Trading Tips & Tutorials For Online Traders

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

Candlestick patters chart
Feb23 Share

What Are You Using For Profit Taking Targets?

Trade setups and entry seem to be the most sought after trading information and for good reason:  without a trading setup, you’d be trading blind and without an entry, there’s no position. The issue is that while traders know how to enter a trade, finding a profit target and a break-even point… Read more

Feb22 Share

NetPicks Weekly Options Trading Update 2/17

We wrapped up another great week of options trading week on Friday. We had a nice week trading names like: DIA IBB NFLX GLD TSLA SQ AMZN The great part about trading options is our ability to control our risk. We can trade a variety of different stocks and ETF’s… Read more

Feb19 Share

Forex Trade Of The Week – USDCAD

Our Spotlight Power Trader trading system has shown us that there is a trading opportunity to the long side of the USDCAD Forex pair.  (bookmark and check back often for updates as this trade develops.  Updates will be dated and added to the bottom of this post). Our Inner Circle… Read more

Feb18 Share

Will Bitcoin Completely Recover from its Recent Brutal Decline?

The recent price collapse in bitcoin (BTC) has caused many traders and investors to question the digital currency’s long-term sustainability. Will bitcoin recover from its brutal decline? What is the future direction of the digital currency universe? In order to answer these questions, let’s examine bitcoin from a technical analysis… Read more

Feb14 Share

NetPicks Options Trade Of The Week – NFLX

2018 has been an extremely active year for stocks and we are only a few months into the year. We have seen impressive moves in both directions to start the year and during this time of increased volatility, we have seen some big name stocks lead the charge. Today we… Read more

Feb12 Share

Trade Planning Plus Execution Is Critical For Consistency

Trading strategies are the first thing many new traders explore when deciding to enter the trading world. While there are a few other variables that should be considered, finding a way to trade is at the the head of the line for most. Once the strategy has been found, the… Read more

Feb07 Share

8 Reasons Why Your Trading Business Will Fail

Trading is a business and that is something that all successful traders believe. I know it can be hard to imagine that you are actually a company when you sit in the comforts of your home and push some buttons. If you don’t believe it is, then it is something… Read more

Feb03 Share

Blockchain Technology – Disruptive Innovation Is On It’s Way

During the past few years, the latest “buzzword” within the entrepreneurial community has been “disruption.” What exactly is disruption and how does it apply to bitcoin? In its simplest form, disruptive innovation is a term used to describe an upheaval that creates a new market and value network. The new… Read more

Jan29 Share

Plan Ahead For Fast Moving Markets

Fortunes can be made and lost on any given day and in any given time frame.  No market is immune to rapid movements in price and that includes Bitcoin and cryptocurrency trading. Unexpected news, surprising comments from key people or way out of line economic data can all catch the markets off… Read more

Jan23 Share

4 Steps To Prepare For Trading Like a Pro Trader

Day trading can be a stressful way to make money, keep any profit you make and traders should have a “trading preparation” checklist as they come into their trading day. Like so many other things in life, the level of attention paid to trading preparation is frequently not what it… Read more

Jan19 Share

5 Biggest Misconceptions About Bitcoin

Bitcoin mania is alive and well to the point that “How to buy bitcoin” was one of Google’s most popular searches in 2017. One of the driving forces behind bitcoin’s popularity is the fact that it is a global phenomenon.  It is not confined to a few countries but instead,… Read more

Jan15 Share

5 Stocks To Profit With During The Cryptocurrency Craze

With all of the excitement on Bitcoin these days it’s important as traders to look into how we can profit from the movement.  We have not seen something this volatile and potentially lucrative in the long and short term as we have with cryptocurrencies. Is Bitcoin going to $1,000,000? Is… Read more

Jan11 Share

Warning: Breakouts Fail. Here’s What To Watch For

Simple works in trading and by that I mean pullbacks and breakouts from consolidations because that is how the market operates. Markets move from a trending environment to a consolidated environment repeatedly which makes taking advantage of simple price patterns a smart play. In an earlier post about pattern failures,… Read more

Jan07 Share

Cryptocurrency Terminology Decrypted

The public awareness of Bitcoin and alt currencies is increasing which is the first stage of public acceptance.  A simplified version of how growth occurs: Small % of the mainstream has awareness of X and growth is slow As news continues to cover X, more of the mainstream becomes aware and growth matures Once… Read more

Jan03 Share

Bitcoin Growth in 2018? Technical Chart Analysis of Bitcoin | Netpicks

During the past few months, there has been an endless stream of articles, reports, dissertations and blog posts discussing the many benefits of bitcoin and the cryptocurrency market in general.  The majority of these articles focused on bitcoin’s future role in: payment processing banking smart contracts distributed storage and other… Read more

Dec29 Share

Pattern Failures Must Be Understood

There are a handful of trading patterns that have a statistical edge in the market.  One of the most popular among traders is the simple bull or bear flag otherwise known as a pullback. The pullback pattern actually capitalizes on the basic principle of how a market trends:  strength with impulse moves in… Read more

Dec20 Share

Major Issues For Bitcoins Continued Success

Since its inception in 2009, Bitcoin has overcome many obstacles and challenges. Without question, the digital currency is in much better shape regarding social acceptance versus eight years ago. It appears bitcoin is on its way to becoming used as a medium of exchange on a global basis. However, there… Read more

Dec18 Share

Take Trading Entries At The Right Location

In a 2 part series about an objective way to draw trend lines, there was something important that is a must for any trader. While trend lines can give you a great view of the current market structure, some people may be thinking they are also an entry into a… Read more

Dec11 Share

Is Making Money Your Trading Goal? Rethink That

We want to make money in trading.  Sounds like an obvious statement and it is but having that as your first goal is not something you want to do. Trading goals are vital just as setting goals in anything can help you attain them with a proper plan but you… Read more

Dec06 Share

Bitcoin Mania – Fairy Dust or World’s Global Currency?

During the past several weeks, it’s been almost impossible to avoid hearing or reading a story about bitcoin, particularly within the financial community.  It seems that “bitcoin mania” is sweeping the globe.  Given the fact that bitcoin is still in its infancy stage, there remains a number of unanswered questions… Read more