8 Steps to Better Trading + Futures Trading Levels & Economic Reports for Sept. 6th 2017

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Labor day is behind us and the markets are gearing into the busy time of the year  – Sept./Oct. and the end of the year.

Keep a trading journal. Know what reports are coming. Adjust your weaknesses and learn to trade with your strengths.

Prepare yourself every day before you start trading.

Take a look at this quick 8 pointer summary I wrote a while back and is very relevant in my opinion.

Continue reading “8 Steps to Better Trading + Futures Trading Levels & Economic Reports for Sept. 6th 2017”

Labor Day Trading Hours + Futures Trading Levels & Economic Reports for Sept. 1st 2017

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Wishing everyone a happy and safe Labor Day Weekend.

Our office is closed Monday Sept. 4th but our 24 hours desk is available ( make sure you have the correct numbers from your broker) .

Before we start the long weekend, we do have un-employment report tomorrow!

Make sure you are aware of trading hours and let us know if you have any questions at + 310 859 9572

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Labor Day Trading Hours + Futures Trading Levels & Economic Reports for August 31st 2017

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Labor Day is just around the corner!!

Make sure you are aware of trading hours and let us know if you have any questions at + 310 859 9572

Labor Day Trading Hours

Continue reading “Labor Day Trading Hours + Futures Trading Levels & Economic Reports for August 31st 2017”

Hurricane Harvey… 8.25.2017

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Like us on Facebook! https://www.facebook.com/CannonTradingCompany/

From my colleague John Thorpe:

Tropical Storm Harvey Watch!

Oil, products and Natural gas operations.

With a Potential Cat 3 Hurricane reaching Landfall on or about Friday night or Saturday morning according to Dr. Jeff Masters, Co-Founder of the weather underground

https://www.wunderground.com/hurricane/atlantic/2017/tropical-storm-harvey 

The EIA provides a Live interactive tracking map Related Potential Energy Disruptions

https://www.eia.gov/special/disruptions/ 

http://refineryreport.org/refineries.php  shows an interactive version of the map below

Hurricane Harvey - Tropical Storm Harvey Watch!

John D. Thorpe

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First Notice days for specific Futures contracts are coming up! 8.24.2017

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Heads up Regarding approaching first notice ( FN) and Last Trading days (LT)

Since there are so many of the September futures contracts traded across so many different commodities.

Here are dates you need to be aware of so you don’t run into delivery hassles.

Cash settled or financially settled products do not have a first notice day since there is no delivery.

For the Deliverable futures contracts, please pay attention to the following Dates for September contracts.

You must be out or rolled into the next contract before First notice day.  Unless you are a bonaFide Hedger.

Please use Monday, August 28th

through Wednesday the 30th to adjust your positions.

Continue reading “First Notice days for specific Futures contracts are coming up! 8.24.2017”

Day Trading Crude Oil Futures – What you Need to Know! 8.23.2017

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Wednesday is energy report day…..Every Wednesday ( except for weeks when we have a long weekend), we have a 10:30 Am EST report on the crude oil inventories. This report normally generates a good amount of volatility.

Crude Oil Futures volatility offers a “different market personality” than stock index futures.

If you like to read some ideas and thoughts on day trading crude oil futures, click here to instantly read an article written on this specific topic.

ROBOT Futures Trading 8.22.2017

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Cannon Trading Company is excited to be one of the first firms to offer connectivity to the iSystems Automated Trading System Platform.

The platform allows clients to browse 100s of automated trading systems – with the ability to view overall performance, monthly profit/loss, trade logs, and all the relevant risk/reward statistics.

Clients can then subscribe to systems they like, and activate the systems for live trading in their account – choosing how many contracts to trade; whether to get in line with the algorithm or wait until the next signal, and then monitor all of the activity in real time on the website with the ability to start and stop systems at any time they choose.

Trading systems can remove the emotions and provide consistency to your trading, while most have the profile of risking a small amount on each trade while looking to make several times that amount.

How Does It Work?  Continue reading “ROBOT Futures Trading 8.22.2017”

Futures Trading Signals 8.18.2017

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Are you looking for intraday trading signals that you can plug in on your own charts and use along with your levels and outlook?

If so, visit:

http://levex.net/trading-algo/

Continue reading “Futures Trading Signals 8.18.2017”

Going For Smaller Profits or the Big Runs? 8.17.2017

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Do I hold on for the “big winner” or take small profits?

To start with, this is a good problem…this means you are taking some winning trades. The answer is not a simple yes or no.

One must have a combination of both smaller, consistent winners. Also a few “runners” large profit trades, regardless if you are day trading, position trading or swing trading.

Some traders solve the problem by breaking their trading size into more than just 1 unit.

Entering Multiple Contracts: Philosophy

I think that entering multiple contracts does 3 good things for you…
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