Trading Tips & Tutorials For Online Traders

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

day trading strategies
Oct17 Share

One Truth In Trading To Not Forget

There is one trading book we recommend for every trader and that one is “Trading In The Zone” by Mark Douglas.  While there are trading books on trading techniques and money management, Trading In The Zone focuses more on the mindset of a successful trader. One section of the book… Read more

trading as a hobby
Oct12 Share

Is Your Trading Really Just A Hobby?

There are quite a number of trading “cons” floating around the internet and people are rightly concerned about getting sucked into one of them.  The Forex market seems to have a high number of “can’t miss” trading systems and the most aggressive marketing While these trading “cons” are so good… Read more

I don't want to listen anymore
Oct08 Share

Should You Stop Learning And Just Trade?

Do you ever “arrive” as a successful trader?  Is there ever a time where you just know it all and can rest on your laurels and trade? I don’t think so. Just as a professional athlete constantly goes over the basics and tweaks technique, I think traders should as well. … Read more

Whats Your Next Step? Concept man hand on table Business coffee Split tone
Oct03 Share

Keltner Channel Pullbacks – How Many Are Too Many?

A trading tips blog reader sent me a question about the Keltner Channel trading strategy article that I put together.  If you have not read that article, I suggest you go back and take a look through it so what you are about to read makes sense. In truth, I can’t… Read more

trading frustrations
Sep29 Share

Stop Letting Your Trading Frustrations Put Your Future At Risk

Trading frustrations are a very real thing.  There are something that every new trader faces but it is not reserved only for them. No matter how long you are in this game, being frustrated is something that will be an ongoing issue but you will get better at handling it…. Read more

multi tasking
Sep24 Share

You Are Not Just A Trader But 1 Hat At A Time Please

When you tell people you are a trader, you are selling yourself short.  While being a successful trader is an accomplishment by itself, you no doubt wear a few different hats in your trading business. If you’re a discretionary trader, to give yourself the greatest possible chance of success requires… Read more

bigstock-Confusion--111920117 (1)
Sep18 Share

Losing Trades Are Not That Bad

It is interesting to see how individual traders approach this business.  Of course there are different methods and ways to trade but I am talking about the mindset in regards to trading losses.  I think that is the number one criteria that can predict the ultimate success or failure of… Read more

bigstock-Drawing-A-Process-Diagram-4465314
Sep11 Share

What If Your Pullback Trade Fails To Set Up?

Trading pullbacks is a time tested way of zeroing in on locations to trade.  Whether you are using support and resistance, trend lines, moving averages, or even Fibonacci retracements, trading pullbacks is a viable part of trading setups that you can use. Pullback trading is based on the natural ebb and… Read more

bigstock-Dramatic-clouds-96138989
Sep08 Share

Do You Want To Trade Or Analyze?

Fundamental analysis.  Technical analysis. The debate that can rage between two traders on whether fundamental analysis trumps technical analysis can be entertaining.  You will see them hold tight to their opinions and you have to applaud their passion. At Netpicks, we understand the basic fundamentals of what we are trading… Read more

trading discipline
Sep03 Share

Is More Trading Discipline The Answer?

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 more