trading videos

Taking Your Trading Profit

Trading profits

When talking about trading, the conversations usually revolve around trading setups. After all, people want to find the trading opportunity, enter the trade and reap huge rewards. In order to reap any reward when trading, there is one key element that gets over looked by many and that is how... Read moreread more

Online Trading Reviews To Ignore

greed

It’s the normal routine for many looking to make money trading online but many times it can lead you down the wrong path: Find a trading system Check online trading reviews of the method Jump right in trading with real money The trading system and the dangers of trading without... Read moreread more

World Cup Trading Performance Lessons

trading performance tips

For those of you who read my posts on a regular basis, you’ll probably already have noticed that I do enjoy drawing parallels between situations from the “real world” and trading. And unless you’ve been under a rock for the last couple of months, you’ll know that we’ve just seen... Read moreread more

Trading news using an Options Trading Strategy

Global headlines profit

One of the things I love most about using a powerful options trading strategy is the incredible flexibility that it gives me. If you are like me then you either have financial TV or radio on throughout the day. This means we are flooded with news and new trade ideas... Read moreread more

5 things you need to do to “Live Through Drawdowns”

In our NetPicks Quantitrader service, where we provide a fully developed, simple to follow stock trading system (Free Trial Here) we frequently discuss the importance of understanding drawdowns. We all know it is very important to develop a mindset that is conducive to trading. One of the most important parts... Read moreread more

The Power of Quitting While You’re Ahead

The power of quitting while you’re ahead in trading should not be underestimated, but unfortunately it often is. At Netpicks.com we really take this to heart and as part of our day trading rules, we clearly outline in our trade plans how many winning trades we can take before stopping... Read moreread more

Trading What You Think Can Cost You

I was talking with a trader a few days back which included an exchange of charts. That’s not something I usually do but considering this person is a “friend”, I made an exception. The trade was based on a confluence of major turning points and a few other factors. Thinking... Read moreread more

Think You Are A Trader?

I recently watched an episode of a show called “Suits”. In this particular episode, one of the lawyers represented someone in court that deals with residential issues. He initially lost the case but the point is that he was an actual lawyer (in the show) representing someone in court. We... Read moreread more

Change Your Habits

A couple of days ago I read a post that someone had recommended. It was to do with the sort of things you don’t do if you’re a focused individual and that focus leads to success and happiness. As I started to read it I was thinking that the author... Read moreread more

Do You Want This Position

  I want to go back to something Marty Schwartz said that actually occurred this past week for me. It is something that I struggled with when I started trading, not so much now and when the opportunity to jump was there this week, I continued to exercise something that... Read moreread more

It All Starts With Foundation

  I had a conversation today with an ES trader who has been in the markets since 2009.  We talked a little about the markets such as Euro Futures, Wheat, Soybeans and a few other ones.  It is hard to talk with passion about individual markets however everything changed when... Read moreread more

Trading Lessons from a Winter Olympian

You may be aware of the current Winter Olympics going on in Sochi. Although it’s not my favorite collection of events, it always fascinates me what makes elite performers tick. So I was reading about an athlete who won gold four years ago and was immediately stuck by the parallel... Read moreread more

Football and Trading Success

Watching the Super Bowl, I couldn’t help but think how football is similar with trading. Not only similar but offers an opportunity to learn something from the gridiron that can aid you in changing your thought process and how you approach trading in general. Before players even step on the... Read moreread more

Medium Steak and Trading Bias

Back in the days where I would eat steak, I was a stickler for how I wanted it cooked. Out for dinner, I would order it medium but many times, it was difficult to get it right.  Well done, rare and everything in between would try to pass for medium.... Read moreread more

Take Some Off

I was on the phone last night with a friend who happens to also be a trader and I saw a trade set up in the AUDUSD. This currency pair has been a shorting machine lately but trading sideways since Dec 13. A few things lined up so I wanted... Read moreread more

Are You A Junkie?

Do these signs look familiar? Addicted to the dings, dongs and flashing lights coming from your trading platform? Index finger cramped and consistently bent from too many mouse clicks entering trades? Probably not even close to consistently profitable? Need to make back that losing trade fast? Then you have a... Read moreread more

Objectivity To Save Your Career

Objective Forex Trading For Profits from Netpicks on Vimeo.   In trading, I am a huge fan of keeping things objective.  Far too many of us can be swayed by fear/greed that can cause us to either take profits too quickly or worse, stay in a trade way too long. ... Read moreread more

Price As A Gas Gauge.

Price can tell you all sorts of things and you don’t even need an indicator to help you spot the obvious.  My car and just about every car out there has a gas gauge.  The gas tank, being an enclosed solid structure, doesn’t let you see how much gas is... Read moreread more