Trading Tips & Tutorials For Online Traders

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

Apr13 Share

Lack Of Confidence Will Kill Your Trading Dreams

The success rate in terms of successful traders, by all accounts, is pretty poor.  This has the potential to rip the confidence of anybody thinking of making trading an income producing activity. Trading is a performance sport and just like any performance endeavor, without confidence with what you are doing, you… Read more

Apr12 Share

Trading Crude Oil Offsets Higher Gas Prices

A rise in gas prices affects virtually everything we do in our daily lives.  From commuting to public transit all the way to the food we eat, rising gas prices can cause an increase in other prices. One way we like to offset the rise in gas price is through… Read more

Apr11 Share

Are You A Trading Poseur Or The Real Deal?

Markets have gone through some tough times the last several month which can have traders of all levels questioning their trading motivation and results. It’s never a bad thing to take a personal inventory of your trading, your trading mindset, your results, and set goals that keep you on the… Read more

Apr09 Share

Selling USDCAD – Spotlight Trade of the Week

Our new Spotlight Trade of the Week (TOTW) is a short on the USDCAD.  It’s the same trading plan that just stopped out for a +208 pip gain. This weeks trading setup for a short trade. Forex is going through some market conditions that we are fortunate to stay out… Read more

Apr07 Share

Wash Rinse Repeat Crude Oil Trading

You may be wondering why I continue to  post these consistently profitable Crude Oil Inventory Report trades with Counter Punch Trader virtually every week. It’s not to brag – most successful traders are modest when talking about their trading results. I show these trades to you so you are able to… Read more

Apr06 Share

Iron Condor Options Trade – XLE

In this week’s NetPicks Options Trade Of The Week,  we will take a look at an Iron Condor on XLE which is the energy ETF that we trade. Looking at the chart below, we can see that XLE has been stuck in a sideways range for the last number of… Read more

Apr03 Share

NetPicks Inner Circle Live Options Demo 3/30/18

We held a Live Options Demo on Friday 3/30 to show how we approach the markets at NetPicks. In the video below you will find a walk through of our options trades from last week. We also take a look at some new trades setting up for next week. These… Read more

Apr03 Share

Are You Afraid Of A Stop Loss In Trading?

One of the golden rules in trading is to protect your trading capital.  Without capital, you don’t have a business and while stores may get a line of credit, traders are not high on the loan officers list. Using a stop loss in trading is a smart move to protect you when… Read more

trading crude oil futures
Mar30 Share

March Ends With Another Crude Oil Winning Trade

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 more

Mar27 Share

US Dollar Index – Why Use It With Forex?

If you trade Forex, you don’t need anybody to tell you that many of the popular currency pairs are in conditions at this time that can be tough to trade. Yes, you can emotionally trade and maybe get a winner, but for the past several weeks, finding great reasons to… Read more

Mar24 Share

Genuine Trading Success – Spotlight Power Trader

Spotlight Power Trader is our newest, most effective trading strategy that can be used in virtually every market. You read earlier in this trading post about how traders are able to lock down consistent profits day trading Forex with the Spotlight Power Trader.  A video was also included that walked through… Read more

Mar24 Share

Spotlight Power Trader – Short HYG

This is the week ending March 23 2018 and our custom made trading system, Spotlight Power Trader, has highlighted a trade in the  iBoxx High Yield Bond Fund ETF, symbol HYG. The trade setup is a short and instead of selling the actual shares, we are going to use the… Read more

Mar23 Share

Twitter – New Options Trade Of The Week

For this week’s options Trade Of the Week we will take a look at Twitter (Symbol: TWTR). Over the past 3 months, we have seen some big moves back and forth on many of the tech names. TWTR first saw a big move higher to start the year from $22… Read more

Mar23 Share

Consistent Profits Daytrading With Spotlight

Daytrading with Spotlight Power Trader to make consistent profits is a pretty straight forward endeavor. The key word in that phrase is ‘consistent.’  We trade the same way, with the same charts, following the same rules, with the same dynamic profit goals, each and every session. I was going to… Read more

Mar21 Share

Crude Oil Inventory Report Replay; Our Winning Streak

Today is Wednesday March 21 which means we have our usual Crude Oil Inventory Report trades we like to do but today we had a pending FOMC statement that can turn the market into chop and churn until release. A proper trading plan accounts for any news release and other economic… Read more

Mar19 Share

Will Bitcoin Remain King Of Digital Currencies?

November 1, 2018 is the 10 year anniversary of a revolution that has rocked the way many conduct business. This is the date when Satoshi Nakamoto posted his research paper to a small group of cryptography enthusiasts on an obscure website. Nakamoto’s paper described a form of digital money that… Read more

Mar18 Share

Spotlight Trade of the Week – EURAUD

This week’s (March 17, 2018)  Spotlight Trade of the Week will be a Forex trade. In the Spotlight Power Trader’s private member site, we have several trade plans for the daily chart of the currency pair of EURAUD. This version has excellent performance report numbers: 5.88 profit factor (18.69 pf… Read more

Mar16 Share

QQQ – Your New Options Trade Of The Week

QQQ is the Nasdaq ETF that we trade on a regular basis inside our Options Fast Track program (send me an email to learn more – mike@netpicks dot com). Using our custom indicators as part of our trading approach, we focus on reversals in trends from the oversold or overbought… Read more

Mar14 Share

90 Second Crude Oil Trade Win

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 the same actions over and over again… Read more

day trading indicators
Mar12 Share

3 Day Trading Indicators Every Trader Should Know

Day trading indicators are often touted as the holy grail of trading but that is simply not true. They are a useful trading tool that should be used in conjunction with a well rounded trading plan but are not and should not be the plan itself. In this trading article, I want… Read more