About Scott Cole:
3 Reasons Why You Should Not Be Here
Hey, I’m Scott, just your average 50+ year old guy living near the nation’s capital. I’m on my second marriage and have six kids (three with my blood, three without). I got an awesome dog too.
But, I know you really could care less about all of that stuff. Meantime, you are probably asking yourself whether I am worth listening to.
For most people, the answer is no.
Reason #1 – I can’t help you get rich quick.
Many people equate a program like mine with some scheme to help you get rich quick.
Sure, I will tell you about some folks that have made a lot of money trading in the markets. But, the most successful of them in the long run didn’t make their fortunes overnight.
So, get that out of your head right now…the information I will provide you with is not intended to make you rich tomorrow, next week, next month, or even next year.
I AM here to show you how to build wealth a lot more quickly than what the conventional wisdom will tell you, but it WON’T be easy.
You’ll have to work hard and be mentally tough enough to handle the bad times along with the good. There will be both.
THERE IS NO HOLY GRAIL
If you can’t handle that, then I’m not your guy.
Reason #2: You Aren’t Mentally Tough Enough
If you can’t handle having more losing trades than winning trades, then look elsewhere.
Most people seem to think that hedge fund managers and traders like George Soros, David Tepper and Steve Cohen (all worth over $9 billion) must have some magic system for trading that generates winning trades 70%, 80% or even 90% of the time.
This is not even close to being true. If you are going to swing for the fences to catch home run trades, then you have to be prepared to strike out, alot.
Babe Ruth struck out nearly twice as many times as he hit home runs. How do we remember him? By the home runs!
Catching these home run trades in the stock market is the name of the game, but you have to know how to play.
If you are looking for the easy way, I don’t want to help you.
When people say, “what’s the easy way” that means they don’t want to work.
The fact is, trading is hard work. No, it doesn’t require any heavy lifting.
But, it requires commitment, and quite frankly, it is a difficult business to handle mentally.
The markets could care less about you, how much money you have, and your feelings. The markets owe you nothing.
It requires massive discipline to ride out the bad times and the losing streaks that come with trading. And, yes, they do occur, and even the best traders in the world go through tough times.
Still here? Excellent!
Here’s what you can expect from me.
Actionable trading information that you can act on as soon as you feel comfortable.
Ultimately, I hope you become one of my students/clients. So, now and then, you’ll get some info about my products, which includes my Flagship stock trading program.
Yeah, I just told you I have something to sell to you. I’m an entrepreneur, that’s what I do…sell my services.
However, my free stuff is valuable information too, so if that is helpful to you, perhaps you will be interested in my paid information.
The bottom line is that I know I need to show you that I can help you first before you will want to invest in this information.
But, you may still be wondering…
How Do I Know If Your Strategies Are Any Good?
The most intelligent step to take is to get some of my free stuff.
If you like it, then you will probably like my training materials.
If you don’t like it, you won’t.
But, I guess I better tell you a bit more about me before you are even convinced to sign up for the newsletter.
I started trading stocks in 1992. After subscribing to a couple stock market newsletters, I received some info about trading in the futures marketes.
These were primarily spread trading strategies based on seasonal factors. I tried one…buy unleaded gas futures and sell heating oil futures in the Spring. That trade ended up being a small loser.
Around that time I read two books written by Jack Schwager… “Market Wizards” and “The New Market Wizards.” These books contained interviews with top traders at the time…I’ve mentioned a few of their names on this website…Michael Marcus, Ed Seykota, Richard Dennis, and William O’Neil.
Shortly thereafter, I read an ad in a trading publication about the “Turtle Trading System” to be taught by former Turtle trader Russell Sands. Richard Dennis was the trader who trained the Turtles.
I leaped at the opportunity and gladly sent in my $2,000 to receive his video tapes and manual.
I took the plunge and entered my first two trades with the system in the Spring of 1994…they were both short trades…one in Cattle futures and the other in hog futures. Both worked out quite well and I ended up making about $6,000 on those trades, starting with $10,000.
Next, I went long coffee futures, and the market almost immediately took off. To make a long story short, because of my idiotic disregard for proper risk management, I ended up making over $200,000 on the move in about three months.
It’s been a long odyssey ever since. That coffee trade may have been the worst thing to happen to me, because I became infatuated with the commodity futures markets just when the stock market was about to embark on an epic bull market that lead to the Dot.com bubble.
I ignored the real estate business that paid my bills, and ultimately blew most of my winnings in that coffee trade.
However, since then, I made contacts with some people who’ve worked with some of the top traders in the world, a couple of which were featured in the Market Wizard books.
I also gained some experience working as an execution trader for a small hedge fund that specialized in systematic trading. At the time, the firm was on the cutting edge of trading multiple strategies on a purely systematic basis.
A few years later, I started to do more research on the stock market and stumbled across several books that really opened up my eyes.
The first was “Reminiscences of a Stock Operator” by Edwin Lefevre, suspected to be a pseudonym for legendary trader Jesse Livermore. This book is absolutely outstanding due to the gems of wisdom it offers throughout.
The next was “Live the Dream by Profitably Day Trading Stock Index Futures” by Gary Smith. This is probably my favorite trading book of all time.
Lastly, was the classic “How I Made $2 Million In The Stock Market” by Nicolas Darvas, a professional dancer who turned a trading account of $50,000 into over $2 million in under two years.
Fast forward to today, and I’ve developed detailed trading strategies designed to help the Average Joe build wealth in the stock market.
I’m the go to guy for learning how to capture the most explosive moves in individual stocks…those moves that can double, triple, even quadruple your money in six months or less.
Here’s What I Will Help You With, Specifically.
My main focus is to help you build wealth in the stock market.
I’ve developed proprietary trading strategies for trading high momentum stocks, and I’ve identified particular patterns that tend to lead to nice trending moves in the futures markets.
First, let me start helping you out a bit.
Go to my blog and read some of the articles I have there.
If you find them helpful, sign up for my free training. If they help you, consider my Flagship trading program.
Thanks for reading this page. Now get to work!
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