October 30th, 2017 Filed under Future Trading News | Comment (0)
“If you buy at the right time, you can make a mountain of money in commodities,” says financial magazine Forbes. ( and here at Cannon we would also like to remind you of the same possible large risk when you buy or sell at the wrong time….) Commodities don’t usually move at the same pace as the stock market, continues Forbes, so they can diversify your investment portfolio and lower the risk factor.
You need a commodity futures & options broker to facilitate your commodities trading. Commodities brokers buy or sell commodity contracts for a commission, and commission rates are usually paid per contract. A completed buy-and-sell transaction in the commodities market is called a round-turn.
Commodities futures brokers’ clients can be hedgers (people who use derivatives contracts to manage risk) or speculators (those who take a risk in hopes of greater profit). If you handle your own account, you are known as a self directed trader. Read the rest of this entry »
October 21st, 2011 Filed under Commodity Brokers, Commodity Trading | Comment (0)
In this post:
1. Market Commentary
2. Support and Resistance Levels
3. Daily Mini Mini S&P 500 Futures Chart
1. Market Commentary
Volatility remains high and what I wrote the last few days, still holds:
As far as the daily chart, I am now confused again….I got tempted on the short side and got burnt very quickly today….Once again there is a CASE for both sides, bulls and the bears and the potential for a BIG MOVE EITHER WAY is greater than normal as we are sitting on important price levels in the SP500, which has been the leader for the rest of the markets as of the last few weeks. Read the rest of this entry »
December 7th, 2010 Filed under Future Trading News, Futures Broker, Futures Exchange | Comments Off on Futures Trading Levels and Economic Reports for December 7th 2010
Today was a “slow trading day” when it came to stock indices, which leads me to a good point I would like to make. Most of our day traders, trade the e-mini stock index futures, mostly the mini SP because of its heavy daily volume and exposure.
However, I think that day-traders should be able to follow at least another market, maybe even two additional markets and look for different set up in these markets as well.
Good example from today is the Euro currency. While the mini SP was pretty dead….the Euro had nice range, good volatility and good volume which presents both risks and opportunities for day-traders.
Obviously, before you start trading a new market you should educate yourself on tick size, trading hours, “personality”, when is there more volume in that specific contract etc.
If you do so, I think you will achieve a couple of things, first is diversification. While some days trades in certain market may not work, trades in a different market may provide balance.
Also, if on certain days, certain markets are “sleepy” ( which most day-traders do NOT like), another market may have more action….
As always, do your homework, practice in simulation mode first and make sure you understand the “new contract” you may be trading along with the risks involved.
Below is a screen shot of the Euro Currency from todays webinar session :
( free trial at – https://www.cannontrading.com/tools/intraday-futures-trading-signals )
Read the rest of this entry »