Netpicks Company limited is a private company that was started some years back after online trading began. Its main purpose is to provide fast, accurate and meaningful analysis to the online traders who include forex traders, futures, and options among others. It provides trading tips to its subscribers to make sure that they enjoy the benefits of online trading (hitechchronicle.com)
The traders who subscribe to the Netpicks services, they are provided with automated web or mobile based indicators that alert them in case of a new trend in the market. They are also updated when the trend disappears. Netpicks have been providing their services to the traders for a long period and they have helped to increase the number of online traders over the years.
They create confidence in online trading by giving the traded the trading tips that enable them to make the right decisions when it comes to making their investments. One of the tips they offer especially to Forex traders is timely information on the value of the currency at different times. So they can know when is the right time to trade their currencies online to make the maximum profits from their investments (netpicks.com).
Another tip that Netpicks offer to the online traders more so the futures is the value of different stocks in the market. They are therefore able to make decisions on when to trade. This applies to speculation in business. A seller speculates whether the price of their product is of high value and that’s when they decide to sell to make more profits. Buyers will speculate when the prices of the products are low, and that’s when they will buy them at low prices. Netpicks, therefore, provides this information to its clients from time to time.
They also give information about the current market trends such as the demand and supply of the products in the market due to the changes in the consumer tastes and preferences, new trends in the market due to technological advancement among others. This has helped in increasing the economic growth and development of different countries due to the increase in the per capita income of many online traders which in turn increases the GDP of the country leading to the improvement of the living standard of the people in the country.