About: NetPicks

Articles written by NetPicks:

Can You Execute Your Plan?

You plan your trades using a strategy that has an edge but you fail to execute on the hard right edge of the chart. Getting from a strategy looking good on paper to real-world trading performance is what it’s really all about.  Paper profits in your back test mean nothing... Read moreread more

Support and Resistance Trading Guide

What are support and resistance levels? “Support is a level or area on the chart under the market where buying interest is sufficiently strong to overcome selling pressure. As a result, a decline is halted and prices turn back again. . . . Resistance is the opposite of support” (Murphy... Read moreread more

Here Is How to Stop over Trading and Become a Winner

Last updated on June 3rd, 2020 Day trading has the potential to keep you glued to the screen the entire day as you punch in and out of trades. It can actually be addicting as you watch the increase in your trading account – perhaps not so addicting when the... Read moreread more

How Many Losing Trades Before You Quit Trading

Last updated on July 3rd, 2020 We are all going to have losing trades. The only way to avoid a losing trade is to not trade. Since you intend to make trading a career, not trading is not an option and a question that’s come up in our trade room... Read moreread more

Kagi Charts – How to Trade these Squiggly Lines

Last updated on May 14th, 2020 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... Read moreread more

Are You Afraid Of A Stop Loss In Trading?

Last updated on May 12th, 2020 One of the golden rules in trading is to protect your trading capital. Using a stop loss in trading is a smart move to protect you when the random distribution of wins and losses play out with you on the losing end. You can... Read moreread more

3 Tips to Improve Trading Performance Now

Last updated on May 12th, 2020 What you pay attention to can have an effect on your trading performance as you process this information.  Day trading, a tough go at the best of times, can be made more difficult depending on where you put your focus during the trading session.... Read moreread more

4 Reasons Why You Should be Trading with Range Bars

Range bars are bars that are plotted on a chart that have the same price increment, the same height, and each bar closes either at the high or the low, regardless of the opening price. There is no time component as you would see with candlestick charts or bar charts.... Read moreread more

Winning Strategy for Futures Day Traders In 5 Simple Steps

Last updated on April 20th, 2020 As traders, many of us spend a lot of time looking for that winning strategy that will catapult us into the small group of successful traders. Each of us want to win and we will spend hundreds of hours testing trading systems but always... Read moreread more

8 Steps To Potential Trading Success

Last updated on April 14th, 2020 So you’ve been trading for a while now, had some success and it seems like forever ago that you cracked open your first chart. You’ve learned about the markets; what works and what doesn’t and can carry on an intelligent conversation on most trading... Read moreread more

Increase Your Odds Of Trading Success

Last updated on June 3rd, 2020 Succeeding at trading is reserved for a small percentage of people. Successful traders are a different breed of person who’ve managed to battle the psychological pitfalls but have also found a trading edge that they are consistent at trading. It’s an older statistic but... Read moreread more

Ride the Drawdown Storm

Last updated on June 18th, 2020 It’s almost inevitable. You get a rise in market volatility and you see folks get hurt. Markets move faster, further and change direction quicker than people have become used to. For traders who aren’t prepared, this can spell disaster. Not only do they face... Read moreread more

Be Careful What You Focus On

Last updated on April 20th, 2020 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.... Read moreread more

Successfully Day Trade Emini Futures

Last updated on May 14th, 2020 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 April 14th, 2020 You need to have a high degree of persistence to perform at a high level in anything in life. Trading for a living included. To acquire the experience and ability to trade well and to maintain a consistent level of performance, is a tough... Read moreread more

Just Execute When The Time Is Right

Last updated on June 25th, 2020 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... Read moreread more

8 Foundational Skills Every Trader Should Learn

Last updated on April 20th, 2020 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... Read moreread more

2 Ways To Use Trading Range Breakouts

Last updated on May 15th, 2020 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