About: NetPicks

Articles written by NetPicks:

Be Careful What You Focus On

There’s always been a lot of talk in trading circles about needing screen time to become ultimately successful. I’ve always questioned this logic. You could sit in front of a screen like a zombie for 1000 years and still not become a great trader. So if not screen time, what’s... Read moreread more

5 Tips For Successfully Day Trading Emini Futures

Last updated on November 4th, 2019 Whether you’re trading Stock Index Futures on the Chicago Mercantile Exchange such as the Russell Emini, the S&P 500 (the mini version of course), the Nasdaq or the Dow, there are some basic things you can do to heighten your chance of successfully day trading Emini... Read moreread more

Are You Dedicated Or Just Interested In Trading Success?

Last updated on November 4th, 2019 You need to have a high degree of persistence to perform at a high level in anything in life.  Trading included. To acquire the experience and ability to trade well and to maintain a consistent level of performance, is a tough task for many... Read moreread more

Just Execute When The Time Is Right

You may be an expert in technical analysis and are able to read the market movements. You have a good eye in seeing who holds the balance of power on the chart and your trading plan takes advantage of that skill Traders can look at a chart and see, according... Read moreread more

Kagi Charts – How to Trade these Squiggly Lines | Netpicks

kagi charting

Kagi charts were developed in the 1870’s in Japan, and many of us in the US first learned about them from Steve Nison in his book Beyond Candlesticks. When we started using Range and Renko Charts with our systems here at NetPicks a while back, we got a lot of... Read moreread more

4 Terrific Questions to Ask When Price Is at Important Chart Levels

E-mini S&P 500 Simple Levels

Last updated on November 4th, 2019 If you’ve ever seen the movie “Trading Places”, you’ve seen how crazy it can be trading in the pits.  A lot of yelling, screaming, and hand gestures with everyone trying to get the price they’ve been waiting for. The modern trader of today uses... Read moreread more

8 Foundational Skills Every Trader Should Learn

When a person first decides they want to be a professional trader, rarely do they ask just how this is likely to happen. Usually they are too busy counting their imaginary money in their imaginary mansion to be concerned by this minor detail! Even in the face of widely available... Read moreread more

2 Ways To Use Trading Range Breakouts

Last updated on November 9th, 2019 The auction in any market is straightforward: There are two types of market participant- buyers and sellers The degree to which these buyers and sellers are motivated by current price or market behavior Yes, there are lots of nuances to complicate things but the... Read moreread more

Use Both Sides of Your Brain for Trading Success and Consistency

trading tweaks

When you have been trading long enough, the dogma when it comes to trading education becomes obvious. In fact, there are too many courses, books, and trading forum professionals using words like “should”, “must”, as if they are talking about the only path to success. Having a belief that there... Read moreread more

Be A Prepared Trader – Especially In The Summer

Summer trading is upon us and many times that means slow markets. But just as in life, we can’t get lulled into going through the motions when grinding price action takes over our screens. So let’s have a conversation about how markets can change their behavior very quickly. They can... Read moreread more

7 Questions To Find Markets To Trade

trading markets

  Picking your markets to trade can make a huge difference to how profitable your trading strategy is, so it’s important that you have a good method of doing so. If you swing trade, simultaneously day trade multiple markets or  if you’re considering a switch in product for your day... Read moreread more

How Fear Is Derailing Your Trading Success

There are many types of trader personalities but I want to focus on two specific types. Both of these types have the potential to be successful as a trader only if they are able to get out of their own way. You may find yourself as one of these types... Read moreread more

Act Like You Are Trading Large Trading Positions

The goal in trading is to compound your trading account allowing you to scale up your trading business. As your account size increases, so does your ability to trade larger position sizes which, in a perfect world, becomes wash, rinse, and repeat. In order to do this correctly, you must... Read moreread more

Do You Accept Risk?

Trading is a game full of risks. Every trader knows that over time they will have some winning trades and some losing trades. However, just because a trader is aware of the risks in what they’re doing, does that mean that they fully embrace the risks associated and accept a... Read moreread more

Can You See Trading Success In Your Future?

Achieving success at anything in life is about planning. But it’s about more than just writing down a list of things you’ll do and never get to actually doing them. It’s about envisioning success and the behaviors which are likely to lead long term objectives being met. Most things in... Read moreread more

Success In Trading Needs Belief In Yourself

Traders spend a lot of time back testing trading strategies, systems, and researching news events that are related to the market. The outside work such as that is important but many don’t spend nearly enough time working on themselves. More importantly, working on ensuring they believe in themselves. If you... Read moreread more

Trading Journals – 10 Minutes To Boost Chance Of Success

When day traders hear the closing bell, it may be tempting to shut things down and then move on with the rest of your day. But is this really the best thing to do or is there something you can do to improve your trading like logging in your trading journal?... Read moreread more

Mentally Manage Your Losing Trades

A part to sore losing in trading is loss aversion. This is part of human nature and trading really brings it out in all its glory. When we have a good trading system and it takes a series of losses, it’s easy for this to come out. Not only does... Read moreread more