Live Video NUGT Short     Trader Scott’s Market Blog February 14, 2017 Click to sign up for Trader Scott’s Free Market Updates or e-mail TraderScott2@gmail.com     Daytrading is mainly about using support and resistance and taking our shots. Keep in mind the current shorter term trend also.      …

Trader Scott’s Market Blog – US$ Worksheet, On Paper – February 13, 2017

US$ Worksheet, On Paper   Trader Scott’s Market Blog February 13, 2017 Click to sign up for Trader Scott’s Free Market Updates or e-mail TraderScott2@gmail.com I just did a video and left it at the new website regarding the real work involved in markets. It’s regarding doing worksheets every day by hand, this one is the…

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