NetPicks Makes Forex Profitable

Since the early days of online trading newcomers to forex trading have been in hot pursuit of elusive profits. Thousands have entered the market filled with optimism only to leave with crushed spirits. Their dreams of making millions of dollars overnight – dashed.

Many traders are willing to toss money at the market hoping to get lucky. However, the forex market is not a casino. If it were, the big banks would not be able to make billions of Dollars every year from their trading rooms. There is a method to the madness. In fact, it is not madness at all. It is both an art and a science. Check

That is the reason why expert forex trader Mr. Mark Soberman established NetPicks back in 1996. The company’s mission is to train retail forex traders to trade just like the professionals on Wall Street. Mark Soberman believes that if taught correctly every trader can achieve success.

Based in Irving, Texas, Netpicks has a team of coaches who work with clients to master a collection of video lessons. Traders can expect to get through the entire program in weeks not months. It introduces all aspects of trading from the most straightforward concepts to the most involved elements of trading the forex market. Like an onion, the mysteries of the forex market are slowly peeled back by the course.

By the end of the program, NetPicks’ trainees acquire a command of the parlance of professional forex traders. Even more critical, traders begin to understand the difference between good trades and lousy trade (  By the way, not all lousy trades lose money, and not all good trades make money. Trading is a mindset. To be successful, you need to be able to establish your edge and to execute on that advantage as often as possible regardless of the outcome. A winning system will win over time (

The cornerstones of the NetPicks program are patience, risk management, and technical analysis. Fundamental analysis features to a lesser degree. The understanding that “news becomes price” is an axiom of the program. The NetPicks video-based training program ultimately produces confidence and a winning mindset, attributes which all profitable traders possess.

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Netpicks Shows You How to Exploit Choppy Markets for Juicy Returns

Wall Street has been on a bullish run driven by the technology sector. This is quickly easing off giving way to uncertainty and a general lack of direction. The summer season is usually a low-volume phase. The high volatility will only add to an already sticky situation. A proactive strategy will empower you to take advantage of the market fluctuations and ensure a high performance from your portfolios.

One such successful strategy is called the “Lock and Walk” approach. With a little discipline, you are guaranteed to come out winning even in choppy markets. The plan involves keeping a close eye on support parameters and resistance levels of the target stock market index such as the NASDAQ-100. A movement of a few of percentage points may be all the luck you need.

Two exchange-traded funds are key here. The ProShares UltraShort QQQ QID exchange traded fund and the ProShares Ultra QQQ QLD. Establish the desired position and lock down the support parameters on the two indices. Sell the QLD when the support breaks. In like manner, sell the QID when the resistance breaks. You are radically taking advantage of price points by riding demand, breaking supply and minimizing risk.

Understanding the relevant index funds and monitoring their positions is essential. The premise is relatively simple. The execution and timing are where you need to pay attention. The trade is executed within a day enabling you to make juicy returns in a highly volatile market. Useful info on

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The professionals best handle trading at this level. Netpicks is an online trading strategy company with a focus on forex. The business was founded in 1996 and is based in Texas. Mark Soberman founded Netpicks. He is also serving as the current President. The company consists of real traders taking advantage of day trading and the advent of online trading. Check this link for added reading

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Netpicks provides education on forex and futures trading. It offers futures trade signals, mentoring by live traders, automated trading systems, and trader training packages. It offers a subscription-based service that allows traders to learn about and successfully trade in global currencies. The learning systems are quick and intuitive. Netpicks prides itself in having highly competent and professional instructors and experienced trading coaches. Additional tips available here

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