Trading Tips and blogs

Get the latest news, articles, tip and techniques on trading on our Netpicks blogs

winding road
Mar25 Share

Ignore Your Trading Goal

In the trading world, it’s usually not the actual activity of placing a trade that is the problem.  That’s the easy part. The hard part is when you are on the path to placing trades that have an actual edge…and you can do it consistently keeping in mind risk parameters… Read more

Dove in the air with wings wide open in-front of the sun
Mar21 Share

Trade the FOMC

Trading over big numbers or highly anticipated market events can be a point of contention. On the one hand there’s a great deal of movement and the opportunity to take some nice profits. On the other hand the increased volatility can be very erratic and cause traders to take some… Read more

forex swing trade
Mar18 Share

Stopped Out Swing Trade Is OK

Two words in trading that give many people a shudder are “Stopped Out”. It suggests that you just took a loss on your trade and are nursing the hit to your trading account. Sidetrack:  You should never be nursing the loss of money.  If so, you have probably risked too… Read more

trading failure
Mar16 Share

Trader Success Or Failure

Statistics say that over 95% of traders fail. We read that all the time and it really shows up in marketing material for the latest and greatest trading system. That number is enough to make anybody doubt their ability to find trading success. For all the mention of 95% though,… Read more

Close-up Of Stock Market Values On Lcd Screen.
Mar14 Share

How to Read the Market Auction in Real-time

There was a comment in the EU Traderoom last week that I felt needed to be addressed further. The comment was something to the effect of that it was amazing how I was able to read the market auction in real-time and come up with probable scenarios of what a… Read more

futures rollover
Mar13 Share

How do Futures Contract Rollover Days Work

The rollover day for a Futures contract is one of the most misunderstood features in trading these contracts. Quite simply, Rollover Day is when traders start to exit the expiring contract and begin trading the front month contract that expires some time in the future. As part of your job… Read more

NFP days can be great to illustrate how markets move because they really have the potential to motivate traders to act. Not only is there the potential for a lot of movement, but there’s usually a good mix of different types of participant active in the markets – and it can be really important to know who’s trading and why - dollar detail closeup
Mar07 Share

Know who’s trading and why

NFP days can be great to illustrate how markets move because they really have the potential to motivate traders to act. Not only is there the potential for a lot of movement, but there’s usually a good mix of different types of participant active in the markets – and it… Read more

trading business plan
Mar05 Share

Business Plan For Potential Trades

Following your plan does not simply mean just on the current trade you are involved in.  Often times, especially in swing trading, you can have plans set up for a few instruments at one time. Doing this work will allow you to follow a business plan for potential trades which… Read more

Silhouette Three Oil Pumps
Mar01 Share

Trading After Dramatic Repricing of a Market

When there’s a dramatic repricing of a market, such as the one recently seen in Crude Oil, there’s a period of instability in the market that can be very costly if you fail to take it into account.   Bargain basement prices? The old trading adage that “the market takes… Read more

trading focus
Feb25 Share

Focus Is Not Overrated

There are those out there that think that the ability to multitask is a good thing. More things can get done and it’s a good use of their time…so they think. I’ve read research that indicates that while you may get more things completed, they are not completed at a… Read more