Swing Trading

IWM – Options Trade Of The Week

We continue to see a very volatile market right now with many big moves back and forth and as a result, the prices of the options are more expensive. To take advantage of the expensive options, we will look to sell a call spread on IWM which is the Russell 200... Read moreread more

Oil ETF Trade of the Week

Crude Oil has long been one of our favorite markets to trade.  For day trading, we prefer Crude Oil Futures –  CL.  On most weeks, we post excerpts from our live trade room showcasing our weekly crude oil inventory report trading. It tends to win most of the time. Crude... Read moreread more

Options Trade Of The Week – Halliburton

With this weeks NetPicks Options Trade Of the Week we will take a look at the energy sector. Energy has been one area of the market that has been very active for months now. We have seen really decent movement in both directions and as a result, there are many... 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

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

Scale Out Trading Profits

scale out trading profits

To scale or not to scale out your trading profits, that is the question. The answer though depends on you and what your priority is in trading. In my swing trading of the currency markets, many times I take some profits off the table and keep them safe in the... Read moreread more

Candlestick Patterns – The Truth You Must Know

Candlestick patters chart

All too often, I see traders who fail to understand the meaning of a price chart.  They look at different types of candlesticks and candlestick patterns in isolation without attaching any meaning to them in terms of trading activity and context.  Inevitably, this type of trader will identify patterns where... Read moreread more

$106,000 Trading Lesson Learned the Hard Way

Do you understand your risk on every option position that you put on Are you comfortable with the worst possible outcome if the absolute worst scenario happens? These are important questions to ask yourself on a regular basis. In our Options Fast Track training room we talk about maximum risk on every... Read moreread more

NetPicks Options Trade of the Week

In the Options Academy trade of the week we decided to take advantage of the wild moves in energy prices that we have seen the last few weeks. Up until the last few days overall market volatility had fallen off a cliff. This typically happens when the market moves straight... Read moreread more

Swing Trading With MACD Insight

MACD and technical analysis chart

I made a piece on using the MACD modified into the 3/10 oscillator and mentioned I would show a real life and recent example. Swing trading Forex is something I’ve been doing for quite a while and living in Canada, my favorite currency pairing to swing trade is the USDCAD.... Read moreread more

MACD Modified To 3/10 Oscillator

Trading 3/10 oscillator

The MACD indicator is very useful when thinking of it in terms of momentum and trend and not as a holy grail. There are many settings that can be used and I prefer to use the settings that reflect the 3/10 oscillator (Raschke). While you can simply input the numbers... Read moreread more

Profit From Trapped Traders

The concept of profiting from traders who are trapped in a losing position is simple. These traders, by virtue of being on the wrong side of the market, can help propel your trade when they hit the exits. Wyckoff is actually the person who brought this idea of using upthrusts... Read moreread more

Small account? 5 options trades under $300

Small account options trading

One of the biggest issues facing newer traders is the lack of trading capital. We sent a survey  to traders and asked why they were for not registering for one of our upcoming Options training webinars. Towards the top of that list of responses was the feeling that their account size isn’t... Read moreread more

4 Steps To Finding The Right Options Trade

iron condors options

I got an email from one of our Options Mastery students this week asking some really great questions.  I’m sure these are questions that many traders have when starting out with options so I decided to answer them in this blog post. Maybe these are the types of questions you... Read moreread more

Options Trade of the Week – FXI

day trading strategies

As a full time trader and NetPicks coach, one of the comments that I dislike hearing the most is “trading options is too complex”. So many traders are looking for the easy fix to their trading, that they often overlook the area that can give them the best odds of... Read moreread more

Simplify your trading with Market Internals

As some of you know, I post market updates and trade ideas on Twitter throughout the day. In many cases, I include screenshots of things I’m looking at. I have started to get some questions on the tools that I use, so I thought it would be a good idea... Read moreread more

Top Stocks to Trade for Fall/Winter 2015

o With thousands of stocks and ETF’s available to trade how do you know which ones to look at? Does it seem like there is a new hot name every day you turn on CNBC or Bloomberg? It drives me crazy when I see people chasing the big name in... Read moreread more

How to Use Position Sizing to Boost Trading Profits

Small account options trading

One of the topics that comes up quite often with our Options Mastery students has to do with knowing what type of position size to use when placing trades. Whether you are swing trading or day trading this topic is always a tricky one. Many courses and instructors encourage using... Read moreread more