Trading Tips & Tutorials For Online Traders

Last updated on February 26th, 2020

Online trading tips for Forex, Futures, Options. Learn how to improve your trading business.

May28 Share

Trading The Hull Moving Average Indicator

Moving averages come in different types and they lag price.  The simple moving average weighs each price point equally so it lags the most. Different twists such as the EMA and WMA evolved which emphasized price differently. The Hull Moving Average indicator was developed by Alan Hull and reduces the… Read more

May25 Share

Anti Pattern Reversal Trading Strategy

Some of the best chart patterns to trade, such as bull flags, are simple and that includes the “anti” pattern by Linda Raschke. The anti pattern takes into account both a pullback and a momentum move that setups up the pullback. As described in my article about trading pullbacks, we… Read more

May07 Share

How To Trade Options Around Dividends

If you trade options for any length of time you will run into stocks and ETF’s paying dividends. It’s important to know when these dividends will require you to adjust or close a trade. What is a dividend?  “A dividend is the distribution of a portion of the company’s earnings,… Read more

May06 Share

Use Market Structure Like A Pro

Last updated on May 14th, 2020 We have all heard of the old adage….”sell at resistance and buy at support” which is another way of saying to trade market structure. Obviously it is contextual because if price is charging towards a resistance level are you really going to just going… Read more

May04 Share

Here Is How to Stop over Trading and Become a Winner

Last updated on May 14th, 2020 Day trading has the potential to keep you glued to the screen the entire day as you punch in and out of trades. It can actually be addicting as you watch the increase in your trading account – perhaps not so addicting when the… Read more

Apr26 Share

Learning How to be a Winning Trader

There’s learning how to trade… …there’s learning a trading strategy …there’s learning how to trade with that strategy …and then there’s learning how to be a ‘winning trader. Each step along the way is necessary to finally put it all together for consistent success. The quicker one can get to… Read more

Apr25 Share

Trading Plans Must Have 3 Things To Be Useful

Last updated on April 26th, 2020 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… Read more

Apr18 Share

How Many Losing Trades Before You Quit Trading

We are all going to have losing trades. The only way to avoid a losing trade is to not trade. Since you intend to make trading a career, not trading is not an option and a question that’s come up in our trade room has been “How many losses would… Read more

Apr18 Share

Options Trading FAQ’s

Last updated on May 14th, 2020 We held our live 2 day Options Trading For Income Crash Course this past week where we walked through how we use our entire options toolbox on a weekly basis. If you missed that training (free) I have included links below to the material… Read more

Apr15 Share

Kagi Charts – How to Trade these Squiggly Lines

Last updated on May 14th, 2020 Kagi charts were developed in the 1870’s in Japan, and many of us in the US first learned about them from Steve Nison in his book Beyond Candlesticks. When we started using Range and Renko Charts with our systems here at NetPicks a while… Read more

Apr15 Share

What Are You Using For Profit Taking Targets?

Last updated on May 12th, 2020 Traders are looking for trade entries but finding a profit target and a break-even point or just to slightly limit risk, seems to be forgotten, but are needed for any trading strategy. Let me say that there is never a “best” place for trade… Read more

Apr14 Share

Are You Afraid Of A Stop Loss In Trading?

Last updated on May 12th, 2020 One of the golden rules in trading is to protect your trading capital. Using a stop loss in trading is a smart move to protect you when the random distribution of wins and losses play out with you on the losing end. You can… Read more

Apr13 Share

3 Ideas To Help Improve Your Trading

Last updated on May 14th, 2020 Have you been consistent with risk, position sizing, and keeping your focus on the trading method you have tested and shown to have a positive expectation? There is a very good chance that you have not been consistent and when faced with losing trades,… Read more

Apr12 Share

3 Tips to Improve Trading Performance Now

Last updated on May 12th, 2020 What you pay attention to can have an effect on your trading performance as you process this information.  Day trading, a tough go at the best of times, can be made more difficult depending on where you put your focus during the trading session…. Read more

Apr12 Share

Trading The Butterfly Pattern

The Butterfly pattern, discovered by Bryce Gilmore,  is a reversal chart pattern that consists of four distinct swings in the market. The rules to identify the Butterfly trading pattern are strict and requires the use of certain Fibonacci ratios that were made public by Scott Carney. If you use ratios… Read more

Apr11 Share

Is the market bottom in place?

Last updated on May 12th, 2020 After a big wave lower in stocks due to the initial reaction to the coronavirus spreading, markets have recovered off the lows in a big way. We saw stocks rally 25% over the last 2 weeks on hopes that the worst of the virus… Read more

Apr10 Share

Best Moving Averages For Options Traders

Last updated on May 14th, 2020 My preferred style of trading is swing trading using various options strategies. I consider a swing trade holding a position for a period of 2 days on out to 4 weeks. That is the sweet spot that I have identified when using many types… Read more

Apr04 Share

Why We Don’t Like To Use Stop Orders When Trading Options

Last updated on April 17th, 2020 I have heard all of these statements repeated during my nearly 20 years of trading options and markets in general: “Let your winners run, cut your losses quickly.” “Keep your losses small” “You have to use stop orders” Traders get so concerned with getting… Read more

Apr01 Share

Placing Option Orders In Volatile Markets

Last updated on April 4th, 2020 Options traders love volatile markets. I would much rather trade in active market conditions with big moves back and forth rather than a slow market like we saw for most of 2019 and early 2020. However, with volatility returning the last month, it does… Read more

Mar30 Share

4 Reasons Why You Should be Trading with Range Bars

Range bars are bars that are plotted on a chart that have the same price increment, the same height, and each bar closes either at the high or the low, regardless of the opening price. There is no time component as you would see with candlestick charts or bar charts…. Read more