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 – Gold/Different Buy Points In a Market Bottom Revisited – January 16, 2017

Gold/Different Buy Points In a Market Bottom Revisited     Trader Scott’s Market Blog January 16, 2017 Click to sign up for Trader Scott’s Free Market Updates or e-mail TraderScott2@gmail.com       The previous post about the different points to buy in a major market bottom (this example is in and around the 1999 gold bottom),…

Trader Scott’s Market Blog – Bonds/Gold/Stocks/Commodities/US$ – January 15, 2017

Bonds/Gold/Stocks/Commodities/US$       Trader Scott’s Market Blog January 15, 2017 Click to sign up for Trader Scott’s Free Market Updates or e-mail TraderScott2@gmail.com     There have been several posts recently about the extreme bearishness in the US Treasury market.  I bought bonds on December 1st as a trade, partly because of the bearishness, along with…

Trader Scott’s Market Blog – “Climate Change”/Everyone is on One Side of the Boat – January 15, 2016

“Climate Change”/Everyone is on One Side of the Boat       Trader Scott’s Market Blog January 15, 2017 Click to sign up for Trader Scott’s Free Market Updates or e-mail TraderScott2@gmail.com       It has become religion to believe in global warming, excuse me climate change. In fact, apparently now it’s been shortened…

Trader Scott’s Market Blog – Opportunities in Solar Energy – January 13, 2017

Opportunities in Solar Energy     Trader Scott’s Market Blog January 13, 2017 Click to sign up for Trader Scott’s Free Market Updates or e-mail TraderScott2@gmail.com       Yesterday morning, I left a comment at the post about my keen interest in the solar energy stocks. They were totally beaten down after the Trump…

Trader Scott’s Market Blog – Fed Rate Increases/Bonds/Gold – January 13, 2017

Fed Rate Increases/Bonds/Gold     Trader Scott’s Market Blog January 13, 2017 Click to sign up for Trader Scott’s Free Market Updates or e-mail TraderScott2@gmail.com     As the folks who actually understand markets (this does not include PHD economists) know, the Fed follows it does not lead. There are pundits, etc. who are paid/waste…

Trader Scott’s Market Blog – Markets/Gold/Bonds – January 5, 2017

Markets/Gold/Bonds       Trader Scott’s Market Blog January 5, 2017 Click to sign up for Trader Scott’s Free Market Updates or e-mail TraderScott2@gmail.com     There has been a tremendous amount of unanimity in markets since the Trump election. We’ve had the Trump bull market in stocks (which bottomed in March 2009), the Trump…

Trader Scott’s Market Blog – More Brilliance from Larry Summers – January 5, 2017

More Brilliance from Larry Summers         Trader Scott’s Market Blog January 5, 2017 Click to sign up for Trader Scott’s Free Market Updates or e-mail TraderScott2@gmail.com     The brilliant PHD economist Lawrence Henry “Larry” Summers has come out with a scathing criticism of Donald Trump’s economic policy: “The Navarro-Ross paper is…

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