Tom Scollon

Tom Scollon image
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

Where To The Markets?

15 Sep, 2003
Markets go three ways – up – down – sideways. No need to state the obvious that recently the move has been up. The choices from here are still the same – up, down or sideways. What is more likely?

Editor Was Feeling Giddy And Guilty

8 Sep, 2003
Well I did have those feelings until Friday when there was some sign that the market may take that breather that so many pundits have been calling for some time.

Beware Margin Lending

8 Sep, 2003
“Market timing” as opposed to “time in the market” is never as relevant as it is to Margin Lending (ML) to buy shares.

Sector Analysis

1 Sep, 2003
A few weeks ago I promised another review of the sectors. I have been deliberately postponing that as I had wanted to do that review at a time when the markets were not racing ahead – only because it is more difficult at these times to decipher the real underlying trends as opposed to hype of the time that drags everything along the way.

Editor Looks for the X Factor

1 Sep, 2003
Welcome to spring – the skies are blue, the sun is shining, the birds are chirping, flowers blooming, property prices still booming, stock market seeing no limits – life is wonderful! But do we have to pay a price for this good fortune?

Editor Stands in the Queue

25 Aug, 2003
Last Tuesday I rang my on-line broker - who shall remain nameless – as their on-line trading was jammed – but so also was their phone service. I guess this is not surprising given the vast number of investors opening up new accounts – and margin lending accounts.

Getting Started in US Options

25 Aug, 2003
Getting started in US options is not such a daunting task if taken one step at a time and your plan is executed with patience. For the purpose of this article I will assume that you are at least reasonably knowledgeable on options even if not greatly experienced and that you have undertaken a course in options.


18 Aug, 2003
Day One snorkelling around the Whitsundays put paid to any honest intentions I had of doing some serious “markets” research!

Risk Management - What A Bore

18 Aug, 2003
Most Australians have a need to accumulate wealth for retirement. Surveys indicate that generally few people truly understand how much capital is required to retire in a life style to which they have been accustomed.

Dow Is Stubborn Not The Editor

11 Aug, 2003
The Dow has been bound between 9000 and 9300 – give or take – for almost two months now hitting a low of 8999 during the week. It has been feigning a continuing rally, which so far has been thwarted.
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