Trading Tips and blogs

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

Explore Stock Option Trading
Dec06 Share

5 Reasons You Should Trade Options

We are forever extolling the virtues of Options trading and for good reason.  You are able to make a play in a stock without every having to own the actual stock.  Consider the stock price of Google today:  $$778.22.  If I wanted to take advantage of a move in this… Read more

losing traders
Nov24 Share

5 Things Losing Traders Don’t Do That Costs Them Money

There is a lot of value that can be obtained if we understand why there are so many losing traders. And, without question, the number of losing traders overwhelms that of those who are succeeding. In 2010, University of California, Berkeley released a report titled “Do Day Traders Rationally Learn… Read more

Review your trades
Nov20 Share

Review Your Trades To Improve

Anybody who has seriously looked into trading the market has heard the familiar refrain, “psychology plays a huge part in your success”.  What does that mean? In essence, it means that the thoughts you have, the emotions you have, your “confidence quotient” and how you deal with them all, in… Read more

3 Volatility Indicators
Nov15 Share

3 Volatility Indicators To Help You Trade Effectively

The natural rhythm of the market is not only trending and consolidation but we have to also deal with different types of volatility.  This is where understanding and using volatility indicators can help you trade more effectively and keep your expectations in check. Volatile periods in the markets can, in… Read more

growing trading account
Nov11 Share

Realities of Growing Your Trading Account

Imagine for a moment that you have a trading system such as Counter Punch Trader and it’s now the time to start trading live.  This is assuming you’ve done all your homework and know how to trade the system, back tested your trading plan and have been involved in the… Read more

motivation
Nov06 Share

Stay Motivated By Giving Yourself Credit

Many times it’s all too easy for us to become wrapped up in what we aren’t doing well or more specifically, what we’re doing wrong which can stop us from feeling motivated. Naturally, if a trader is losing money they will look for reasons why and although identifying problems has… Read more

back testing and curve fitting trading systems
Nov02 Share

How To Avoid Curve Fitting During Back Testing

Computerized back testing has been a boon for us traders. At the click of a few buttons we can evaluate new trading strategies and ideas across different instruments and time frames and through optimization determine the strategy parameters that yield the best results. For those new to trading, the meaning… Read more

successful traders think like a casino
Oct29 Share

Learn Why Successful Traders Think Like A Casino

There is a simple concept to successful trading that typically gets overlooked and discarded as soon as the everyday average ‘would-be winning’ trader encounters a few losing trades.  They might have a very effective and profitable strategy but after a few losing trades, that strategy gets tossed out the window… Read more

Iron Condors For slow market trading
Oct24 Share

Grind Out Profits In Slow Markets With Iron Condors

“The market has to go lower from here.”  “We can’t continue to make new all time highs on a daily basis.”  “There is no way I’m playing the market to move higher from here.” These are all comments that we’ve heard from traders  pretty much since we opened Netpicks over 20… Read more

risk management and position sizing for your trading career
Oct20 Share

Does Risk Management Really Matter When Trading?

Why should you bother with risk management in your trading career? Because focusing on risk management can be a complete game changer to your portfolio especially when it applies to position sizing. The numbers do not lie; Fail to respect risk % and position sizing and you will have a… Read more