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Here Is How We Trade Options – 5 Ways To Profit

Last updated on July 3rd, 2020 You may not want to trade Options for a living but having options trading as part of your overall trading portfolio is a strong way to diversify your trading business. Our approach to trading options will be a little different than what most traders are... Read moreread more

5 Reasons Why Price Action Won’t Save You

Last updated on May 12th, 2020 Price action. I’ll admit that if a trader is having trading issues, I will usually ask them about their experience with trading price action and if they are applying that skill to their trading strategy. The problem is, we have to remember that understanding... Read moreread more

Never Ignore These 10 Variables For Trading Focus

Last updated on May 7th, 2020 Have you ever had trading sessions where when the ink is dry, you know you could have done better?  Maybe you missed a perfect trade setup, stepped outside your trading plan, or simply had a moment of fogginess where you drew a blank while... Read moreread more

This Indicator Can Easily Change Your Trading

Last updated on April 18th, 2020 The number of trading indicators available to any trader that they can slap onto their price charts is vast. Whether we are talking about trend indicators such as moving averages or overbought/oversold trading indicators like Stochastic Oscillator, trading indicators help us in making sense... Read moreread more

2 Steps To Increase Your Option Trading Profits

Last updated on July 4th, 2020   It is vital when trading any instrument that you maximize the profit potential when you take your trade. You can increase your profits when trading Options if you consider the 2 simple steps I am going to outline below. I want to ask you... Read moreread more

Trading Drawdown – Can You Live Through It?

equity curve with draw down

Last updated on July 3rd, 2020 Do you know what gets ignored when people write about trading? Living through a trading drawdown. Traders understand that their account will ebb and flow (just like the price on the chart) but when their trading account starts to look like a bear market... Read moreread more

Trading Journal Spreadsheet Is A Career Saver

Last updated on September 7th, 2020 Many successful and professional traders talk about how important it is to keep a trading journal spreadsheet. In the “boss-less” environment of the at home trader, keeping a trade journal keeps you on your toes knowing that at the end of the day, your... Read moreread more

411 On Exchange Traded Products

SPY ETF vs. the S&P 500 Stock Index (SPX)

Last updated on April 22nd, 2020 Exchange-traded products (ETPs) have grown in popularity as more products have become available and more traders have become aware of their benefits. ETPs look like stocks, trade during market hours on stock exchanges, and provide similar trading opportunities including order types (market, limit, stop, etc.), short selling, and options.... Read moreread more

Use A Trading Log

Trading Log

Last updated on April 26th, 2020 Without using a trading log to log your trading activity, you will have no clue if your trading strategy has a chance of working over the long term. How could you? You need data to back up the probability of your trading strategy and... Read moreread more

5 Factors To Success You Can Work On Today

Last updated on July 21st, 2020 It’s the biggest time of the year for hockey fans as the playoffs are now in session.  During this types of “do or die” moments,  I get thinking about motivation in sport and the similarities of the issues traders face. Potentially one of the... Read moreread more

3 Ways Of Curbing Destructive Emotions In Trading

emotions in trading

Last updated on April 14th, 2020 Emotions can either help you or hurt you and that is made very clear when it comes to traders and how they cope with the emotional aspects of trading. You’ve spent your entire childhood and adolescence learning to control and develop suitable responses to... Read moreread more

Do You Believe Your Trading Knowledge Can Equal Success?

trading knowledge

Last updated on April 15th, 2020 At the heart of every trader’s endeavor is the struggle to turn their trading knowledge into concrete success trading the markets. This is always a learning phase and in trading, the phase is about gaining knowledge about the nature of the markets. From that,... Read moreread more

Worst Time To Day Trade Most Markets

WORST TIME TO DAY TRADE

Last updated on May 12th, 2020 One of the worst times to day trade is during the time when many traders take lunch and this is a good time for you to stand aside.  To go on further and elaborate a little on why I say this and to make... Read moreread more

5 Steps For A Successful Trading Journey

5 steps to a successful trading journey

Last updated on May 12th, 2020 Creating a trading plan and then trading it might see to be a simple enough thing. However, if you want to make a real go of trading it’s often a much more involved task. Simply turning up and trading a strategy may work sometimes,... Read moreread more

Look Before Leaping Into Trading

jumping into trading

Last updated on June 18th, 2020 Before heading into the trading world, there are some basics you should know. This article is going to touch on several basic variables that you will have to consider before you jump into trading either as a career or a part time hobby. First,... Read moreread more

4 Ways To Know If You Should Cut Your Trading Day

should you stop trading

Last updated on April 20th, 2020 There’s a lot to be said about human nature and how it applies to trading. One vastly important aspect to come to terms with is the instinct to keep hold of what we have. The problem with this comes when those days where conditions... Read moreread more

Easy To Understand Option Basics

options basics

Last updated on May 12th, 2020 When I mention to people that I trade options, the response is usually, “That sounds way too risky for me.” That’s simply due to lack of knowledge because once they understand some option basics and how to trade them, people start to become a... Read moreread more

The Top 6 Forex Websites You Should Be Reading

Last updated on June 3rd, 2020 The Best Forex Websites It’s our goal at NetPicks to provide you readers with the best information on day trading and forex you can get. NetPicks is the leader in day trading education systems and strategies, and an outstanding resource for quality articles, webinars,... Read moreread more