Futures Trading Levels and Tips for January 10, 2011

Trading is SO MUCH MENTAL once you have a concept you believe in, have confidence in. After that there is a lot of psychological work….

Some examples:

  1. Ability to take losses and know not every trade will be a winner and not every day will be a winning day

  2. Ability to stay patient and NOT feel that if you are NOT trading, you are NOT doing your job….

  3. The confidence to stay in winning trades and the discipline to get out of losing trades

  4. Allowing trades some time to work

  5. Not getting down on yourself for “could have should have etc”

  6. Being a hard worker and keeping a journal after certain trading days. Being  a hard worker in putting time and effort learning new approaches, set ups before deciding if its worthy or not. I WILL SAVE THIS LITTLE LIST AND ADD TO IT AS DAYS PROGRESS. Continue reading “Futures Trading Levels and Tips for January 10, 2011”

Futures Trading Levels and Economic Reports for January 7, 2010

Daily chart of the SP cash index below….I got a potential sell set up if CASH goes below  1270.

We have monthly unemployment tomorrow before the CASH market opens, so it will be interesting to see how the market reacts.

Either way, make sure you have a trading plan and that you are comfortable with the risk – reward associated with your trading plan so you can have the confidence to execute it.

SP-500-Day-Trading-2011-01-07 Continue reading “Futures Trading Levels and Economic Reports for January 7, 2010”

Futures Trading Levels and Economic Reports for January 6th 2011

Market feels bit heavy right now but then again it felt heavy more than a few times over past few weeks only to find some more legs and go higher….so either way you plan on trading this market, make it exactly that….have a plan and then trade your plan.

I wish all of you a great 2011 in trading and all aspects of life! Continue reading “Futures Trading Levels and Economic Reports for January 6th 2011”

Live Day-Trading Webinar with Real Time Mini SP, Crude Oil and Euro Currency Set-Ups, January 4, 2011

Join us for a Webinar on January 5th

Click Here to Register for the January 5, 2011 Webinar by Ilan Levy-Mayer

Space is limited.

Reserve your Webinar seat now at:
https://www2.gotomeeting.com/register/834358098

This Wednesday, January 5th , Ilan Levy-Mayer, Vice President of Cannon Trading and President / AP of LEVEX Capital Management Inc., a registered commodity trading advisor, will hold a live educational day trading webinar starting at 8:15 AM central time.

During the webinar, Ilan will:

  • Share his approach to day trading futures and
  • Explain his day trading strategies that can be applied to futures markets such as the E Mini S&P 500, crude oil futures, euro currency, and others.
  • Review some of his technical indicators
  • Detail his day trading money management philosophy
  • Walks through live trade set ups as they happen real-time

Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.

Title:        Live Day-Trading webinar with real time mini SP, Crude Oil and Euro Currency set ups
Date:        Wednesday, January 5, 2011
Time:        6:15 AM – 10:00 AM PST

After registering you will receive a confirmation email containing information about joining the Webinar.

System Requirements
PC-based attendees
Required: Windows® 7, Vista, XP or 2003 Server Continue reading “Live Day-Trading Webinar with Real Time Mini SP, Crude Oil and Euro Currency Set-Ups, January 4, 2011”