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.

5 Tips For Successfully Day Trading Emini Futures

Last updated on November 4th, 2019 Whether you’re trading Stock Index Futures on the Chicago Mercantile Exchange such as the Russell Emini, the S&P 500 (the mini version of course), the Nasdaq or the Dow, there are some basic things you can do to heighten your chance of successfully day trading Emini... 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

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

All Time Best Trading Books To Learn From

Tony Robbins talks about “modeling” the best to help you become the best. Do you want to become a successful trader? Then you should think of reading some of the best trading books ever written about the financial markets. IMHO anyhow. There are so many great day trading books out... Read moreread more

4 Steps for Creating a Winning Strategy for Futures Day Traders

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 difference between the traders that succeed... Read moreread more

Crude Oil Inventory Report for Today: Updated Every Wednesday

Last updated on October 15th, 2019 Crude Oil Futures is not only an active market to trade but is also one of the most popular instruments available to day traders. That makes trading Crude Oil and the crude oil inventory release, a wonderful opportunity for traders to make additional income or... 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

Run The Winners And Cut The Losers Like Smart Traders

cut losing trades

Last updated on July 3rd, 2018 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

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

Last updated on November 4th, 2019 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... Read moreread more

Why Chasing Trades Is A Horrible Decision

day trading strategies

Last updated on March 8th, 2018 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... 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