Trading Tips & Tutorials For Online Traders

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

May02 Share

NetPicks Inner Circle Live Options Demo

We held a Live Options Demo on Friday 4/27/18 to show how we approach the Options market at NetPicks. In the video below you will find a walk through of our options trades from last week and we also take a look at some new trades setting up for next… Read more

cut losing trades
Apr30 Share

Run The Winners And Cut The Losers Like Smart Traders

Letting your winning trades run and cut your trading losses is a trading rule that we’ve all heard. The idea is to let the trades that are in profit continue to run in order to make as much as the market is willing to give. With cutting your losses, you… Read more

Apr28 Share

CMG – Sell Call Spread Options Trade Of The Week

In this week’s Options Trade Of The Week we are going to take a look at Chipotle (Symbol: CMG). CMG released earnings here this week and the stock was up 25% intra-day. This was an $84 move higher which is a huge one day move. Knowing that this type of… Read more

Apr23 Share

5 Ways To Increase Your Odds Of Trading Success

Succeeding at trading is reserved for a small percentage of people. Successful traders are a different breed of person who’ve managed to battle the psychological pitfalls but have also found a trading edge that they are consistent at trading. It’s an older statistic but when Forex brokers were surveyed, it… Read more

Apr21 Share

Spotlight Power Trader – Racks Up The Wins

The Spotlight Power Trade was just launched for the first time yesterday to the general public and in fact, the launch is still in full swing. If you’ve been following this blog and Youtube channel for any length of time, you have seen how powerful Spotlight Power Trader is and… Read more

Apr20 Share

XLE – Options Trade Of The Week

In this week’s Options Trade Of The Week we are going to take a different approach from what we have done the last few months. We are going to take a close look at the XLE Iron Condor that we sold a few weeks ago in a previous trade of… Read more

day trading strategies
Apr18 Share

10 Numbers Every Trader Should Know

Learning to trade is a lot more than finding a trading system and start following the buy and sell signals. I’m sure that many of us started with the belief that it would be that simple but were quickly brought back to reality. A trading system is a lot more… Read more

Apr15 Share

Spotlight Power Trader With Think or Swim

Our Inner Circle of traders at Netpicks are important to us.  After many requests, we set our programmer onto the task of taking one of our most successful trading systems in our history, Spotlight Power Trader, and making it Think or Swim platform compatible. We want our strategy to work… Read more

Apr14 Share

IWM – Options Trade Of The Week

We continue to see a very volatile market right now with many big moves back and forth and as a result, the prices of the options are more expensive. To take advantage of the expensive options, we will look to sell a call spread on IWM which is the Russell 200… Read more

Apr13 Share

Lack Of Confidence Will Kill Your Trading Dreams

The success rate in terms of successful traders, by all accounts, is pretty poor.  This has the potential to rip the confidence of anybody thinking of making trading an income producing activity. Trading is a performance sport and just like any performance endeavor, without confidence with what you are doing, you… Read more

Apr12 Share

Trading Crude Oil Offsets Higher Gas Prices

A rise in gas prices affects virtually everything we do in our daily lives.  From commuting to public transit all the way to the food we eat, rising gas prices can cause an increase in other prices. One way we like to offset the rise in gas price is through… Read more

Apr11 Share

Are You A Trading Poseur Or The Real Deal?

Markets have gone through some tough times the last several month which can have traders of all levels questioning their trading motivation and results. It’s never a bad thing to take a personal inventory of your trading, your trading mindset, your results, and set goals that keep you on the… Read more

Apr09 Share

Selling USDCAD – Spotlight Trade of the Week

Our new Spotlight Trade of the Week (TOTW) is a short on the USDCAD.  It’s the same trading plan that just stopped out for a +208 pip gain. This weeks trading setup for a short trade. Forex is going through some market conditions that we are fortunate to stay out… Read more

Apr07 Share

Wash Rinse Repeat Crude Oil Trading

You may be wondering why I continue to  post these consistently profitable Crude Oil Inventory Report trades with Counter Punch Trader virtually every week. It’s not to brag – most successful traders are modest when talking about their trading results. I show these trades to you so you are able to… Read more

Apr06 Share

Iron Condor Options Trade – XLE

In this week’s NetPicks Options Trade Of The Week,  we will take a look at an Iron Condor on XLE which is the energy ETF that we trade. Looking at the chart below, we can see that XLE has been stuck in a sideways range for the last number of… Read more

Apr03 Share

NetPicks Inner Circle Live Options Demo 3/30/18

We held a Live Options Demo on Friday 3/30 to show how we approach the markets at NetPicks. In the video below you will find a walk through of our options trades from last week. We also take a look at some new trades setting up for next week. These… Read more

Apr03 Share

Are You Afraid Of A Stop Loss In Trading?

One of the golden rules in trading is to protect your trading capital.  Without capital, you don’t have a business and while stores may get a line of credit, traders are not high on the loan officers list. Using a stop loss in trading is a smart move to protect you when… Read more

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