Trading Tips & Tutorials For Online Traders

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

take a break
Nov22 Share

Take A Break From Your Trading Screen

We’ve all been there where trading consumes us to the point that we are living in front of the computer.  “Take a break from trading” is probably something you’ve heard at least once during your trading career. It may not be time spent actually placing trades but learning and back… Read more

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

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

When Are Losing Trades A Positive Result?

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

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

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

trading questions
Aug31 Share

Swing Trading Or Day Trading – 5 Questions

As a company that develops trading systems for all types of traders, we often face the question of which style of trading is best.  People are looking for which direction they should go – swing trading or day trading. They also wonder if they need different trading strategies for both…. Read more

Aug27 Share

Are You Prepared For A Changing Market?

Things change.  In trading, that can mean: Higher or lower volatility Psychological make up of the trader Shocking news that rocks the market Anything that may affect your risk/reward protocols in your trading plan Every day the markets ebb and flow and there are times of abnormal activity that must… Read more