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 – 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…

Trader Scott’s Market Blog – Food Inflation Cometh – February 11, 2017

Food Inflation Cometh     Trader Scott’s Market Blog February 11, 2017 Click to sign up for Trader Scott’s Free Market Updates or e-mail TraderScott2@gmail.com     Ninety percent of the people, especially “professionals”, will never recognize a major market bottom until 2 years after the fact. And probably right around the time it’s ready…

Trader Scott’s Market Blog – Is Stan Druckenmiller Long Gold Again? – February 7, 2017

Is Stan Druckenmiller Long Gold Again?       Trader Scott’s Market Blog February 7, 2017 Click to sign up for Trader Scott’s Free Market Updates or e-mail TraderScott2@gmail.com     Stan Druckenmiller caused a big hullabaloo right after the election when he said that he sold his entire gold position. My post about it the…

Trader Scott’s Market Blog – More Fallacy/Gold and Interest Rates – February 5, 2017

More Fallacy/Gold and Interest Rates     Trader Scott’s Market Blog February 5, 2017 Click to sign up for Trader Scott’s Free Market Updates or e-mail TraderScott2@gmail.com     It’s baffling….baffling, how so many completely unsupported market theories persist. There’s a trendy one to discuss in a bit which always appears when gold is weak,…

Trader Scott’s Market Blog – PMs/Relative Strength Video – February 5, 2017

PMs/Relative Strength Video     Trader Scott’s Market Blog February 5, 2017 Click to sign up for Trader Scott’s Free Market Updates or e-mail TraderScott2@gmail.com     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…

Trader Scott’s Market Blog – The Fed is Now “Confident” – February 2, 2017

The Fed is Now “Confident”     Trader Scott’s Market Blog February 4, 2017 Click to sign up for Trader Scott’s Free Market Updates or e-mail TraderScott2@gmail.com     The PhD economists/Mensa members comprising the esteemed Federal Reserve Board of Governors (FRBG) held their paramount, decisive, crucial, meaningful, significant (via Thesaurus.com) meeting last Wednesday. It’s…

©Copyright One Radio Network 2014 • All rights reserved. Site built by RedLotus AustinThe information on this website and talk shows is solely for informational and entertainment purposes. IT IS NOT INTENDED TO PROVIDE MEDICAL ADVICE. Neither the Editors, producers of One Radio Network, Patrick Timpone, their guests or web masters take responsibility for any possible consequences from any treatment, procedure, exercise, dietary modification, action or application of medication which results from reading or following the information contained on this website in written or audio form, live or podcasts. The publication of this information does not constitute the practice of medicine, and this information does not replace the advice of your physician or other health care provider. Before undertaking any course of treatment, the reader must seek the advice of their physician or other health care provider and take total responsibility for his or her actions at all times. Patrick Joseph of the family of Timpone, a man...All rights reserved, without recourse.