Last updated on February 26th, 2020
Online trading tips for Forex, Futures, Options. Learn how to improve your trading business.
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
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
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
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
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
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
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
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
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
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
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
Last updated on October 19th, 2020 Over the last week we have taken a closer look at the components of the Nasdaq ETF (Symbol: QQQ) and the S&P 500 ETF (Symbol: SPY). These two ETF’s are at the top of my watch list on a monthly basis as they are… Read more
Last updated on September 20th, 2020 Coming into this week all eyes were on the Fed statement on interest rates which came out this afternoon and monthly options expiration on Friday. Today was all about the Fed and it did not disappoint active traders. After an initial move higher after… Read more
The Force Index indicator is part of the family of oscillators that combines price and volume and helps to show turning points in the market. This technical indicator was designed by Alexander Elder (sometimes called the Elder Force Index), to identify the force of the move and brings together three… Read more
In a recent blog article, we dove into the details of the S&P 500 ETF Symbol: SPY. It is one of our favourite markets to trade on a weekly basis as it is a very liquid product that shows consistent movement over time. A second ETF that is at the… Read more
“Is it possible to trade the same 2 or 3 stocks every week to make a consistent income trading options? “If you could pick just one market to trade for the rest of your career what would it be?” I was asked these two questions last week from a newer… Read more
Last updated on September 30th, 2020 One of the unique challenges of being in a decade long bull market is the expensive stock prices that we are seeing across the board. Nasdaq stocks like AMZN, TSLA, AAPL, GOOGL, FB, and NFLX are all active stocks that traders love to use… Read more
The Williams %R (percent R) momentum oscillator indicator is an oversold and overbought technical analysis tool. It is similar in use to the Fast Stochastic Oscillator and traders will often use it for a buy signal or a sell signal. The Williams %R indicators formula calculation includes: Highest price high… Read more
Last updated on January 17th, 2021 Bollinger Bands are a popular technical indicator that was introduced to the trading world by John Bollinger in 1983. The visual nature of the Bollinger Bands, as with all price channels like the Keltner channel, makes it easy for a trader to see if… Read more
The cup and handle chart pattern can be a continuation pattern or can mark the turn in trend from a downtrend to an up trending market. This would make it a reversal pattern. Why is this chart pattern called a “cup and handle”? Price forms a U shape pattern that… Read more
