Cory Mitchell, CMT today trades binary options and forex online. He is also a contributor to Cory began his professional trading career in 2005 as a strictly for profit trader on a proprietary trading desk. No clients, no phones, just pure trading ….a man, his wits, a computer and the market… and to this day that is what he does. Putting private (and formerly firm) capital on the line everyday, in the trenches, with the... More

The Pre-Trade Checklist

I believe all traders should create a trading plan, a document which lays out exactly how they will trade. The trading plan tells the trader what strategies to use, how and when to enter and exit positions, as well as what position size to take. Unfortunately, most novice traders never take this step.

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