Cory Mitchell - BinaryOptions.net

Trading Seasonality in Individual Stocks

Aug. 01, 2014

Seasonality refers to recurring patterns in asset classes, often due to a time of the year impact. For example, summer may push up the price of crude of oil as more people drive cars and go on holidays, or heating oil prices may be pushed up in the winter as more people require heat in […]

Trading is Not About Prediction

Jul. 31, 2014

Sitting at dinner last night with several friends I was asked my thoughts on the stock market — a question I get asked numerous times each day. My response is usually the same “I am a trader, I don’t have thoughts on the what the future holds for the market.” I like saying it because […]

Random Advice From One Trader to Another

Jul. 30, 2014

The following is an email I sent to an aspiring traders based on some questions he had asked me. So with that in mind here are some random pieces of advice from one trader to another. These points are based on how I day trade, and I typically day trade on very short time frames […]

How to Avoid “Choking” While Trading

Jul. 25, 2014

Not physically choking, but rather how do you avoid messing things up when the stakes are high, as they can be with trading? Research at Caltech found that our brains are wired to experience a decrease in performance as incentives rise. This is contrary to what most of us would intuitively think — “Pay me more and […]

Using Golf Swing Thoughts to Improve Trading

Jul. 24, 2014

When I first started golfing about 20 years ago I had to make a lot of improvements if I wanted to become good. I read loads of books and then would go to the driving range. At first I became even worse as I tried to think about the hundreds of things I was supposed […]

Find the Best Trades by Comparing Multiple Symbols on One Chart

Jul. 23, 2014

You’re trying to juggling watching multiple charts and you find you are missing trades because there is too much going on. Or maybe you are watching several assets but only want to buy the strongest or sell the weakest. In either case, to make life easier, you can watch multiple assets on one chart using […]

What It Means to “Keep Your Trading Simple”

Jul. 22, 2014

You have probably heard it from someone–possibly even me in prior articles–and wanted to punch them in the face for not explaining what they meant. It seems like logical advice: “Keep your trading simple.” But what does it mean? Should I only use one indicator? Should I use no indictors? Should I only buy on […]

Don’t Use the MACD Indicator Until You Read This

The MACD has a lot of uses, and one of them is divergence…one of the most misunderstood technical signals there is. It is very common to read articles or analysis discussing divergence as a reversal signal, but tucked somewhere in the text is usually a disclaimer something to the effect of “But divergence can last […]

S.C.O.R.E. – Five Keys to Succeeding at Trading

Jul. 18, 2014

In his book S.C.O.R.E. for Life, Jim Fannin outlines 5 keys for achieving what you want. The focus of the book isn’t on trading, but the principles still apply. S.C.O.R.E stands for self-discipline, concentration, optimism, relaxation and enjoyment. Here’s my own adaptation of how these principles can be applied to making yourself a better trader. […]

Three Things I Deliberately Do to Improve My Trading

The key word here is “deliberately.” Many people just try to passively learn to trade, reading a few books and then jumping in to make some trades…hoping it works out.  To deliberately improve means taking precise steps to foster self-awareness so issues can be spotted and addressed. 1. Get Help When Needed I try to […]