NetPicks Swing and Day Trading Systems Blogger

We are in a "soft launch" of our auto execution program for the NetPicks Forex Day Trading System. What we mean by that is you won't find it splashed all over our website just yet. There is considerable demand from our current subscribers so we are working through getting them all set-up. There is a choice of brokers as well to give you some options. One would be through Forex Capital Markets/FXCM and the other is through WorldCupAdvisor/Robbins Trading.

We wanted to post in here since we had promised we'd have details posted. Though we are continuing to do this soft launch those who subscribe now to the NetPicks Forex DayTrader can start the process (which is fairly quick and painless) of getting their account set-up and auto-traded.

So far in November our best performing markets are the EURUSD and GBPUSD. USDCHF has been closer to even while the USDJPY is coming in a bit negative -- especially when compared to how the EUR and GBP have been doing. So far it looks like a fairly common month and the results are coming in where we'd like to see them so far overall. We'll always be happy with more of course (!) but so far so good.

Keep in mind as always that trading Forex means you are trading a highly leveraged market. This means our returns can sometimes be choppy, you can lose money at times and have drawdowns. That's the nature of trading anything and Forex is not immune.

We'll keep you up to date on occassion here.

Coming Monday...the official announcement of our auto trading system for the Forex DayTrader. It's not always easy trading a 24 hour market. After all, even traders have to rest! The auto trading of the forex day trading system will actually allow you to go to sleep - AND - not worry about missing the big trade of the day. Tick tock, tick tock, it's coming soon...(details Monday)

As many of you know we launched an auto trading service for our Emini futures daytrading systems -- the NetPicks DayTrader. This service daytrades the S&P, Nasdaq, Russell and Dow e-mini futures contracts. While you can subscribe to our service and trade it mechanically through any broker you choose some of you just don't have the time or the desire to take the trades yourself. We understand that. The golf course is waiting, work is waiting, home life is waiting -- understood -- sometimes there are just other things you'd rather be doing. That was the idea behind setting up our auto trading option. You will pay a little extra for it - after all you are asking a broker to have staff available to make the trades for you -- but that is a nice luxury to have and you are sharing the cost of that staff with other NetPicks subscribers so it becomes reasonable. The TBond were the missing piece to the service and we have just added those. Now, the 30 year TBonds can be traded through our auto trading service. Especially when you consider that the west coast would trader would have to start at 5:20am (ouch) to trade this market you can see why it might be very helpful to those of you in that situation (just imagine the trader in Hawaii -- long days --- or nights)

Still to come...auto trading the Forex Daytrader. It's in the works, in development and soon to be announced. We'll let you know.

Hello and welcome to the launch of our public "Blogger" -- for those of you who are familiar with the term blogger you know what to expect here. For those who are not just think of this as a bulletin board where we'll post updates on our trading systems, trading discussions, trading strategies, comments on the stock market, daytrading, swingtrading, money management or any other topcis that we think would be helpful to the active individual investor. You can even sign-up to receive this in your RSS Feed (such as if you subscribe to bloglines or My Yahoo -- if you don't know what RSS is -- we'll cover it in another topic but it's a great way to get these updates delivered right to your desktop - without you having to check for them. We'll certainly strive to make this blogger useful, productive, profitable and maybe even at times humorous (depending upon how the trading goes that day!) -- let us know if you have any comments or contributions and we appreciate you taking the time to read this as well as using our services. We have something for all active traders in the stock, options, futures and forex. Good success with your trading.