Futures Day Trading Guide

Day Trading Tips and Tricks 1.20.2016

January 19th, 2016 Filed under Future Trading News | Comment (0)

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

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 January 20, 2016

Hello Traders,

For 2015 I would like to wish all of you discipline and patience in your trading!

Voted #1 futures trading blog!

Greetings!

Few pointers for you day-traders out there. I am sure you have heard some from different resources but never hurts to read and absorb this again:

1. Be patient
2. Limit the number of hours you trade
3. Know your DAILY risk before the day begins and this will dictate
the number of contracts you trade
4. Choose markets with high liquidity
5. Know what reports come out every day and their impact on the markets.
6. Understand that even the best methods will have losing days.
7. Learn to accept loses
8. Use RISK CAPITAL only
9. Don’t try to trade and do other things
10. Educate yourself
11. Keep a trading journal

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New Futures Day Trading Signals Newsletter 1.12.2016

January 11th, 2016 Filed under Day Trading, Future Trading News, Futures Trading | Comment (0)

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Hello Traders,

For 2015 I would like to wish all of you discipline and patience in your trading!

Voted #1 futures trading blog!

Just in case you missed it…..

New Day Trading Signals Newsletter

The Edge, daily trading signals newsletter is now provided FREE for a limited time to Cannon’s clients and qualified prospects

A veteran client and trader once remarked “Just tell me WHICH market to trade on any specific day and WHAT direction and I can trade the heck out of it….” Well, the Edge by ExitPoints.com does exactly that. The ExitPoints EDGE email will let you know the night before what markets to focus on and which direction the market is expected to move. From that point you can more confidently create your trading plan and utilize your trading prowess to capture opportunities. Complete the simple form below and you will receive the daily email within one business day. You will receive it for the next 3 months FREE! you can unsubscribe at any time and as always, you will have direct access to a cannon Trading professional with any questions.

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Walk Before You Run When Trading Futures 1.05.2016

January 4th, 2016 Filed under Future Trading News, Futures Trading | Comment (0)

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Hello Traders,

For 2015 I would like to wish all of you discipline and patience in your trading!

Voted #1 futures trading blog!

Hope everyone had a great holiday season and some time off with family and friends. I wish all of you the best in trading in 2016 specifically and in all aspects of life in general.

Great article to start your trading in 2016:

Walk before you run

By Cannon Trading staff

The image of a successful futures trader is that of a lone wolf surveying the landscape looking for an opportunity to attack and seize quick and substantial profits. We all know about the potential for making a fortune in the futures markets. Yet, few do so. Why is that? What are some of the common pitfalls that prevent this dream from becoming a reality for most traders?

One of the most prevalent misconceptions for inexperienced traders is that they believe themselves to be smarter than the rest of the market participants. They under estimate the qualifications and abilities of the rest of the futures markets professionals. This business of trading is dominated by very dedicated, resourceful professionals who have invested lots of time and assets into their pursuit of trading profits. Competing against these seasoned professionals is not impossible but going it alone, especially initially, is usually not the most prudent course of action for new traders.

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Futures Market Trading Tip from Senior Broker Joe Easton 12.17.2015

December 16th, 2015 Filed under Future Trading News, Futures Trading | Comment (0)

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Hello Traders,

For 2015 I would like to wish all of you discipline and patience in your trading!

Voted #1 futures trading blog!

Here is some futures market insight from our Senior Broker, Joe Easton:

When Trading Markets around reports, having stop and limit orders in advance can be imperative due to the speed of the move can be faster than your finger can click.

Additionally, it is more important to have a plan in advance and levels to use while managing your trade. By turning off the 24 hour function on the chart and showing only RTH (regular trading hours) You can see how the spike low of 2031 was the same exact price as yesterday’s opening print. This small tip can help weed out the Globex noise.

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8 Steps to Successful Futures Day-Trading 12-02-2015

December 1st, 2015 Filed under Commodity Trading, Day Trading, Future Trading News, Futures Trading, Options Trading, Trading Guide | Comment (0)

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Hello Traders,

For 2015 I would like to wish all of you discipline and patience in your trading!

Voted #1 futures trading blog!

Wishing all of you a great trading month in December.

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 17 years.

8 Steps to Successful Day-Trading

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.

1. Education

Hopefully if you are already trading you have completed your initial education: contract specs, trading hours, futures brokers, platforms, the opportunities as well as the risk and need to use risk capital in futures, and so on. Understanding this information is essential to futures trading. The second type of education is ongoing: learning about trading techniques, the evolution of futures markets, different trading tools, and more.

2. Find a System

I am definitely not advising you to go on the web and subscribe to a “black box” system (using buy/sell triggers if don’t know why they are being generated). What I am advising is developing a trading technique: a general set of rules and a trading concept. As you progress, you may want to put the different rules and indicators into a computerized system, but the most important factor is to have a focus and a plan. Don’t just wake up in the morning and trade “blank.”

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