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Author: Scott Redler

Confidence in Trading

By: Evan Lazarus An absolutely crucial characteristic all successful traders share is confidence. Success is only achieved when a trader has the confidence to execute his ideas without being overcome by emotional fears. I...

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Looking for an Oversold Bounce

By: Scott RedlerI have covered all of my shorts for now on the first move down. Right now I am going to switch gears a little bit. I will look to accumulate the SPY into the 115.50-114.50 zone for some type of oversold bounce...

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Assessing the Damage

By: Scott RedlerAfter a week of erratic trading the uptrend we’ve isolated over and over again snapped! It should not have been a surprise to anyone, as there were several distribution days and the market was filled with...

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Falling Through the Floor

By: Scott RedlerA close below 1179-1182 in the S&P will officially put this market back in a correction. The warning signs have been out there, and headline risk is higher than it has been in more than a year. Here are two...

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Cleaning Up the Mess in BP

By: Scott Redler While we never try to pick bottoms, I feel its worth the risk to take a shot at BP in this area. I think we saw some capitulation today, and I bought BP at 48.60. Since I haven’t been caught in the...

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