Investment is a game of money of securing future money by taking a risk today. Trading therefore comes with a list of rules to play by. Commodity trading in particular offers tremendous potential for becoming a completely different asset class.
However, before investing in any kind of commodity, you must do an in depth research and also ask your broker as many questions as possible. Through this category archive we provide you as much information and valuable insights into the world of commodity trading.
We at Cannon Trading are here to help you with your commodity trading needs. You as a trader should select your commodity trading advisor only after performing a due diligence on him/her. We in fact do that for you. This way, you get only the best advice to help you with your commodity trading.
We’ve got the information that you might need at every step of commodity trading, and you’ll find it all right here in the commodity trading section of our blog. Read up, and read on to get equipped!
When it comes to investing in commodities/futures there are several different ways to do so. I’ve been a futures broker at Cannon Trading Company for about 4 years and I wanted to touch base on a few different ways I have seen clients trade and invest in futures and commodities over the years.
I have seen many investors (small and large) participate in trading ETFs or ETF funds. With ETFs you do not own the actual commodity but you are looking to track the performance on either a single commodity or commodity index containing many different commodities through either its physical storage or derivatives positions in the market.
I do not accommodate trading ETFs or ETF funds with my actual clients. I am a registered futures broker and here at Cannon Trading Company we do not accommodate ETF trading for our clients. Please keep in mind the differences when trading ETFs versus commodities and futures. With ETFs you may experience management fees where as if you have a self directed futures and commodities trading account you will not experience those types of fees. Also when trading futures, unless you have a limited power of attorney on your account where you authorize another individual to trade your account, there is not a third party making your trading decisions and trading your account on your behalf. Here, at Cannon Trading Company many futures/commodities trader have self directed accounts where he or she makes their own decisions when it comes to trading.
For 2013 I would like to wish all of you discipline and patience in your trading!
Get Real Time Trade Alerts Service via text and email
Would you like to receive a 30 day free trial to a new trade alert service?
Get new buy/ sell ideas along with suggested stops and profit targets in real time.
This trade alert service was developed and published by LEVEX Capital Management Inc. ( “LEVEX”) a registered CTA with the CFTC and member of the NFA.
“LEVEX” will transmit alerts via text and/or email with potential buy and sell recommendations for different commodities along with suggested stops and profit targets. The alerts are based on technical analysis and using a computerized model developed by “LEVEX”.
Each day the program runs a market scan to look for markets that fit certain technical criteria / trade algorithm developed by LEVEX Capital management Inc. Once a market has been identified as a possible high probability set up, you will receive a trade alert with the trade idea.
Markets covered:
Stock Indices
Energies
Metals
Grains
Softs
Currencies
Interest rates
Pricing:
After your complete FREE 30 day trial the cost is as follows:
Cannon Trading clients – $149 per month
Retail traders without a Cannon Trading account – $299 per month
Money Managers, Hedge Funds and Brokers – $999 per month
For 2013 I would like to wish all of you discipline and patience in your trading!
I had 3376 as potential target for the mini NASDAQ for the last week or so. To be honest, I DID NOT think it would make it there but it did…question is now what?
If you are a counter trend trader, you can go short against this level risking a few points above it. If you are more on the conservative side, you probably want to wait for a trigger that the market is running out of steam before trying the short side….That trigger may be a cross over of stochastic on the hourly chart, perhaps a break below today’s lows….really depends on the style of trade you feel comfortable with and the time frame you are trading. The chart below is more for what I call swing trading rather than day trading.
There are many different ways to lose money trading futures and very few to make $$$. Some methods will work on some markets, some of the time. I have not found a way that works on all markets all the time….
Space is limited. Join us for a Webinar on October 9
Reserve your Webinar seat now at:
https://www2.gotomeeting.com/register/198800538
Join us for a 90-minute LIVE trading and screen sharing, Wednesday, Oct. 9th at 9:15 A.M., Central Time.
During this presentation, Ilan Levy-Mayer, VP of Cannon Trading and Principal of LEVEX Capital Management will share with you details of his approach to day-trading futures, he calls “Nazlan Day-Trading Model & Rules.” and will focus on Gold futures.
In this webinar, Ilan will:
Explain his entry signals
Review trading size
Explain multi time frame correlation
Review the charts he likes to use for different markets
Review his proprietary ALGO’s and trade indicators
Present exit techniques
And much more…Ilan has over 15 years of experience and has observed many traders as well as assisted many clients with different approaches to trading. He will be answering your questions and sharing as much of his philosophy as time allows. If markets are willing and trade set-ups occur, Ilan will take these set-ups using a real time simulation account and will review these trades.As a thank you, attendees will receive a 3-week free trial to the day-trading indicators and Algorithms along with a 23-page PDF booklet with chart examples and explanations.
Space is limited!
Reserve your space today at: https://www2.gotomeeting.com/register/198800538
Risk: 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.
For 2013 I would like to wish all of you discipline and patience in your trading!
Two notes for today: Gmail updates and Gold Futures Day trading Webinar.
1. If you are using Gmail and our a client of mine, you may see my daily updates go into your “promotions folder”. To have my daily updates delivered into your primary inbox do the following:
Drag and Drop
The easiest way to move an email in your inbox is to left-click and hold on the email to drag it from the Promotions tab over to the Primary tab.
Releasing the mouse drops the email into the newly selected tab. Once dropped, Gmail displays a yellow box asking if you want to make this change permanent. ClickYes to ensure that all messages with the same from address will appear in the Primary tab going forward.
Space is limited.
Reserve your Webinar seat now at:
https://www2.gotomeeting.com/register/198800538
Join us for a 90-minute LIVE trading and screen sharing, Wednesday, Oct. 9th at 9:15 A.M., Central Time.
During this presentation, Ilan Levy-Mayer, VP of Cannon Trading and Principal of LEVEX Capital Management will share with you details of his approach to day-trading futures, he calls “Nazlan Day-Trading Model & Rules.” and will focus on Gold futures.
In this webinar, Ilan will:
1. Explain his entry signals
2. Review trading size
3. Explain multi time frame correlation
4. Review the charts he likes to use for different markets
5. Review his proprietary ALGO’s and trade indicators
6. present exit techniques
“U.S.-produced oil is a substitute, in terms of volume, to non-U.S. sources, and it’s geographically safe and secure, sending a hedge into the WTI price, not into Brent,” said Richard Hastings, a macro strategist at Global Hunter Securities.
Hastings made the comments when the price spread between the crudes traded at less than $1 back in July “Brent, in turn, reflects macroeconomic weakness from around the world, something which is less meaningful to WTI pricing,” he explained. 1
WTI (West Texas Intermediate), North Sea Brent and the OPEC (Organization of Petroleum Exporting Countries) Benchmark.
What Are the Major differences between these crude oil futures contracts?:
Sulfur Content: Some Crude oils are easier, less costly to refine into gasoline than others. Low sulfur crude is also known as Sweet crude. The commonly used measure of sulfur content is API gravity, is a measure of how heavy or light a petroleum liquid is compared to water. If its API gravity is greater than 10, it is lighter and floats on water; if less than 10, it is heavier and sinks. API is the American Petroleum Institute.
For 2013 I would like to wish all of you discipline and patience in your trading!
Today’s two sided volatility in crude oil futures fitted my trading model/philosophy well.
Below is a screen shot from today along with the different signals.
If you like a free trial to this ALGO along with the PDF document I created, which explains the set ups ( AND have not had the trial before…) then follow instructions below the chart.
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.
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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
So you’ve come this far. You’ve evaluated different vehicles of investment, and you have decided to expand your portfolio to include commodity futures. Now what? You are going to need a few tools at your disposal: a knowledgeable commodity broker that is quick on their feet, a reliable, efficient platform that will get you the information you require and executes your trades on a timely basis, and perhaps most importantly a plan.
Let’s begin with the most important requirement: because futures are so highly, there’s no doubt it can be a very risky asset class and you should only be trading with “risk capital”, or money that you can stand to lose and won’t affect your lifestyle if you do. Once you’ve accumulated your risk capital and you’ve come to terms with the nature of trading futures, you can take matters a step further by doing research on what kind of trader you want to be.
RISK DISCLOSURE: Past results are not necessarily indicative of future results. The risk of loss in futures trading can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.
