Why do most future traders lose money and how you can improve your odds, recorded 45 minute webinar as well as review of crude oil futures selling off more than $10 in last two weeks.
In This Issue
1. Why do most futures traders lose money and what you can do to improve your odds?
2. Hot Market Report: $10 Move Down on Crude Oil Futures last 2 weeks!
3. Economic Calendar
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Watch the 45-minute recorded webinar where Ilan shared some of his observations of why a large percentage of traders lose money trading futures.
*Reasons why most traders lose
*Looking at tools you can utilize and improve your odds
*Review different methods/concepts of trading
*Ilan shares many tidbits that can help variety of traders
*Ilan answers questions
Click on image below to enlarge
This week’s highlighted Market is Crude Oil. Crude Oil is part of the energy sector along with "it's" brothers "RBOB - Unleaded gas" and heating oil and cousin, natural gas. All traded on the NYMEX/GLOBEX exchange.
On a different note, Crude Oil futures are fastly becoming one of the more popular contracts for day-trading as volatility, speed, price fluctuations are all there for the double edge sword, day-traders love.
Keep in mind that the GLOBEX/NYMEX also offers the mini Crude oil contract which is half the size and may be a good alternative for smaller/ begginer traders.Source: Moore Research Center, Inc.
Date | Reports | Expiration & Notice Dates |
---|---|---|
01/24 Fri |
7:30 AM CST - USDA Weekly Export Sales
2:00 PM CST - Cattle On Feed |
LT: Feb 2,5,10 Year Notes Options(CBT)
Feb Bonds Options(CBT) Feb Canola Options(CBT) Feb Wheat Options(CBT) Feb Corn Options(CBT) Feb Oats Options(CBT) Feb Rough Rice Options(CBT) Feb Soybeans,Soymeal,Soyoil Options(CBT) |
01/27 Mon |
9:00 AM CST - New Home Sales(Dec)
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01/28 Tue |
7:30 AM CST - Durable Goods-Ex Transportation(Dec)
7:30 AM CST - Durable Orders(Dec) 8:00 AM CST - S&P Case-Shiller Home Price Index(Nov) 9:00 AM CST - Consumer Confidence(Jan) 3:30 PM CST - API Energy Stocks |
LT: Feb Copper Options(CMX)
Feb Gold & Silver Options(CMX) Feb Natural Gas Options(NYM) Feb RBOB & ULSD Options(NYM) |
01/29 Wed |
6:00 AM CST - MBA Mortgage Index
9:00 AM CST - Pending Home Sales(Dec) 9:30 AM CST - EIA Petroleum Status Report 1:00 PM CST - FOMC Rate Decision(Jan) 2:00 PM CST - Dairy Products Sales |
LT: Jan Copper(CMX)
Jan Gold & Silver(CMX) Jan Platinum & Palladium(NYM) Feb Natural Gas(NYM) |
01/30 Thu |
7:30 AM CST - USDA Weekly Export Sales
7:30 AM CST - Initial Claims-Weekly 7:30 AM CST - GDP-Adv(Q4) 7:30 AM CST - GDP Chain Deflator & Adv(Q4) 9:30 AM CST - EIA Natural Gas Report 3:30 PM CST - Money Supply |
FN: Feb Natural Gas(NYM)
LT: Jan Feeder Cattle(CME) Jan Feeder Cattle Options(CME) |
01/31 Fri |
7:30 AM CST - Employment Cost Index(Q4)
7:30 AM CST - PCE Prices & Core(Dec) 7:30 AM CST - Personal Income & Spending(Dec) 8:45 AM CST - Chicago PMI(Jan) 9:00 AM CST - Univ of Mich Consumer Sent-Final(Jan) 2:00 PM CST - Cattle 2:00 PM CST - Sheep & Goats |
FN: Feb Copper(CMX)
Feb Gold & Silver(CMX) Feb Platinum & Palladium(NYM) LT: Jan Bitcon(CME) Jan Black Sea Wheat(CME) Jan Fed Funds(CME) Feb RBOB & ULSD(NYM) Jan Black Sea Wheat Options(CME) Jan Fed Funds Options(CME) Feb Lumber Options(CME) |
02/03 Mon |
9:00 AM CST - Construction Spending(Dec)
9:00 AM CST - ISM Manufacturing Idex(Jan) 1:00 PM CST - Auto & Truck Sales(Jan) 2:00 PM CST - Cotton System 2:00 PM CST - Fats & Oils 2:00 PM CST - Grain Crushings |
|
02/04 Tue |
9:00 AM CST - Factory Orders(Dec)
3:30 PM CST - API Energy Stocks |
FN: Feb RBOB & ULSD(NYM)
LT: Jan Butter(CME) Jan Milk(CME) Jan Butter Options(CME) Jan Milk Options(CME) |
02/05 Wed |
6:00 AM CST - MBA Mortgage Index
7:15 AM CST - ADP Employment Change(Jan) 7:30 AM CST - Adv Intl Trade In Goods(Dec) 7:30 AM CST - Adv Retail Inventories(Dec) 7:30 AM CST - Adv Wholesale Inventories(Dec) 7:30 AM CST - Trade Balance(Dec) 9:30 AM CST - EIA Petroleum Status Report 2:00 PM CST - Dairy Products Sales |
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02/06 Thu |
7:30 AM CST - USDA Weekly Exports Sales
7:30 AM CST - Initial Claims-Weekly 7:30 AM CST - Productivity-Prel(Q4) 9:30 AM CST - EIA Natural Gas Report 3:30 PM CST - Money Supply |
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FN=First Notice, OE=Option Expiration, LT=Last Trade |
* Please note that the information contained in this letter is intended for clients, prospective clients, and audiences who have a basic understanding, familiarity, and interest in the futures markets.
** The material contained in this letter is of opinion only and does not guarantee any profits. These are risky markets and only risk capital should be used. Past performances are not necessarily indicative of future results.
*** This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc. Any statement of facts herein contained are derived from sources believed to be reliable, but are not guaranteed as to accuracy, nor they purport to be complete. No responsibility is assumed with respect to any such statement or with respect to any expression of opinion herein contained. Readers are urged to exercise their own judgment in trading!