Day Trading

Day Trading remains a popular method primarily for forex day trading and futures day trading strategies. The ideal day trading strategy is designed to get in, get out and get done with controlled fixed risk and the ability to leverage time the quickest of all trading strategies.

Is Day Trading For A living Possible?

day trading for a living

When traders decide to start day trading for a living, there are a few choices that are faced including: How much money they need to start day trading The markets they will day trade What trading strategy they will use The most important choice when people decide to make trading... Read moreread more

Effective Keltner Channel Trading Strategy

The Keltner Channel is a volatility based trading indicator that uses two bands and the average true range to set the channel distance below and above an exponential moving average, generally 20 period EMA. You use the Keltner Channel to determine when a market has stretched too far from the moving average –... Read moreread more

True Costs Of Missing Trading Opportunities

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. As you may know, the traders at Netpicks take trading logs seriously – to the point that we actually give... Read moreread more

Spotlight Power Trader With Think or Swim

Our Inner Circle of traders at Netpicks are important to us.  After many requests, we set our programmer onto the task of taking one of our most successful trading systems in our history, Spotlight Power Trader, and making it Think or Swim platform compatible. We want our strategy to work... Read moreread more

March Ends With Another Crude Oil Winning Trade

trading crude oil futures

While many markets are going through turmoil in an uncertain climate, our weekly Crude Oil inventory trades continue to be an amazing income producer for those in our Inner Circle group of traders. The trading system of choice for the Crude Oil inventory report trade is Counter Punch Trader which... Read moreread more

90 Second Crude Oil Trade Win

Another Crude Oil Inventory Report trade and our trading system, Counter Punch Trader, banked us (and our trading room members) a first trade winner with overall exposure time in the market of less than two minutes. This is what successfully trading for living is about – repeating the same actions over and over again... Read moreread more

Why Chasing Trades Is A Horrible Decision

day trading strategies

Sticking to a trading plan can be tough during normal market conditions but when volatility hits the markets, it can be harder. It is easy to get sucked into taking a trade outside of your trading plan when the market makes large and quick moves in price – especially when... Read moreread more

Crude Oil Inventory Report Trade Recap

This crude oil trading session for Feb 28 2018 had some excellent learning points in it and it would have been easy to get tripped up if you were approaching your trading without a concrete approach to the markets. All of our Inner Circle members and those who attend our live trading... Read moreread more

Take Trading Entries At The Right Location

In a 2 part series about an objective way to draw trend lines, there was something important that is a must for any trader. While trend lines can give you a great view of the current market structure, some people may be thinking they are also an entry into a... Read moreread more

3 Tips to Improve Trading Performance Now

In a world where the information available to us is growing at an exponential rate, we must be mindful of the fact that we have a limited capacity to receive, process and incorporate ideas into our own lives and into our trading session. What you pay attention to can also... Read moreread more

Is More Trading Discipline The Answer?

trading discipline

It’s commonplace for traders to regularly lose money by trading in a manner which they know they shouldn’t be which means they are not following their trading plan.  This is assuming the trader has taken the time to actually put together a trading plan for their strategy based on testing and... Read moreread more

Swing Trading Or Day Trading – 5 Questions

trading questions

As a company that develops trading systems for all types of traders, we often face the question of which style of trading is best.  People are looking for which direction they should go – swing trading or day trading. They also wonder if they need different trading strategies for both.... Read moreread more

How Would You Like To Trade Like This?

There was such a great response to my 2 Minute Crude Oil Trade post and the trading video I did for it that I wanted to highlight a few more trades. I know you probably see some of these types of trades on trading blogs but here is the difference:... Read moreread more