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Tom Scollon

From farmer to high school teacher to successful investor and financial advisor, Tom Scollon's career path has been diverse. Yet this interesting mix has resulted in far-reaching experience in a range of industries and enabled him to enjoy unmitigated success trading the markets. He has invested successfully on the Australian stockmarket for more than 20 years trading equities, options and other financial instruments using technical analysis techniques to determine trends and chart market movements. Tom believes that studying simple trends such as price and volume can reveal much about a stock’s prospects. He uses technical indicators such as “On Balance Volume”, “Bollinger Bands” and “Elliott Wave” to predict where the market might head next. He is a great teacher and in his articles he translates his views into easy-to-understand concepts for all levels of traders, and has thus developed a strong following over the years.

Latest Posts

Discipline

3 Aug, 2009

Discipline is the last of my series on the ‘Seven Deadly Sins of Trading’. But it is by far the most important of all.

Don't have a plan?

27 Jul, 2009

And many - if not most – traders and would be traders are guilty.

Following the Mob

20 Jul, 2009

If you follow the bulk of investors then you will find yourself too late into a rally and too late out.

About Losses

13 Jul, 2009

Losses are a part of the game. Well I use the term ‘game’ loosely but it can be that way just like life. But as with life we like to be in control to what extent can be reasonably expected.

More of the Seven Deadly Sins

6 Jul, 2009

I call them the deadly sins because in your investing or trading they can kill your capital AND your psychological capital – which is just as deadly.

Seven Deadly Sins

26 Jun, 2009

In the coming weeks I am going to write about the seven deadly sins in investing – according to Scollon. Not because it will fill seven weeks of editorial – in fact I am always wary about serial articles – but rather I see these sins being committed regularly. In fact daily before my very eyes. And it is easy to avoid them.

Was It You

19 Jun, 2009

Back in March when the markets took off there were many reasons to believe markets globally could have fallen much further. So few investors got on board as risks were still high. Many traders – short term players – may have taken some positions but few would have been fully invested. Well done if you picked the low.

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