Trading Tips & Tutorials For Online Traders

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

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

Mar11 Share

Trade Update: USO Call Option Position

Here’s the update to our USO Call Option Position.  There is a possible Stop and Reverse which you can see on the right edge of the below chart.  (Bookmark and check back to this post for subsequent updates for this trade.  I will be dating and posting the updates below.)… Read more

Mar11 Share

Spotlight Trade of the Week for the Week of March 9th

This weeks (March 9) Spotlight Trade of the Week is another Options trading opportunity and features a long play in AT&T. It’s actually a brand new trade plan for the Spotlight Power Trader that was just published to the Owner’s Club private website where members get full access to the details (contact… Read more

trading crude oil futures
Mar09 Share

Fast & Efficient Winning Crude Oil Tradeplan Does it Again

I want to show you another episode of our weekly crude oil futures inventory report trade that we do in our live trading room. (You can have a free 2 week trial by clicking here). This is not to brag or show you how great our trading system is.  There… Read more

Mar09 Share

Netflix – Our New Options Trade Of The Week

In this week’s NetPicks Options Trade of the Week we will go back to Netflix (Symbol: NFLX). NFLX has been on an impressive run to the upside so far this year. Even with the overall market selling off back in February, NFLX has stayed strong up near it’s all time… Read more

day trading strategies
Mar07 Share

Why Chasing Trades Is A Horrible Decision

Sticking to a trading plan can be tough during normal market conditions but when volatility hits the markets, it can be harder. It is easy to get sucked into taking a trade outside of your trading plan when the market makes large and quick moves in price – especially when… Read more

Mar05 Share

These Companies are Leading the Bitcoin Investments Revolution

As investors and speculators, we’re all searching for the next “big thing” or the next “grand slam winner.” Unfortunately, these opportunities rarely occur.  Even when they do occur, it’s very difficult to capture the profits. For example, let’s take a quick look at Amazon. Any investor over the age of… Read more

Mar05 Share

Oil ETF Trade of the Week

Crude Oil has long been one of our favorite markets to trade.  For day trading, we prefer Crude Oil Futures –  CL.  On most weeks, we post excerpts from our live trade room showcasing our weekly crude oil inventory report trading. It tends to win most of the time. Crude… Read more

Mar04 Share

Options Trade Of The Week – Halliburton

With this weeks NetPicks Options Trade Of the Week we will take a look at the energy sector. Energy has been one area of the market that has been very active for months now. We have seen really decent movement in both directions and as a result, there are many… Read more