Trading Article

3 Things To Remember When You Start Trading

run with your trading goal

We live in times where downsizing and job losses happen on a daily basis. Losing a job can be very traumatic especially if you are in your middle years as opportunities seem to go to the younger crowd. I’ve read many articles where people in their 40’s and early 50’s... Read moreread more

Trading Plans Must Have 3 Things To Be Useful

I’ve lost count the amount of times “having a trading plan” has either been written about in this trading tips blog, or mentioned in a trading article. The reason you are inundated with “have a trading plan” by us is because it is something that if you don’t trade with,... Read moreread more

2 Ways To Use Trading Range Breakouts

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 fundamentally important factors are straight forward.... Read moreread more

Plan Your Trades And Execute The Proven Plan

One of the biggest problems a trader faces is bridging the gap between trade planning and execution. How many times do we hear a trader asked if they did what they said they were going to do? How many times is the answer “No”? Getting from a strategy looking good... Read moreread more

4 Best Trade Exit Strategies To Book Profits

trading exits

Every trader needs an exit strategy thought out before they actually enter on their trading setups.  For day trades, even an “exit before market close”, while basic, still has you with a plan for ending the trade. Without a trading exit being part of your overall trading strategy, you are... Read moreread more

Successful Trading Is Not Just Putting In Screen Time

“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 more important than simply screen time,... Read moreread more

5 Crucial Aspects Of A Winning Trading Plan

Winning trading plans are the secret to successful trading and our trading of the Crude Oil Inventory Report Live Session proves that to be true. Again, our day trading plan and strategy posted another efficient winner. What was interesting about this session was how lucky we were that our full... Read moreread more

Hard Truth – Your Trading Failure Is Your Fault

take a break

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, and can see the intent in... Read moreread more

2 Principles You Must Master For Success In Trading

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 have experienced some degree of trading... Read moreread more

Can You See Trading Success In Your Future?

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 objectives being met. Most things in... Read moreread more