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.

Oct21 Share

Bullish And Bearish Divergence Trading

Trading divergence involves the use of price action and technical trading indicators to find potential turning points in the market.  From Forex trading to futures, trading divergence is a popular method of trading. Finding a divergence is not a guarantee that a shift in price is going to happen but… Read more

Oct19 Share

Weekly Options Recap 10/18/20

Last week was another week highlighted by news driven trading. We have talked about how the headline risk in this market would be extreme between now and the end of the year and that is exactly what we are seeing. Whether it be Stimulus rumors, election rumors, pandemic news, or… Read more

Oct16 Share

34 EMA Trading Strategy With Trendlines

Last updated on October 17th, 2020 Your trading strategy does not have to be complex. In fact, when you have too many moving parts in a strategy, it’s difficult to make adjustments or even just test it. If we break down what we are looking for in a strategy, it… Read more

Oct16 Share

How To Place Options Orders in the TastyWorks Platform

Last updated on October 19th, 2020 In a series of recent blog posts we talked about how we like to use credit spreads with our options trading at NetPicks. We talked about selling call credit spreads, put credit spreads, and iron condors. These trade types gives us tremendous flexibility in… Read more

Oct15 Share

How To Place Options Orders in the Thinkorswim Platform

Last updated on October 16th, 2020 In a series of recent blog posts we talked about how we like to use credit spreads with our options trading at NetPicks. We talked about selling call credit spreads, put credit spreads, and iron condors. These trade types gives us tremendous flexibility in… Read more

Oct15 Share

Could Microsoft Make New Highs?

I was scrolling through some of the stocks that I follow and Microsoft (MSFT) showed an interesting pattern. Like many stocks, there’s been a corrective phase taking place.  After putting in lows in September, MSFT has started to make a pattern of higher highs and lows. After the recent break… Read more

Oct14 Share

Midweek Options Update 10/14/20

Last updated on October 19th, 2020 With everyone focused on the elections and the next round of stimulus, the market has been in drift mode higher. With tech leading the way, we have seen another leg higher over the last few weeks. This has led to many stocks reaching overbought… Read more

Oct09 Share

Best Order Types For Options Trading

Having a good set of mechanics in place for creating opening and closing orders is crucial as an options trader. While it might seem basic, done incorrectly and it can lead to lost money. In this article, we will review the different order types that we use most often when… Read more

Oct09 Share

20/50 Moving Average Strategy

Last updated on November 12th, 2020 Moving average trading strategies are a staple for many traders. Whether trading Forex, Futures, Options, Stocks, moving averages can do everything from showing trend direction, to a full trading strategy. In this trading tips post, you are going to learn the better way to… Read more

Oct07 Share

BABA And CRM – Stocks To Consider

Options trading at Netpicks is a big deal but there are times when some traders may want to position in the actual stock. Actual ownership. Today, I am going to look at CRM (Salesforce) and BABA (Alibaba) because they could be presenting a trading opportunity.   BABA The last few… Read more

Oct07 Share

How To Trade Iron Condors With Options

In our last few Options trading articles we have taken a look at how we can use credit spreads to put on higher probability trades with less risk. We started by showing how we can sell Call Credit Spreads to put on bearish positions with 5 ways of making money…. Read more

Oct06 Share

ADX – Trend Strength Indicator

The average directional index, ADX for short, is a technical indicator that measures the strength of a trend. Given that most instruments spend more time in a consolidated environment, it is helpful to know if your market of choice has any life to it.  The state of the market and… Read more

Oct05 Share

Stochastic Oscillator Complete Trading Guide

The Stochastic Oscillator is a momentum indicator that is designed to give you an objective measure of the momentum in your trading instrument. It oscillates between 0 and 100 which makes it useful for markets in a trading range.  It will show you the relationship of the closing price to… Read more

Oct03 Share

How To Trade Put Credit Spreads With Options

In the article about Call Credit Spreads, I wrote about how they  can be a great way to put on a bearish position with defined risk and 5 ways of making money. We are going to build on that article today by taking a look at selling a Put Credit… Read more

Oct02 Share

How To Trade Call Credit Spreads With Options

What Is A Credit Spread A Credit Spread is a Vertical Spread that is sold to open and can be utilized with call options or put options. We love to use this strategy due to the flexibility that it offers in many market conditions. We can utilize these trades on… Read more

Oct01 Share

Best Trailing Stop Loss Order Strategies

Why is a trailing stop loss order an important strategy to use when trading? Are trailing stops a good idea? Nobody can predict with 100% accuracy where a trend will end and the amount of money that is left on the table by those happy to settle for mediocre gains,… Read more

Oct01 Share

Midweek Options Update 9/30/20

Last updated on November 17th, 2020 As we wrapped up the week last week we talked about how the S&P 500 ETF (Symbol: SPY) had held the 89 EMA on the daily chart 5 days in a row. Holding a big support level like this can lead to some powerful… Read more

Sep26 Share

Weekly Options Recap 9/26/20

Last updated on October 1st, 2020 We have seen volatility market wide pick back up the last few weeks and expect it to stay active through the rest of the year. With so many unknowns with Covid and the Elections we expect prime trading conditions for the next few months…. Read more

Sep25 Share

How To Enter A Trade

Every trader should be trading with a plan that highlights important things such as: What is the trade setup (your trading strategy) How to enter a trade (trade trigger) Where the stop loss is placed (manage your risk) There are many ways to define a trading setup but regardless of… Read more

Sep20 Share

AAPL Trade Plan For Next Week

There is no doubt about it, Apple and it’s stock has been the undisputed market leader over the last few years. It is such a big part of the S&P 500 and the Nasdaq, that it drives most market movement each week. As goes Apple so goes the rest of… Read more