fbpx

About: NetPicks

Articles written by NetPicks:

Successful Trading Is Not Just Putting In Screen Time

Last updated on May 12th, 2020 “Make sure you put in the screen time”. That is something you hear often when reading information about becoming a successful trader. It is hard to argue with it taking time to become effective at most things and trading is no different. What is... Read moreread more

Keep Trading As Simple As Possible

Last updated on April 26th, 2020 At what point has your trading become over-complicated? Some traders can have many variables in their trading plan and do fine. Others can get overwhelmed when there are too many things to consider for a trading setup. I’m sure we’ve all felt that way... Read moreread more

2 Success Principles For Improved Trading

Last updated on April 28th, 2020 We’ve seen many traders come and go through the two plus decades that Netpicks has been in the business of helping traders succeed. Whether they were great traders from the start or could not grasp this business, throughout that mix we’ve seen many who... Read moreread more

Stop Thinking About Money Gains (and losses)

Last updated on June 18th, 2020 When thinking and talking about their trading performance, a habit many traders tend to get into especially when they are just starting out, is using a $ value for p/l. It’s easy to see why – a new trader is likely to keep their... Read moreread more

Trade Outcomes Don’t Tell The Whole Story

Last updated on June 3rd, 2020 Being in the business of trader education and trading system development, Netpicks has seen a lot in over two decades when it comes to those looking to trade for a living. One obvious thing to us is that that learning how to make money... Read moreread more

Trading Is About Probabilities – You Know That Right?

Last updated on June 3rd, 2020 Trading is  a game of probability for traders and any successful trader knows that at any time, the next trade can be a winner or it can be a loser. Trading with an edge, you want to allow the probabilities to play out and... Read moreread more

Winning Strategy for Futures Day Traders

Last updated on June 17th, 2020 Day trading futures attracts many types of people that share one thing in common: they want to be successful at day trading. When the drive to succeed is strong and armed with a winning trading strategy, why do so many fail? What is the... Read moreread more

Common Sense Trading Success Keys You Should Know

Last updated on June 18th, 2020 Fundamentally, trading really is a simple game, but it requires a great deal of thought, effort and persistence to succeed. In poker, the saying from Poker Hall of Fame member Mike Sexton goes that it “takes five minutes to learn and a lifetime to... Read moreread more

6 Steps To Turn Your Losing Trading Results Around

Last updated on April 14th, 2020 What can we learn from a baby when it comes to trading? Sounds stupid but a baby, brand new to this world, has no concept of fear. They’re not concerned by: The possibility of losing out Looking foolish Competition with their peers. They see... Read moreread more

Warning: Don’t Change Your Trade Plan

trading mistakes

Last updated on April 22nd, 2020 A trader decided to enter a position in a manner that was not consistent with his trading plan. What he said was that he entered a trade based on the fact that as the market was already close to the stop the system had... Read moreread more

Is Consistency In Trading Overrated?

Last updated on May 12th, 2020 With the laundry list of variables that people say are needed to succeed in trading, is being consistent often overrated? From having sound money management that respects the expectancy of your trading system to having a trading plan, there are many things to consider. ... Read moreread more

True Costs Of Missing Trading Opportunities

Last updated on April 20th, 2020 When a trader misses a trading opportunity, they run the risk of skewing the expectancy of the trading strategy and can turn a true winning system into a losing one. When I wrote 3 Tips to Improve Trading Performance Now , I talked about... Read moreread more

Trading Psychology Includes Emotional Control

Last updated on May 12th, 2020 Trading with emotions can be devastating and if you don’t get your emotions under control, it can take a lot of time to recover from the consequences. When the decisions about the market are made from a place of emotion as opposed to strict... Read moreread more

Run The Winners And Cut The Losers Like Smart Traders

cut losing trades

Last updated on April 22nd, 2020 Letting your winning trades run and cut your trading losses is a trading rule that we’ve all heard. The idea is to let the trades that are in profit continue to run in order to make as much as the market is willing to... Read moreread more

10 Numbers Every Trader Should Know

day trading strategies

Last updated on June 3rd, 2020 Learning to trade is a lot more than finding a trading system and start following the buy and sell signals. I’m sure that many of us started with the belief that it would be that simple but were quickly brought back to reality. A... Read moreread more

Lack Of Confidence Will Kill Your Trading Dreams

Last updated on May 12th, 2020 The success rate in terms of successful traders, by all accounts, is pretty poor.  This has the potential to rip the confidence of anybody thinking of making trading an income producing activity. Trading is a performance sport and just like any performance endeavor, without confidence... Read moreread more

Are You A Trading Poseur Or The Real Deal?

Last updated on September 7th, 2020 Markets have gone through some tough times the last several month which can have traders of all levels questioning their trading motivation and results. It’s never a bad thing to take a personal inventory of your trading, your trading mindset, your results, and set... Read moreread more

Will Bitcoin Remain King Of Digital Currencies?

Last updated on April 28th, 2020 November 1, 2018 is the 10 year anniversary of a revolution that has rocked the way many conduct business. This is the date when Satoshi Nakamoto posted his research paper to a small group of cryptography enthusiasts on an obscure website. Nakamoto’s paper described... Read moreread more