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.

Dec25 Share

Why Trading Rules and Process Should Be Your Focus

Everybody wants to win and be right. The desire to win is so strong with many people that they will ignore conflicting information  so they “can’t” be wrong – meaning they win. In trading, a win equals an increase in your trading account and a string of losing trades can… Read more

Dec20 Share

Options Trade Of The Week – COST

Last updated on November 4th, 2019 With the latest rally extending up almost to new all time highs, we are left with a market that is pricing in perfection. The latest move higher over the last few weeks has left many stocks that we look at in overbought territory. As… Read more

Dec13 Share

Trading Is Easier When You Find Your Rhythm

You need for find your form in your trading business and it is not always an easy thing to do.  Having a rhythm to your approach, feeling like you are in “the flow”, can be one of the most useful things for a trader to learn how to do. It’s… Read more

Dec07 Share

2 Areas That Can Destroy Your Trading Dreams

At Netpicks, every trading strategy we develop and the training that goes with it ensures that three important variables for trading success are covered. Psychology Trading method Risk management You need all three in line to reach any long term trading success and without one, your dreams will fall apart… Read more

Dec05 Share

4 Steps for Creating a Winning Strategy for Futures Day Traders

Day trading futures attracts many types of people that share one thing in common:  they want to be successful at day trading. When the drive to succeed is strong and armed with a winning trading strategy, why do so many fail? What is the difference between the traders that succeed… Read more

Dec05 Share

Stochastic Momentum Index Guide

The stochastic momentum index (SMI) is like the stochastic oscillator on steroids and was brought to the trading world by William Blau. Instead of reading the closing price of the asset as the standard stochastic indicator, the SMI will calculate the closing price in relation to the average of the… Read more

Nov25 Share

5 Simple Ways to Cripple Your Trading Career – Change Them Today

Trading for a living has such an appeal that many people “give it a shot” to see if they can mimic the lives of those posted on social media. That is a terrible goal. The lives you see on social media with the money flowing like champagne, are fake.  The… Read more

Nov19 Share

5 Crucial Aspects Of A Winning Trading Plan

Winning trading plans are the secret to successful trading and our trading of the Crude Oil Inventory Report Live Session proves that to be true. Again, our day trading plan and strategy posted another efficient winner. What was interesting about this session was how lucky we were that our full… Read more

Nov14 Share

YM and FX Daytrades from this Past Week with SPT

I just finished a walk through video of this past week’s crude oil trades and I wanted to do another one with two very popular markets. The YM (Dow E-Mini) is a great instrument for traders of every level of trading experience and we hit new equity highs with our trading… Read more

Nov10 Share

Low Risk Options Strategies for Summer Markets

Last updated on November 4th, 2019 One of the most challenging times of year to trade is in the summer when markets slow down. With vacation season in full swing we often times see low volume market movement during July and August. While this can be a frustrating time of… Read more

Nov10 Share

Top Trailing Stop Loss Techniques For Maximum Profits

Why is a trailing stop loss an important strategy to use when trading? Are trailing stops a good idea? Nobody can predict with 100% accuracy where a trend will end. The amount of money that is left on the table by those happy to settle for mediocre gains, is no… Read more

Nov08 Share

When Can You Call Yourself A Trader?

Statistics say that over 95% of traders fail. We read that all the time and it really shows up in marketing material for the latest and greatest trading system. That number is enough to make anybody doubt their ability to find trading success.  After all, many people compare themselves and… Read more

Nov01 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

Oct31 Share

Common Sense Trading Success Keys You Should Know

Fundamentally, trading really is a simple game, but it requires a great deal of thought, effort and persistence to succeed. In poker, the saying from Poker Hall of Fame member Mike Sexton goes that it “takes five minutes to learn and a lifetime to master”. Trading is similar in many… Read more

simple heikin ashi trading
Oct26 Share

Heiken Ashi – How Can You Use Them

Heikin Ashi charts may not be as popular as bar charts and traditional candlesticks but for traders who use them, they don’t care how popular they are. Charts generally calculate the high, low, open, and close which makes the main difference between (HA) Heikin Ashi and other charting types, being the… Read more

Oct26 Share

How To Trade The RSI2 Even If You’re A Newbie

The RSI (relative strength index) is a popular trading indicator by J. Welles Wilder. The RSI2 trading indicator is a change from the standard 14 period RSI to a 2 period that was brought to us by Larry Connors. The other difference is the change in oversold and overbought levels:… Read more

Oct25 Share

6 Steps To Turn Your Losing Trading Results Around

What can we learn from a baby when it comes to trading? Sounds stupid but a baby, brand new to this world, has no concept of fear. They’re not concerned by: The possibility of losing out Looking foolish Competition with their peers. They see adults and older children doing things… Read more

Jun13 Share

Crude Oil Inventory Report for Today: Updated Every Wednesday

Last updated on February 11th, 2020 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… Read more

Jun08 Share

Handling an Options Trade Gone Bad

Last updated on November 4th, 2019 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… Read more

trading mistakes
Jun07 Share

Warning: Don’t Change Your Trade Plan

Last updated on August 20th, 2018 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… Read more