Scott Cole


Scott's latest writings
What is the Best Golf Swing Model?

As the golf training aid industry continues to grow, so now is the golf swing model industry. The prominence of such top teaching pros as Butch Harmon and Hank Haney over the last decade, lead to greater focus on instruction and the development of golf swing models sold to the public. Until the late 1980's and early 1990's, we didn't pay too much attention to golf instructors outside of the major golf publications... (posted by Scott 1 year 175 days ago.)
What Makes a Good Trading System?

When you read advertisements regarding trading systems for stocks, commodities or currencies (forex), most of the advertisements tout a high percentage of winners. At the bottom of the advertisement, there is a disclaimer that states that hypothetical performance is not indicative of future results. The bottom line is that if a trading system were indeed so powerful, it would be sold to the public. Too often, new traders... (posted by Scott 1 year 290 days ago.)
Using Directional Bias to Improve Your Daytrading

An easy way the daytrader can improve his/her results is by utilizing directional bias. In other words, the daytrader only takes long positions in individual stocks if the overall market is trading up, and short positions if the market is trading down. The obvious difficulty is in being on the right side of the market! However, a little chart analysis is all the trader needs to stay on the right side of... (posted by Scott 2 years 224 days ago.)
The Key to Successful Trading - Risk Management

It never ceases to amaze me, after years of observing and participating in online investing and trading forums, how most amateur traders are obsessed with finding a holy grail trading system. No matter what instrument they trade, stocks, Forex, Commodities, etc., they all have the same attitude. In my experience, most questions posed by inexperienced investors focus on finding the next hot stock or the best... (posted by Scott 3 years 124 days ago.)