Trading Tips & Tutorials For Online Traders

Last updated on April 20th, 2017

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

Feb02 Share

Should You Prepare For Your Return To Trading After Vacation?

As trading winds down for 2018,  many people have plans for the Christmas break and will keep their trading computers shut off until the new year. Taking a break from trading is healthy and can do a lot to refresh any trader that interacts with the markets on a daily… Read more

Feb01 Share

3 Things That Losing Day Trades Can Tell You – Are You Paying Attention?

Last updated on February 11th, 2020 You are going to lose in trading but the trouble is, many traders make the mistake of attempting to avoid losing trades at all cost. Negative trade outcomes are a big part the trading business and for day traders, the fear of loss can… Read more

Jan31 Share

Keep Trading As Simple As Possible

At what point has your trading become over-complicated? Some traders can have many variables in their trading plan and do fine. Others can get overwhelmed when there are too many things to consider for a trading setup.  I’m sure we’ve all felt that way at times. There is no simple… Read more

Jan27 Share

Options Sell Call Spread on Paypal for $60 per Spread- June 2018

In this week’s Options Trade Of The Week, we will use our Spotlight Power Trader system to identify a bearish trade opportunity on PayPal (Symbol: PYPL). With the market making a big move higher over the last few weeks,  we are left with many overbought markets. This is especially true… Read more

Jan25 Share

2 Success Principles For Improved Trading

Last updated on February 10th, 2020 We’ve seen many traders come and go through the two plus decades that Netpicks has been in the business of helping traders succeed. Whether they were great traders from the start or could not grasp this business, throughout that mix we’ve seen many who… Read more

Jan19 Share

Anti Pattern Trading Strategy

Some of the best chart patterns to trade, such as bull flags, are simple and that includes the “anti” pattern by Linda Raschke. The anti pattern takes into account both a pullback and a momentum move that setups up the pullback. As described in my article about trading pullbacks, we… Read more

Jan16 Share

Pro Guide To Trading Descending Triangles

Last updated on February 13th, 2020 The descending triangle chart pattern is another bearish chart pattern that has validity in your trading. Why? The descending triangle is one of the continuation patterns which highlights market action that is tipping its hand to more downside. Like the ascending triangle I wrote… Read more

Jan15 Share

Ascending Triangle Patterns Can Lead To Quick Profit

Last updated on February 10th, 2020 The ascending triangle pattern is one of my favorite chart patterns to look for in a bullish chart scenario. It is one of the classical charting patterns that has been around for decades, much like the head and shoulder chart pattern, and maybe it… Read more

Jan15 Share

Awesome Oscillator

The Awesome Oscillator is another technical indicator designed to measure market momentum on any time frame. The name “Awesome” may have had you thinking it did something really special when you add it to a trading strategy. No. But like any technical indicator, the Awesome Oscillator, when understood, could add… Read more

Jan13 Share

Stop Thinking About Money Gains (and losses)

When thinking and talking about their trading performance, a habit many traders tend to get into especially when they are just starting out, is using a $ value for p/l. It’s easy to see why – a new trader is likely to keep their eye fixed on the limited amount… Read more

Jan12 Share

Better Trading Opportunities With Market Context

Market context is a foreign concept to many traders. Often if I ask a trader that context of the market they are trading, the reply is usually a string of words that don’t answer the question. In fairness, it is a concept that can be difficult to fully grasp and… Read more

automated forex trading software
Jan11 Share

Best Automated Trading and Forex Charting Software

Last updated on February 11th, 2020 Forex trading software has evolved from simple broker charts and Forex trading robots all the way to Forex automation software that make it easy for anybody to enter the market and begin trading Markets of all types have benefited from technology advances and the number of advancements… Read more

Jan06 Share

3 EMA Crossover Trading

The three moving average crossover strategy is an approach to trading that uses 3 exponential moving averages of various lengths. All moving averages are lagging indicators however when used correctly, can help frame the market for a trader.  You can see how MA’s can give you information about market states… Read more

Jan04 Share

Trade Outcomes Don’t Tell The Whole Story

Being in the business of trader education and trading system development, Netpicks has seen a lot in over two decades when it comes to those looking to trade for a living. One obvious thing to us is that that learning how to make money and develop as a trader has… Read more

Jan03 Share

Bollinger Bands Trading Guide

Last updated on November 29th, 2019 Bollinger Bands are a popular trading indicator that was introduced to the trading world by John Bollinger in 1983. The visual nature of the Bollinger Bands makes it simple for a trader to see if price has extended far from the average security price. … Read more

Jan03 Share

Trading Order Types You Need

I was surprised when a recent comment asked :  what is a limit order in trading?  This was from someone who suggested they were ready to go live with their trading account. There are a few ways a trader can enter a position when their preferred trading setup show up. The… Read more

Dec30 Share

How Is the Parabolic SAR Indicator Used Effectively in Trading

Last updated on February 11th, 2020 The Parabolic Sar (stop and reverse indicator) by J. Welles Wilder, is a trading indicator used in markets with a strong trend to determine buy and sell signals for your chosen trading instrument. The “stop and reverse” feature indicates that the Parabolic Sar is… Read more

Dec30 Share

Is Your Trading Strategy Better Than Random?

Last updated on February 13th, 2020 Designing a trading strategy is tough work and that is if we include only technical factors as opposed to adding in fundamentals and seasonal cycles. There are many variables to keep in mind when undertaking the design of your own strategy: Which indicators will… Read more

Dec27 Share

All Time Best Trading Books To Learn From

Tony Robbins talks about “modeling” the best to help you become the best. Do you want to become a successful trader? Then you should think of reading some of the best trading books ever written about the financial markets. IMHO anyhow. There are so many great day trading books out… Read more

Dec25 Share

Trading Is About Probabilities – You Know That Right?

Trading is  a game of probabilities and any successful trader knows that at any time, the next trade can be a winner or it can be a loser. Trading with an edge, you want to allow the probabilities to play out and that can only happen over a large basket… Read more