Cory Mitchell
See all the blog entries from a professional trader. Read all articles written by Cory Mitchell or check out the rest of binaryoptions.net.
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How Trading Should be Run Like a Business
Whether you’ve heard it before or not, trading should be treated like a business. After all, you are starting out with some capital and devising a plan to…
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Trading False Breakout in Weak Trends
Many traders try to trade breakouts, but many of those breakouts fail resulting in a losing trade. A failed breakout is when the price moves beyond a former…
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Diversification for Day Traders?
It may seem a little strange but there are three types of diversification I commonly use when I day trade or swing trade. This is not a complex…
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Seven Guidelines to Help Develop a Trading System
Follow these seven guidelines and you are more likely to design a profitable trading system, and not fall prey to ridiculous marketing campaigns that promise you riches overnight.…
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When NOT to Trade
How near term seasonality affects when to trade There are many reasons for when not to trade. Today I want to focus on seasonality in the markets. Many…
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Trading in the Zone, and Staying There
Ever partaken in an activity where you were so immersed that you weren’t even really aware you were doing it? You simply did what needed to be done.…
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The Three Biggest Trader Mistakes
While there are many mistakes that can hurt a trader, these are three big ones. Get a handle on these and many other aspects of your trading will…
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Forex Trade Set-Ups Being Watched for Week of May 19
Friday May 16 has been a pretty quiet day (so far), but that may set up some good trades next week. Here are some trades I have on,…
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Trading and Analysis are Different, Don’t Confuse the Two
Many traders think that if they can predict where the market is going next they will be a profitable trader. This is a fallacy. Trading and analysis are…
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Getting Through the Initial Ups and Downs of Trading
I was going through a forum the other day and reading the questions from new traders. One topic which came up fairly regularly was how the new traders…



