Vantage Point Trading
  • Trading Courses
    • Forex Strategies Guide for Day and Swing Traders
    • Forex Strategies Course For Weekly Charts
    • Stock Market Swing Trading Video Course
  • Trading Tutorials
    • How to Get Started in Trading
    • Trading Basics
    • General Trading Strategies
    • Trading Psychology
    • Forex Trading Basics
    • Forex Strategies
    • Stock Trading Basics
    • Stock Trading Strategies
    • Investing Basics and Strategies
    • Seasonal Patterns
    • Commodity, Futures & Options Trading
    • Trader Biographies
    • Software and Site Reviews
    • Trading Glossary
  • Free Trading eBooks
  • Day Trading Stock Picks
  • Trader Mentoring
  • Forex Stats
  • About Us
    • About Us
    • Contact Us
    • Advertise with us
    • Contributors
    • Write for Us
    • Affiliate Program
    • Legal Disclaimer

Tag Archives: trading basics

Best Trading and Investing Books For Professional and Personal Development

Posted on August 9, 2018 by Cory Mitchell, CMT
best trading and investing books
Below are some of the books that have had the greatest impact on my trading life and personal life. A few are specifically focused on trading, while others are focused on the mental qualities that will indirectly affect/help your trading and investing. The longer I trade, and the longer I spend on this planet, the more everything seems interconnected. I mean that in a logical sense; the practices and activities I do outside of trading…
Posted in Food for Thought | 7 Comments |

Learn How to Make a Trading Plan

Posted on August 7, 2018 by Cory Mitchell, CMT
trading plan
Without a trading plan, we’re just gambling in the markets. Learn how to make a trading plan, and put the edge in your favor. Before taking on an endeavor, it is wise to have a plan. A plan is critical, and when trading there are multiple reasons for having one. One of the best reasons for having a trading plan is it requires you to educate yourself about the market, acquiring knowledge on trading basics…
Posted in Intro to Trading, Techncial Analysis Tutorials | 5 Comments |

Probabilities in Trading – Focus On The Relevant Factors

Posted on July 24, 2018 by Cory Mitchell, CMT
the relevant factors in trading
To trade well, we can’t get bogged down in things that don’t matter. Instead, we must focus on the relevant factors. Some statistical quizzes can help clarify this for us. Then, an understanding of how markets move can provide us with the relevant factors to focus on. In Probabilities in Trading – How Your Mind Is Tricking You, I introduced some errors people make in regards to probabilities–namely, availability bias and assuming increased probabilities if…
Posted in Food for Thought, Intro to Trading | 13 Comments |

Trading Tips from Legendary Millionaire Trader Jesse Livermore

Posted on July 16, 2018 by Cory Mitchell, CMT
millionaire traders
Lessons on what to do, and what not to do, from a trader that accumulated more than $100 million dollars in profit trading his own account…and then lost most of it. It’s 1929, and over the last 8 years the Dow average has seen an epic rise. Everyone wants to own stocks, and loose leverage requirements allow it. Stock loans reach $8.5 billion; more money than was in U.S. circulation at the time. In September…
Posted in Food for Thought, Intro to Trading | 4 Comments |

Probabilities in Trading – How Your Mind Is Tricking You

Posted on July 12, 2018 by Cory Mitchell, CMT
probabilities in trading
Probabilities explain the chance of something happening. Probabilities in trading are often discussed, but humans have an abysmal capacity to understand and calculate probabilities. Our minds are just not hard-wired for it. We love to assign probabilities though, but the probability assigned to an event is often grossly inaccurate, or based on inaccurate/wrong presumptions.  Are there more six-letter words in the English language where the 5th letter is an n, or more six-letter words in…
Posted in Food for Thought, Intro to Trading | 9 Comments |

4 Common Trading Questions From New Traders, Answered

Posted on July 4, 2018 by Cory Mitchell, CMT
common trading questions answered
Most new traders starting out have similar trading questions. While strategies and trading psychology are tackled at a later stage, new traders typically want to know: Can successful short-term trading actually be done? Can it provide a living/income? How long does it take to become profitable? How does one get started? I recently received these question in the form of an email from a new trader. I liked his versions of the questions because they…
Posted in Forex Trading, Futures Trading, Intro to Trading, Stock Trading | 1 Comment |

Reducing the Risk of Catastrophic Trading Losses (It Happens! Are You at Risk?)

Posted on June 28, 2018 by Cory Mitchell, CMT
GBPUSD flash crash on October 7, 2016
Risk management and/or stop loss orders aren’t always effective, which could mean bigger losses than expected. See why and how you may be risking more than you think. See real-world examples where short-term traders got annihilated. Then, see how to reduce the chances of it happening to you. This article is not intended to scare people away from trading. I trade and love it. Rather the article is intended to point out potential vulnerabilities in…
Posted in Food for Thought, Forex Trading, Futures Trading, Intro to Trading, Stock Trading | 4 Comments |

Ten Reasons Traders Lose Discipline

Posted on June 22, 2018 by Cory Mitchell, CMT
reasons traders lose discipline
Here is a list of the top ten reasons for losing discipline while trading. This list was sent to me by a risk manager back when I was a trader on the floor of a proprietary trading firm. This manager would routinely send out quick trading lessons and reminders via email. I have kept most of those insights and refer to them regularly. I later found out this list came from Brett Steenbarger, a trader…
Posted in Food for Thought, Intro to Trading |
Free Trading Resources Newsletter

Get Post Alerts

Enter email for notification of new posts.

Categories

  • Economic Stuff
  • Financial Humor
  • Food for Thought
  • Forex Trading
  • Futures Trading
  • Intro to Trading
  • Option Trading
  • Stock Trading
  • Techncial Analysis Tutorials

Recent Posts

  • How to Spot Trend Trading Opportunities
  • How to Use the Commitment of Traders (COT) Report in Your Strategy
  • FXTM appoints Marcelo Spina as Global Head of Partnerships
  • What It Takes To Trade Forex Successfully, From Student’s Viewpoint
  • 1
  • 2
  • 3
  • …
  • 5
  • Next

Top Posts & Pages

  • How Much Money Day Traders Can Make (Stocks, Forex and Futures)
  • How to Day Trade Stocks In Two Hours or Less (Extensive Guide)
  • What's the Day Trading Success Rate? The Thorough Answer
  • How Much Money Do I Need to Become a Day Trader (Stocks, Forex, Futures)
  • Forex Strategies Guide for Day and Swing Traders
forex strategies guide

Twitter Feed

My Tweets
  • Disclaimer
  • Privacy Policy
  • Advertise with us
2019 © Vantage Point Trading
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. For more detail, view the Legal Disclaimer page.Ok