day trading futures


Futures Trading Levels & Economic Reports for October 17th 2017

October 16th, 2017 Filed under Future Trading News | Comment (0)

Voted #1 Blog and #1 Brokerage Services on TraderPlanet for 2016!! 

_____________________________________________________________

Dear Traders,

I have touched about this topic before in different ways but definitely worth revisiting.

I call it:  “There is more to daytrading futures than the mini SP 500….”

When we first started offering online futures trading, back in 1997, mini SP was the king.

Stock index futures had more volatility, the market was actually moving both up and DOWN..and it was the first electronic contract. 20 years later, there are almost no pits….ALL markets are electronic, stocks been going up, almost in a straight line and we are in zero rates/ zero volatility type of environment. I am sure this will change, big question is when.

Until it does….if you have not already done so here are a few pointers I am throwing at you for further thought, exploration:

  1. Crude oil, gold are quite a bit more volatile and move both up and down. Take a look, try in demo mode.
  2. Bonds and grains offer different type of personality than some of the other markets. Again, try it in demo mode, learn contract specs and behavior.
  3. Weekly options are now available on major markets. I like some of the advantages these options have offer straight futures as well as the combination one can use. Read more here.
  4. There new contracts ( some are not that new but worth mentioning) VIX futures are an interesting product. Currency futures been around for years and are a better vehicle in my opinion than FOREX.
  5. Consider adding automated systems to your portfolio.

I am sure there is more but hope these few pointers will help you explore trading the right way. Read the rest of this entry »


8 Steps to Day Trading Futures 5.23.2017

May 22nd, 2017 Filed under Future Trading News | Comment (0)

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.

Like us on FacebookFollow us on TwitterView our profile on LinkedInFind us on Google+Cannon Trading Futures Trading Resistance & Support Levels and Economic ReportsFind us on Yelp  

8 Steps

My name is Ilan Levy-Mayer and I am the Vice President and Senior Futures Broker at Cannon Trading.

I came up with the following personal observations after serving online traders worldwide for more than 18 years.

The following steps are guides to progress, and are not necessarily in sequential order. Some of them are always required, but each futures trader is different and will relate to these stages in their own ways. While attempting to learn and progress, one must keep in mind that futures trading is risky and can involve significant losses. Read the rest of this entry »


Day Trading Stocks vs Futures 2.16.2017

February 15th, 2017 Filed under Day Trading, Future Trading News, Futures Trading | Comment (0)

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.

Like us on FacebookFollow us on TwitterView our profile on LinkedInFind us on Google+Cannon Trading Futures Trading Resistance & Support Levels and Economic ReportsFind us on Yelp  

____________________________________________________________________

Voted #1 Blog and #1 Brokerage Services on TraderPlanet for 2016!!  

____________________________________________________________________

Day Trading Futures vs. Day Trading Stocks

No Downtick Rule

With Futures there are NO downtick and/or short sale rules as found in daytrading equities. No boxing of positions and no bullets. You can instantly short anytime at any price.

Tax Advantage

Commodities are taxed differently than securities. The net gain or loss from trading commodities is reported on schedule D (capital gains and losses); 60 % of the amount is taxed as a long-term capital gain and 40% is taxed as a short-term capital gain. Active Securities Traders have all gains taxed as short term vs. commodities traders who have the above treatment.

24 Hour Market Access

With Electronic Screen traded E-Mini Contracts you can access the market during regular equity trading hours, after hours and during the night. This makes trading news easier as many news events happen after 3:00 pm and late in the afternoons.

More Leverage

You can control more exposure with the same capital than in equities.

Lower Cost Commissions It costs an average of $5-$9 per ticket to actively trade equities, compared with futures where it is $1.26 to $2.00 per ticket – less than half the price. 

The Catch?

They can be more risky than equities.

Trading the E-Mini futures contracts can be more exciting and faster paced than traditional equity markets day trading. Your emotional swings can be more excessive with futures because they are so much more liquid than the equity markets that you may be used to trading. And you have more leverage to play with. These products are for professionals only. Please read carefully the risk disclosure forms on this site and all of the risk disclosure forms found in your account paperwork before considering trading futures. 

More Trading Education available here!

Read the rest of this entry »


Video on Day Trading Futures 12.07.2016

December 6th, 2016 Filed under Day Trading, Future Trading News, Futures Trading | Comment (0)

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.

Like us on FacebookFollow us on TwitterView our profile on LinkedInFind us on Google+Cannon Trading Futures Trading Resistance & Support Levels and Economic ReportsFind us on Yelp

  1. Good article: OPEC to Seek More Oil-Output Cuts from Nonmembers
  2. A good video on daytrading  futures using overbought/oversold indicators (crude oil in this case): https://www.youtube.com/watch?v=qhP-mtpTvE4&t=27s
  3. Last but not least,

Don’t forget to vote for us!! It takes 8 seconds, even if you voted before, they allow voting on daily basis!….vote here!

Dont forget to vote for us!! It takes 8 seconds…. vote here!

Read the rest of this entry »


The Power of Diversification When Trading 3.08.2016

March 7th, 2016 Filed under Day Trading, Future Trading News, Futures Trading | Comment (0)

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.

Like us on FacebookFollow us on TwitterView our profile on LinkedInFind us on Google+Cannon Trading Futures Trading Resistance & Support Levels and Economic ReportsFind us on Yelp

1. Market Commentary
2. Futures Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index
3. Commodities Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds
4. Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver
5. Futures Economic Reports for Tuesday March 8, 2016

Hello Traders,

For 2016 I would like to wish all of you discipline and patience in your trading!

Greetings!

The Power of Diversification When Trading

I believe that if you are only trading (daytrading) one market you may be missing out on diversifying yourself by trading other markets.

Just like if you have a portfolio that is not diversified, you expose yourself to more risk, I think the same holds with futures.

I like to daytrade at least 3 markets or at least follow 3 markets and see which ones offers set ups that I like. If you only trade the ES, you will have many days during the year where there is lower volatility, tight ranges and perhaps just “dead days”. However if you are also following bonds and crude oil you have better chances to get in trade set ups that you prefer. Not only that there are times that one trade will make up for another one that is not going so well etc.

Read the rest of this entry »

________
Doing Business With
See more...
Loading
Loading

Loading