“Cut Your Losses Short” Advice from an Ex Floor Broker
Posted By:- Ilan Levy-Mayer Vice President, Cannon Trading Futures Blog
Dear Futures Trader,
Cut Your Losses Short – Quick but important advice by¬†John Thorpe, Senior Broker and ex floor broker:
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 when it comes to Futures Trading.
Futures Trading Levels
Economic Reports, source:¬†
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¬†here in¬†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¬†judgement¬†in trading.