Trading Tips & Tutorials For Online Traders

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

Nov19 Share

Consistency Plus Edge Equals Money In Crude Oil

Regardless of how many posts you read in our trading tips section, the overriding theme is consistency. Consistency with method Consistency with trade plans Consistency with risk and money management It’s the consistency when trading an actual edge in the market that will lead to success over time.  It won’t… Read more

inside bar
Nov14 Share

Is There An Inside Bar Pattern Trading Strategy?

The inside bar (candlestick) chart pattern shows us consolidation in price which can make it a great trading tool if you trade the inside bar setups correctly. What happens though is that many traders don’t understand what this chart pattern represents and they end up trading it incorrectly.  In doing… Read more

Nov07 Share

Set Conditions For Successful Trading By Being Like A UFC Fighter

Netpicks may be a leader in trading system development but we also pride ourselves with the level of trading education we provide.  One look through our trading tips blog and it’s obvious that you and your success is a priority for us. That’s why our trading room is so popular. … Read more

Nov03 Share

Is That A False Breakout? Here Are Some Clues.

A breakout is a common price pattern and they are a frequent occurrence in any market.  There occur at enough frequency that there are breakout traders who only look for that type of price action. Think about it:  Where does a trend start?  On the breakout of consolidation so knowing… Read more

How Markets Can Respond to Support and Resistance Levels - Summary of ways markets react
Oct31 Share

3 Things Price Can Do At Support And Resistance Levels

Trading support and resistance levels is a common approach to trading.  Whether it’s a viable strategy is another question and much of that will depend on the trader. One of the biggest issues with support and resistance is defining levels that actually mean something. How do you know that your… Read more

Oct27 Share

Are You Missing This Essential Thing Needed For Success?

We can talk a lot about consistency in trading from risk management to trade entry.  Consistency is important because without it, not only will your trading success be sporadic but it’s impossible to fine tune areas where you are making mistakes. Some may say that being consistent with the right… Read more

Close-up of human hand holding key. Money concept
Oct22 Share

Will Small Trading Accounts Challenge Your Level Of Success?

Do most traders fail?  The statistics say that 90% of traders fail but let’s take a look at who we are talking about? How do you define “trader”?  Would you consider someone who funds a small trading account with $200 and uses an untested trading strategy a “trader”? I don’t… Read more

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