Maximize Your Futures Trading Profits | Cannon Trading

Support & Resistance Levels

This Blog provides futures market outlook for different commodities and futures trading markets, mostly stock index futures, as well as support and resistance levels for Crude Oil futures, Gold futures, Euro currency and others. At times the daily trading blog will include educational information about different aspects of commodity and futures trading.

Learn How to (try) Maximize Profits and Minimize Risks in This Exciting World of Futures Trading

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Welcome to the exciting world of futures trading with Cannon Trading Co. 

If you’re looking to expand your investment horizons and add diversity to your portfolio, futures trading might be just what you need. We are here to provide you with comprehensive education, excellent service, user-friendly platforms, and transparent pricing. With our advanced online trading platforms, such as Cannon Pro , you can access the futures markets easily from anywhere, at any time.

Our team of experienced futures specialists is ready to support you every step of the way. From trading Micro WTI Crude Oil to E-mini S&P 500 to Bonds, Ag products and Metals, even the most liquid currency pairs on the globe, we offer a wide range of products to suit your trading preferences. Join us as we explore the potential of futures trading and take charge of your financial future.

Benefits of Trading Futures Through Cannon Trading

Trading futures through Cannon Trading offers a range of benefits that make it a great option for traders. One of the key advantages is the comprehensive education provided. Cannon Trading offers a wealth of resources, including articles, videos, webcasts, covering a wide range of futures topics. This educational material helps traders expand their knowledge and make better informed decisions on a more consistent basis.

Another benefit is the extensive product access provided by Cannon Trading. Traders have the opportunity to diversify their portfolios by trading a variety of futures contracts. Whether it’s micro futures like Micro WTI Crude Oil and Micro Bitcoin or other popular futures, there are a wide range of products available to suit different trading strategies including liquid short and long term option contracts. 

In addition to education and product access, Cannon Trading Co. also offers superior service and innovative platforms. Their dedicated customer support team is readily available to assist traders with any questions or concerns they may have. The trading platforms provided by Cannon Trading Co are user-friendly and equipped with advanced features that enhance the trading experience.

Fair pricing is another advantage of trading futures through Cannon Trading Co. They offer competitive rates, allowing traders to keep their transaction costs low. This is especially important for active traders who make frequent trades.

Popular Futures Trading Details

Let’s explore the ins and outs of popular futures trading options, giving you a better understanding of their key features and specifics. One option that many traders find appealing is micro futures trading. This allows you to engage in futures trading at a lower cost compared to standard contracts. For instance, you have micro futures in many of the popularly investable contracts including but not limited to contracts in the Energy sector, Financial Indices, Interest Rates, Currencies, Metals and more which offer opportunities for diversifying your investment portfolio. But not only that, due to their lower cost, overnight margin requirements, you can enjoy more staying power over not just hours, but days or weeks with a moderate capital commitment.

It’s crucial to keep these details in mind when contemplating your futures trading options. By understanding the features and specifications of different instruments, you can make informed decisions that align with your trading goals. Whether you are hedging or speculating with us at Cannon Trading Co, futures options, outrights, spread trading or using algo’s, we’re here to support you on your trading journey and engage with you to provide valuable insights along the way.

Frequently Asked Questions

What Are the Risks Involved in Futures Trading?

When it comes to futures trading, there are a couple of important risks to consider: leverage risk and market volatility risk. It’s essential to recognize that futures trading can potentially increase your profits, but it can also amplify your losses. That’s why having a strong risk management strategy is crucial.

Let’s briefly discuss leverage risk. Leverage allows traders to control a larger position with a smaller amount of capital. While this can be advantageous, it also means that even small price movements can have a significant impact on your investment. It’s important to be aware of this risk and carefully consider your trading decisions and risk management strategies, a Cannon Trading Co. broker can assist you with these..

Let’s also briefly discuss market volatility risk. The futures market can experience rapid price fluctuations due to various factors such as economic news, geopolitical events, or even natural disasters. These fluctuations can create both opportunities and risks. It’s important to stay informed and keep an eye on market conditions to make informed trading decisions and have a trading plan in place..

To mitigate these risks, it’s crucial to have a solid risk management strategy in place. This includes setting stop-loss orders to limit potential losses, utilizing option strategies to assist in risk mitigation, diversifying your portfolio to spread risk, and staying disciplined in your trading approach. It’s also advisable to educate yourself about the market, study historical price patterns, and stay updated on relevant news and events.

How Can I Manage My Risk When Trading Futures?

When it comes to trading futures, there are several techniques and strategies we can use to manage our risk effectively. One approach is to set stop-loss orders, which act as a safety net by automatically closing our positions if they reach a certain level of loss. This helps protect our capital and prevents us from incurring significant losses.

Another way to manage risk is by diversifying our positions. By spreading our investments across different futures contracts, we can reduce the impact of any single trade on our overall portfolio. This diversification helps to mitigate the risk associated with any individual contract or market.

Furthermore, adjusting our position sizes based on our risk tolerance is crucial. It’s important to carefully evaluate the amount of capital we are willing to risk on each trade. By aligning our position sizes with our risk tolerance, we can avoid taking on excessive risk and maintain a more balanced approach to trading. Ask your Cannon Trading Co. broker how you can do this using micro contracts.

Finally, utilizing proper risk-reward ratios is essential. This involves assessing the potential reward of a trade in relation to the risk involved. It’s generally recommended to aim for a higher potential reward compared to the potential risk. This way, even if not all trades are successful, the profitable ones can outweigh the losing ones, resulting in overall positive returns.

Are There Any Tax Implications When Trading Futures?

Yes, there are tax implications to consider when trading futures You will receive a 1099B. Currently gains are taxed at a blended rate. We are not registered Tax advisors, please consult a CPA, accountant or other tax professionals. 

Can I Trade Futures on Margin?

Absolutely!  Futures trading is highly leveraged. You will need to understand notional value relative to the margin requirement to determine if futures trading is the right investment in time, energy and capital for you. A Cannon Trading Co. Broker will gladly assist you with any questions or concerns. Margin trading enables us to control larger positions using a smaller amount of capital. It’s crucial, however, to fully understand the margin requirements and associated risks before participating in margin trading. By carefully considering these factors, we can make informed decisions and potentially maximize our trading opportunities.

What Types of Orders Can I Use When Trading Futures?

When you’re trading futures, there are different types of orders that you can use. One option is a limit order, which allows you to set a specific price at which you want to buy or sell. This can be handy if you have a specific target price in mind. Another option is a market order, which means you’re buying or selling at the current bid or offer. This can be useful if you want to execute the trade quickly without worrying about the specific price.

At Cannon Trading Co, we offer these order types to help you navigate the futures market efficiently and make informed trading decisions in addition, you can utilize stop orders, Bracket orders, Iceberg orders,  strategy orders and for options we offer all of the exchange recognized order combinations in addition to software you can buy and create your own spreads.

More About Learning How to Maximize Profits and Minimize Risks in This Exciting World of Futures Trading

Explore the intricate landscape of futures trading, uncovering key insights to amplify gains while adeptly navigating risk-mitigation tactics, fostering a deeper understanding of profit maximization.

Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. Past Performance is not indicative of future results. 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. 

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* 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.

Posted in: Future Trading News   | Futures Trading  

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