fbpx

About: NetPicks

Articles written by NetPicks:

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

Use Both Sides of Your Brain for Trading Success and Consistency

trading tweaks

Last updated on April 15th, 2020 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... Read moreread more

Be A Prepared Trader – Especially In The Summer

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

How Fear Is Derailing Your Trading Success

Last updated on May 12th, 2020 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... Read moreread more

Act Like You Are Trading Large Trading Positions

Last updated on July 3rd, 2020 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... Read moreread more

Do You Accept Risk?

Last updated on July 3rd, 2020 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... Read moreread more

Can You See Trading Success In Your Future?

Last updated on July 3rd, 2020 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... Read moreread more

Success In Trading Needs Belief In Yourself

Last updated on May 12th, 2020 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... Read moreread more

Mentally Manage Your Losing Trades

Last updated on July 21st, 2020 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... Read moreread more

These 4 Steps Can Prevent Trading Career Destruction

take a break

Last updated on June 17th, 2020 The principles that are used with A.A. can be applied to help traders who are struggling. These principles can help traders avoid falling back into the habits that have prevented them from reaching their goals: Failure to prepare for their trading day (or career)... Read moreread more

Does Yesterday Matter For Trading Today

Last updated on April 15th, 2020 Every market that you trade will constantly shift from balance to imbalance, consolidation ranges to directional movement looking for higher or lower price points. The most relevant and new information we have about the possible acceptance of price is by comparing the open and... Read moreread more

Your Emotional Side Is Destructive To Your Trading – Tame It

trading mistakes you can fix

Last updated on April 28th, 2020 We all have a logical, thinking being and an emotion based being automatically behaving inside of us. They are important and are in operation at the same time but just like in trading, the balance of power is not always equal. When these parts... Read moreread more

Will Your Chart Pattern Turn Into A Painful Trade?

Last updated on May 14th, 2020 Trading chart patterns has been a swing and day trading approach for decades of chart pattern traders.  Edwards and Magee helped bring this form of chart analysis into the public eye and it’s been a popular approach ever since. Finding a chart pattern can be... Read moreread more

Scale And Trail Your Trading Profits?

Last updated on April 18th, 2020 Trade setups and entries are one of the most searched for topics when it comes to trading.  What gets missed is the exit strategy you will use to exit your trade for profit or at your stop loss. I have a question for you:  “How... Read moreread more

Stop Taking Losing Trades Personally

Last updated on July 3rd, 2020 Every trader during their evolution has thought that the market was out to get them. It is usually when your stop loss is taken out right to the tick and then the market continues in the direction you intended. If it happens on occasion,... Read moreread more

Do This And Never Be Wrong In Trading Again

Last updated on May 12th, 2020 Fear. If there was one word to describe why a trader may not execute their trading plan, it is fear.  The fear of being wrong. In a recent foundational skills to trading post, executing the trading plan when a trade sets up is one... Read moreread more

Can Using A Trading Checklist Routine Help Stop The Bleeding?

Last updated on April 28th, 2020 Over time, day traders are prone to falling into autopilot when it comes to each trading day. Trading every day becomes a reflex and while being in the flow may be a good thing, there are times that something can be missed. In trading,... Read moreread more

Own Your Trading Results

Last updated on July 21st, 2020 Whether we’re talking Elliot Wave, Fibonacci, Donchian Channels or even a simple strategy such as the Golden Cross, the trading strategies and market analysis techniques a trader uses are rarely original. Ideas from experienced and successful traders and market technicians rise and fall in... Read moreread more

Hard Truth – Your Trading Failure Is Your Fault

take a break

Last updated on April 27th, 2020 The desire to reach a level where you’re making money on a consistent basis in trading can be a frustrating and often disheartening business. There’s a certain stage in a trader’s career where they know quite a bit about the markets, how markets move,... Read moreread more