Trading Tips & Tutorials For Online Traders

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

trading tweaks
Jun18 Share

Use Both Sides of Your Brain for Trading Success and Consistency

When you have been trading long enough, the dogma when it comes to trading education becomes obvious. In fact, there are too many courses, books, and trading forum professionals using words like “should”, “must”, as if they are talking about the only path to success. Having a belief that there… Read more

Jun15 Share

NetPicks Inner Circle Live Options Demo

We held a Live Options Demo on Friday 6/15/18 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

Jun14 Share

Today’s Best Daytrades with Spotlight Power Trader and SubZero

Succeeding at day trading in not an impossible task. In fact, there is no secret that the professionals know that is hidden away from the general public. Throughout the over two decades that Netpicks has been developing trading software and training traders from all over the world, we can narrow… Read more

Jun13 Share

Slow Markets Can Be Beat with Spotlight Power Trader

The markets have been slow lately but it reminds us of what kind of trading strategy Spotlight Power Trader is — a strategy that can quit with a positive result a majority of the time while keeping draw downs low and with minimal and efficient trading. I did a short… Read more

Jun13 Share

Crude Oil Inventory Report Today with 3 Trading Strategies

Crude Oil Futures is not only an active market to trade but is also one of the most popular instruments available to day traders. That makes trading Crude Oil and the crude oil inventory release, a wonderful opportunity for traders to make additional income or a stand alone income producing market…. Read more

Jun08 Share

Handling an Options Trade Gone Bad

Expecting 100% of your trades to go as planned sets you up for disappointment. Many Options traders know that so one question that I get asked a lot is, “what do you do when a trade goes bad?” Asking that question shows that these traders have their expectations in check… Read more

trading mistakes
Jun07 Share

Warning: Don’t Change Your Trade Plan

A trader decided to enter a position in a manner that was not consistent with his trading plan. What he said was that he entered a trade based on the fact that as the market was already close to the stop the system had already calculated, it was worth the… Read more

Jun04 Share

2 Ways To Use Average True Range (ATR) For Better Trading

The Average True Range indicator measures the volatility of a market and that information can help us do several things. We can decide: If a market is volatile enough to trade when compared to its recent past What price to enter on a breakout Where our stop loss should rest… Read more

Jun01 Share

Spotlight Power Trader vs SubZero

Spotlight Power Trader is one of our flagship trading strategies that has seen tremendous results over the years. When used as intended, it delivers consistent, ongoing trading profits and can help a trader achieve his or her financial goals. The purpose of the Spotlight Power Trader is to be able… Read more

May31 Share

Is Consistency In Trading Overrated?

With the laundry list of variables that people say are needed to succeed in trading, is being consistent often overrated? From having sound money management that respects the expectancy of your trading system to having a trading plan, there are many things to consider.  Getting consistent trading results in a… Read more

May29 Share

The New Spotlight SubZero Trading Setup

One thing Spotlight Power Trader has taught us is the ‘power’ of the well tested trade plan. Trade plans help us mitigate the random distribution of wins and losses by giving us a road map to follow where we always know the odds are on our side to quit trading… Read more

May26 Share

Selling Iron Condor Trade Of The Week – Options

For this week’s Options Trade Of The Week we will look to sell an Iron Condor on Target (Symbol: TGT). Target released their quarterly earnings this past week which can often times lead to a period of consolidation – sideways market. One way to make money from a choppy stretch… Read more

May24 Share

Reliable Trading Plan For Crude Oil

If trading is exciting, you are doing it wrong and I will say that our trading plan for the crude oil inventory report is not exciting, but it is reliable. How do we do it?  Simple. We follow the rules of the trading plan for the inventory report with our… Read more

May21 Share

True Costs Of Missing Trading Opportunities

When a trader misses a trading opportunity, they run the risk of skewing the expectancy of the trading strategy and can turn a true winning system into a losing one. As you may know, the traders at Netpicks take trading logs seriously – to the point that we actually give… Read more

May18 Share

Options Trades Of The Week – GLD and XLE

Our Options Trade of the Week usually has one focus but given the big moves in both gold and oil, this week we are going to take advantage of the moves they have made. Here is how it breaks down: GLD (Gold) A large move to the downside makes us consider… Read more

May16 Share

Try Simple Trading For Better Results

When I mention the words “simple trading”, I am not talking about randomly putting on a trade and hoping for the best. You need a trading (hopefully simple) strategy that has an edge and along with risk management under control, you let the edge play out over time. But simple… Read more

May14 Share

Taking A Detour To Trading Profits

Not every trading session goes like we plan and it’s up to every trader to not get frustrated by failed expectations. Being frustrated can take us down a rabbit hole where all types of issues can crop up: Revenge trading Trading too big of size Grasping at profits What is… Read more

May13 Share

Spotlight SubZero – True Trade of Opportunity

I’m very excited about the new Spotlight SubZero approach. Proven and tested trading plans with measurable results that are shown to put the odds in a trader’s favor are the keys to on going trading success. What most people fail to realize is that there is a random distribution of… Read more

May12 Share

AAPL Sell Call Spread – Trade Of The Week

Apple has moved higher 9 days in a row over the last 2 weeks and as a result, we are extremely overbought in the near term. While this doesn’t mean the stock has to move lower immediately, there is a good chance we see a period of consolidation over the… Read more

May10 Share

YM Live Trading – Spotlight Power Trader

Trading the YM – Dow E-Mini – live with the Spotlight Power Trader is one of the most straight forward, easy to follow, and effective trading strategies I know of. You can trade it directly from the chart with the entire trade completely planned from start to finish. Having a… Read more