Guide to Commodity Futures Trading from a Stock Market Broker

One of the most profitable areas a stock market broker can get into is commodities futures and you can start trading them right now with the right research tools and trading strategy to bet on the future of the market while you’re trading stocks and growing your bank account. Any online brokerage account should have a diversified portfolio with plenty of commodity futures and options trades to go around and pad the investment accounts, whether you’re self-directed or use online brokers. Most online brokers know the importance of investment objectives and can almost always be met with the help of futures and financial advisors are always there to give you an idea of where they’ll be the time your trade goes through.

Active traders have plenty of options when it comes to stock and ETF trades and a stock market broker is going to suggest that every investment portfolio has a few things to hedge your bets and ensure you’re growing your bank account and never losing money with your stock trading. Investment holdings should always include mutual fund trades, stock ETF trades, and commodity futures and every good stock trading platform will have a mobile app that lets you make the most of them. Here’s all the information that active stock traders need to get into commodities and buy stocks that not only cover their account fees but make them money.

Choosing the Right Online Broker

There are interactive brokers and online brokers that will sell stocks and mutual funds for you and take all the work of e-trade away from you so you can sit back and watch your account grow and mature over time and that might be the best option for beginner investors before they start trading. They’ll make all the investment decisions for you and they’ll make a cash bonus when exchange-traded funds get a boost, but you can choose commission-free trades by using a mobile app to do it all by yourself. Active investing takes many research tools and the best online stock brokers will have the educational resources you need to get the most out of trading platforms without using full-service brokers.

Your online brokerage account should come with investment advice and access to mutual funds trading forex trading, and alternative investments that you can look at and decide if you want to get into the same areas that advanced traders are using in their online brokerages. You can start trading right now by setting margin accounts on your online brokerage account and full-service brokers will take over from there, or you can act as your online broker and use trading platforms and brokerage firms for research. There are many financial products to choose from and the decision is yours, but you should ensure you have all the information you need to make the correct one.

What to Consider When Selecting an Online Broker

There are a few things to consider when you want to find the best brokerage accounts to help with your active investing and there are financial products, such as discount brokers, to help you buy stocks with a brokerage account that makes you money and grows your bank account. The best online brokers will have options for active traders as well as access to a full-service broker to take your taxable brokerage account and do all the trading work for you. These online brokers know the stock market and are monitored by the financial industry regulatory authority to keep you and your money safe.

It’s important to consider account minimums on any mobile app you choose to use so you can be sure that your online brokerage platform is something you can comfortably afford until you start to sell stocks and make money through mutual funds and stock and ETF trades. Stock trading platforms are monitored by the Securities and Exchange Commission so your taxable brokerage account is secure and your account minimum is safe. The best online brokerage accounts keep their account fees low so you can buy stocks and make money simply by using a mobile app that supports your active investing decisions.

Types of Online Brokerage Accounts

Stock Market Traders

The best online brokerage platform will have every option available to you, from Morgan self-directed investing to online brokers who trade mutual funds, futures, and commodities for you, based on your long-term goals and the amount of money you’ve given the trading platform to use on your behalf. If you want fully commission-free trading, it’s best to act as your online broker and use the trading platform for information and educational resources that let you make the best decisions for your trades. This is great for advanced traders who know how the market works and want to use the broker’s online trading platform for support rather than a full-service broker.

No matter which type of brokerage account you get, your money will be protected by the Securities Investor Protection Corporation if the firm goes bankrupt for any reason or the stock trading platform gets shut down. The best online broker will have educational resources on a mobile app that you can access to carry out the investment decisions you’ve made. You’ll also have access to interactive brokers and online brokers to do the e-trade work for you so you don’t have to do it all on your own.

Getting Started with Online Brokers

Interactive brokers are easy to find on the right trading platforms and active traders will take your goals and make e-trade decisions based on what you want from brokerage firms and all you have to do is set up an account on a mobile app. Everything from alternative investments to stock ETF trades and options trades will be available to you as soon as you get set up and you’ll have the best online brokers and interactive brokers working for you on your trading platform. Active traders and discount brokers will have your account minimum to work with and you get to watch your investment accounts grow.

Of course, you don’t have to use interactive brokers on any trading platforms if you want to act as your full-service broker and do the e-trade work on your own. Some of the best online brokers are people who do it on their own with self-directed trading platforms and it can be the best commission-free trading that you can get into. Trading stocks in commodities futures can be very lucrative, as long as you have the educational resources it takes to know what’s happening and which moves you should make.

Online Brokerage Account Features

Stock trading platforms are great for active traders because brokerage firms have done the leg work of gathering information on stock trading so you can make self-directed trades without paying online brokers to do it for you. The best online broker platform will have real-time information you can access whenever you need it before you make an e-trade and bet on the future of the commodities of your choosing. Stock and ETF trades should be easy to access and they’ll have charts that show you where a stock has been so you can make an informed decision on where it will be in the future.

Stock trading platforms will have full-service brokers to utilize, as well as self-directed e-trade options that you can choose based on your needs and how you want to go about your options trades. The right stock trading platforms will allow you to add and draw from your account for your money is never locked away from you and you’ll get the same information that brokerage firms and the best online brokers get to use. Interactive brokers will also be available to help you make e-trade decisions so your stock trading and mutual funds always turn profits, just like full-service brokers would be making for you.

Online Brokerage Account Safety and Security

Whether you go with self-directed investing or interactive brokers on a better stock trading platform, your account minimum will always be safe and your information will always be kept as secure as possible, so you can act as your online broker without worrying about it being stolen. Most online brokers and interactive brokers utilize security features on their trading platforms that encrypt your data from end to end so your stock and ETF trades stay safe from outside interference. Your banking and personal information will be secure, and your account minimum will always be there for you.

The Securities Investor Protection Corporation will also insure your money in the event your stock trading platform goes bankrupt or shuts down, just like the money in your bank is protected. It’s also overseen by the financial industry regulatory authority so everything is safe, from mutual funds trades to ETF trades and options trades. No matter what you trade, you’ll always be safe and secure when you use the best brokerage accounts you can find.

Is My Money Insured at a Brokerage Firm?

No matter what kind of brokerage account you have at your brokerage firm, your money is always insured and protected, so you don’t have to worry about it disappearing from the trading platform or your account minimum being taken. The trading platform and online broker will use high security features and everything will be overseen so you can sell stocks and deal in commodities futures with full peace of mind. Every brokerage account gets the same level of security, whether you’re using interactive brokers or simply trading with the account minimum they require you to have.

It makes it easy to choose a brokerage firm that gives you access to commodities futures trading, mutual funds, options trades, and stock ETF trading when you know your money is insured and your information is always kept secure. You can make any investment decisions you want and the best online broker you can get will have your back, no matter what happens. Keep in mind that online brokers are overseen, just like all other brokerage accounts that you can open and manage.

Start Trading Futures Commodities with Online Brokers

CTC Traders

The best online brokers and brokerage accounts are waiting to make futures commodities trading possible right now and you can choose to go with interactive brokers or use the information they’ve collected to be your best online broker on your own, it’s completely up to you and how you want to trade. Commodities futures. stock ETF trades and options trades can be some of the most lucrative moves you can make and there’s an online broker ready to give you the chance to make lots of money off the market. You’ll get information on trends, past activity, and everything else you need to be the best online broker that you can be while you trade on your own behalf and make moves by trading stocks.

There are also active traders who can do the work for you if you don’t have the time it takes to become an expert on commodities futures and financial advisors who know the market and how to carry out the best trading strategy for you and your money. You don’t have to know everything about the stock market to start trading and making money off your investments right now. Just choose the best online broker and you’ll have all the resources you need to turn a profit and benefit from commodities futures.

How a Commodities Broker Can Help You Diversify Your Investment Portfolio

If you’re active in the stock market and know how to trade and sell to make money then your next step in getting the most out of companies and securities is to find a commodities broker to trade commodity contracts on your behalf, no matter how active traders are using commodity futures. You can find a broker to do the trading on your behalf or get access to trading platforms and advanced tools that let you become a commodity trader on your own. You can turn a profit out of any commodities markets when you have industry at your fingertips and you won’t have to pay massive exchange fees or increase your risk exposure.

If you go with a commodities broker, you’ll have the advantage of all the trading experience he or she has and they’ll ensure that your assets provide derivatives that make you money while they’re executing trades on your behalf. Suppose you prefer to carry out the business of futures trading and futures contracts on your own. In that case, you’ll have access to all exchanges through trading platforms built by experienced traders and investors. There’s no easier way to trade and make a profit in the market and commodities brokers from all over the industry will be there to help you make the right decisions.

Understanding Commodities and Commodity Brokers

To understand what a commodities broker does, you have to understand what a commodity is and it’s not difficult, once you understand that it’s a physical good, unlike stocks or bonds that most people trade. You can think of commodities as precious metals such as gold, energy like crude oil, and foods such as soybeans, corn, and grain. Each one of those has a price and you’ll typically be trading their futures, as opposed to trading the price of grain don’t the day you make the exchange.

People who trade commodities are well-versed in futures markets and have an idea of where the price of something will be on the day the trades are made in the future, meaning your trader is the best source of information on the market. For instance, you likely don’t know what will happen to gold on the London metal exchange. Hence, commodity brokers are best to negotiate commodity contracts on your behalf so you make the most profit off your investment. No matter how many trades you want to exchange with other investors, you’ll have a steady flow of derivatives that your commodity trader or commodities broker gets for you.

Key Characteristics of a Good Commodity Broker

Man Studying Graphs

There are a few things to look for in a good commodities broker or commodity trader and the first is that they have lots of educational trader material for their clients to check out so they know what the commodity broker is doing and they’re they’re doing it on their behalf. They should also let their clients make trades on their own without charging exorbitant fees that cut into their derivatives so much they struggle to make money off the markets. While trading commodities will come with fees, they should be fair so everyone from the trader to the brokers benefits from it.

Your commodities broker or trader should give you access to futures trading that you can’t get on your own so you find plenty of value in what they have to offer you while you make your way through the exchanges on their platform. Every trader should have access to educational material to learn what futures trading is and how futures commission merchants fit into the business before they decide to buy their first commodity. Commodities brokers should also be regulated by the National Futures Association, so you can be sure that all commodities and futures are being traded the way they’re supposed to be.

What to Look for in a Commodities Trading Platform

When you want to act as your own trader, instead of commodity brokers trading on your behalf, it’s just as important to check out any platform you’re considering to ensure they’re adhering to National Futures Association rules and that you’ll have access to all the trader information as a broker. It’s a very good idea to seek out a platform that offers the assistance of a commodity broker who doesn’t act as your trader but gives you advice on the futures to buy and sell. This is a well-rounded and balanced approach that leaves you in charge of the final trader decisions while the brokers simply offer you input.

The platform should also have plenty of graphs that you can use to follow the course of the commodity and make an informed guess on where it will be in the future when your trader moves are carried out in the markets. Any commodity broker will tell you that information is their main source of power and that’s what you need to get from the platform you choose to use. It’s the best way to know that your portfolio management choices are sound and that you’ll be making better choices for you than brokers would.

Security and Safety

Silver Bars

Finally, whether you choose to let a commodity broker be your trader, or if you’re making the decisions on your own, the platform you use should put your safety and security about everything else they have to offer you, especially since you’re dealing with your livelihood and the derivatives you’ve worked so hard to make. It doesn’t matter which commodity you want to invest in on the trader platform, your information should always be kept safe and secure on the site and your broker should always let you know exactly what’s happening with your capital.

It’s also important to have access to live trader and commodity news on the platform so you can make informed decisions about everything you choose to do as your own broker. The best commodity platform will have plenty of up-to-date information for you to study or glance at to know what’s happening and what’s coming in the market. Once you find a trader platform with all that, you’ll have everything you need to be the best broker you can be.

Navigating Online Commodities Trading: The Role of Commodity Brokers and the Cannon Trading Advantage

Read more about commodities trading with Cannon Trading Company here.

Commodity trading has long been a cornerstone of global markets, providing investors with the opportunity to participate in the fluctuating prices of essential raw materials, from precious metals like gold and silver to agricultural products such as wheat and soybeans. In the modern era, the advent of online commodities trading has democratized access to these markets, making it possible for traders of all backgrounds to engage in commodity trading from the comfort of their homes or offices. However, to embark on a successful online commodities trading venture, one needs the guidance and support of a reputable commodity broker. Cannon Trading Company, with its 35 years in business, multiple awards, and a stellar TrustPilot rating of 4.9 out of 5 stars, stands as a prime example of what traders should seek in a commodity broker.

 

Understanding Commodity Brokers and Online Commodities Trading

  1. Commodity Brokers: Commodity brokers are intermediaries or professionals who facilitate the buying and selling of commodity futures contracts on behalf of their clients. They play a pivotal role in ensuring that traders have access to the commodities markets, receive efficient execution of their trades, and benefit from valuable insights and expertise.
  2. Commodity Trading: Commodity trading involves speculating on the future price movements of various physical goods or raw materials. These goods can be classified into categories such as energy commodities (e.g., crude oil), agricultural commodities (e.g., corn), and precious metals (e.g., gold). Traders can profit from price fluctuations by entering into futures contracts, which obligate them to buy or sell the underlying commodity at a predetermined price on a specified future date.
  3. Online Commodities Trading: The advent of online trading platforms has revolutionized commodity trading. Traders can access these platforms through commodity brokerage firms and execute trades in real-time. Online commodities trading offers convenience, accessibility, and a wide array of trading tools and resources.

Choosing the right commodity broker is pivotal to the success of your online commodities trading venture. Here are key factors to consider when evaluating a commodity broker:

  1. Experience and Reputation: A commodity broker with a solid track record and reputation is essential. Look for firms with years of experience in the industry and a history of satisfied clients.
  2. Range of Commodities: Ensure that the broker provides access to a diverse range of commodities, including energy, agricultural, and precious metals. This allows you to diversify your portfolio and explore different markets.
  3. Trading Tools: Evaluate the trading tools and platforms offered by the broker. These should be user-friendly, offer real-time data, and support advanced analysis techniques. A reliable platform can significantly enhance your trading experience.
  4. Customer Support: Effective customer support is crucial in commodities trading. You should be able to reach out to the broker’s support team quickly and receive prompt assistance, especially in times of market volatility.
  5. Educational Resources: Look for brokers that offer educational resources such as webinars, seminars, market analysis, and trading guides. These resources can help you improve your trading skills and make informed decisions.
  6. Fees and Commissions: Understand the fee structure of the broker, including commissions and spreads. Compare these fees to ensure they align with your trading budget and objectives.
  7. Regulation and Security: Verify that the broker is regulated by relevant authorities. Regulatory compliance is a sign of a trustworthy broker. Additionally, ensure that the broker’s online trading platform is secure and employs encryption to protect your data and transactions.

Cannon Trading Company: A Leading Futures Brokerage

Cannon Trading Company stands as a shining example of a leading futures brokerage that embodies all the qualities and features traders should seek in a commodity broker for their online commodities trading venture.

  1. 35 Years in Business: The longevity of Cannon Trading Company in the industry speaks volumes about its reliability and commitment to its clients. With 35 years of experience, the firm has weathered market fluctuations and adapted to the evolving landscape of commodities trading.
  2. Multiple Award-Winning Firm: Cannon Trading has garnered numerous awards and accolades over the years, underscoring its excellence in the field of commodities trading. These awards serve as a testament to the firm’s dedication to providing top-notch services to its clients.
  3. TrustPilot Rating: Cannon Trading Company’s remarkable TrustPilot rating of 4.9 out of 5 stars solidifies its reputation as a trusted and reputable commodity broker. TrustPilot is a renowned platform for customer reviews and ratings, known for its transparency and authenticity. Achieving such a high rating reflects the firm’s consistent commitment to customer satisfaction.

Cannon Trading Company’s Commitment to Excellence

Cannon Trading Company has consistently demonstrated its commitment to excellence in commodities trading. Here are some key attributes that have contributed to its success and high TrustPilot rating:

  1. Expertise: The team at Cannon Trading comprises knowledgeable professionals with years of experience in commodities markets. Their expertise allows them to provide valuable insights and guidance to traders.
  2. Wide Range of Commodities: Cannon Trading offers access to a diverse range of commodities, allowing traders to explore various markets and diversify their portfolios.
  3. Trading Tools: The firm provides a range of trading tools and platforms designed to meet the needs of traders at all levels of expertise. These platforms are user-friendly and offer real-time data and analysis tools.
  4. Customer Support: Cannon Trading’s customer support team is readily accessible and responsive. They understand the importance of prompt assistance, especially in the fast-paced world of commodities trading.
  5. Educational Resources: The company offers educational resources, including webinars, seminars, and market analysis reports, to help traders enhance their knowledge and skills.
  6. Regulation and Security: Cannon Trading Company is regulated by relevant authorities, ensuring compliance with industry standards. The firm also prioritizes the security of its clients’ data and transactions.

 

Embarking on an online commodities trading venture requires careful consideration of the commodity broker you choose to partner with. The success of your trading endeavors hinges on factors such as the broker’s experience, reputation, range of commodities, trading tools, customer support, educational resources, fees, and security measures. Cannon Trading Company, with its 35 years in business, multiple awards, and a stellar TrustPilot rating of 4.9 out of 5 stars, exemplifies the qualities and features traders should seek in a commodity broker.

In a market where trust, reliability, and expertise are paramount, Cannon Trading Company stands out as a leader in the field of online commodities trading. Whether you’re a seasoned commodities trader or just starting your journey in this exciting market, partnering with Cannon Trading Company can provide you with the support and resources needed to navigate the complexities of commodities trading and pursue your investment goals with confidence.

Ready to start trading futures? Call 1(800)454-9572 and speak to one of our experienced, Series-3 licensed futures brokers and start your futures trading journey with Cannon Trading Company today.

Disclaimer – 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.

 

How Commodity Trading Works

In July 2017, Forbes1 predicted an “explosion” of activity in commodities trading, and that prediction may have been right on the money; a bullish U.S. commodities market recently danced from summer to fall. As of September 5 2017, energy and non-energy commodities saw a respectable gain, but metals, minerals, and precious metals jumped as high as 8.2 percent. All that glitters is not gold; maybe it’s iridium! And maybe it’s time you learned about commodities trading as an investment strategy.

What are Commodities and Commodities Trading?

In the U.S., futures and option markets are regulated by the Commodity Futures Trading Commission. A commodity is a product that can vary in quality or grade. However, a futures contract of a commodity product is standardized, regardless who is the producer/seller. In addition to energy (oil and fuel, gasoline and natural gas), other commodities trading items include:

  • Agro-based (cotton, corn, lumber, oilseeds, wheat, etc.)
  • Livestock (cattle, chicken, pigs and pork bellies, etc.)
  • Metals (aluminum, copper, nickel, zinc, etc.)
  • Precious metals (gold, iridium, platinum, rhodium, silver, etc.)
  • Soft – These products are grown and harvested rather than mined (Cocoa, Coffee, Fruit, Soybeans, Sugar, etc.)
  • U.S. Equities

The commodities market is driven by supply and demand. You can try to predict, based on previous years, what this year’s cotton crop will yield. But if disease damages much of U.S. cotton crops, supply is lowered and demand prices rise. Continue reading “How Commodity Trading Works”

Futures Gold Breaks Recent Lows 11.18.2015

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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 Wednesday November 18, 2015

Hello Traders,

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

As I was about to write today’s blog, it hit me that i would like to know more from you, the reader what kind of topics you like to see in this blog?Take a minute or two and reply back with which of the following you like to see more of:

  • More about trading techniques?
  • Perhaps more charts/ analyzing the markets?
  • 3rd party resources?
  • Trading psychology?
  • Any other topic?
  • You like the blog mix as is….

On a different note, gold just broke recent lows, weekly chart for your review below with some possible levels to watch:

GCE - Gold (Globex), Weekly Continuation
GCE – Gold (Globex), Weekly Continuation

Continue reading “Futures Gold Breaks Recent Lows 11.18.2015”

Good vs Bad Trading Futures 11-12-2015

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 Thursday November 12, 2015

Hello Traders,

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

The Good Voice versus The Bad Voice

How many times has this happened to you?
You have a client who knows how to make money. It’s apparent in the daily statements; they have a good winning percentage, consistent profits, etc. Everything’s moving along nicely until in seeps the Bad Voice.
The Bad Voice can motivate people to go down a slippery slope. Like a client -who is normally a day trader- decides to carry his/her losing position and make it into a swing trade. Or you are down and refuse to accept the fact it may be a losing day; so you double down and become aggressive with the intention, “if this trade is a winner, I’ll have another winning day.”
The Bad Voice: It’s in all of us all the time. It’s like when you are unbuckling your belt at a Las Vegas buffet but still decide to go back for another round of cake; or you decide to run the yellow light even though you’re running early to your next appointment. But when it comes to trading, there’s bigger risks involved than a traffic ticket or a tear in your pants. These bad choices can have a snow ball effect and turn a mediocre day into a bad day or a bad day into needing a stiff drink.

Weekly Continuation Futures Gold Chart 11.06.2015

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 Friday November 06, 2015

Hello Traders,

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

Monthly unemployment numbers tomorrow. Many markets will have volatile reaction so be aware of the report and others that will come in later.
The main market I am curious about is gold. Currently oversold but in a nice down trend so the big question is which way will it play? test previous lows or snap? Perhaps both….Weekly chart for your review with circles marking mostly lower highs and lower lows….:

GCE - Gold(Globex), Weekly Continuation
GCE – Gold(Globex), Weekly Continuation

Continue reading “Weekly Continuation Futures Gold Chart 11.06.2015”

Gold Futures – What’s Next? 7.22.2015

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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 Wednesday July 22, 2015

Hello Traders,

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

Hello Traders,

Gold – What’s Next?

From what I understand China holds quite a bit of physical gold, leaving the door open for additional sales in the future.

Gold sold off in a big way Sunday night (July 20th trading session) following a weak close right on support levels the prior week.

News came out that a big bullion dealer from China sold a very large amount of bullion in a matter of 2 minutes, sending gold prices down to 1080 for a short period of time before bouncing back up.

From what I understand, China holds quite a bit of physical gold and that leaves the door open for additional sales in the future.

Continue reading “Gold Futures – What’s Next? 7.22.2015”

Futures Levels & Economic Reports 7.16.2015

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 Thursday July 16, 2015

Hello Traders,

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

Hello Traders,

Why Didn’t I Get Filled?

“A treatise to Demo Traders”, on behalf of Commodities brokers everywhere.

By Cannon Trading Commodities Broker

Demo Trading. Also known as simulated trading, paper trading, playing with Monopoly money; whatever you’d like to call it, a demo can be your best friend or your worst enemy. Every Futures broker dreads having this conversation with their clients, as it is necessary with every new trader; however, much to a broker’s chagrin, every new trader will say that they already understand when in fact they rarely do. Let me assure you, if you’re a new or even intermediate trader, you probably don’t. You may understand one popular issue of the conversation but odds are if you have been paper trading for five years waiting to be “successful” or to “understand the futures markets” in the simulated world before moving on, you have less of a chance of being successful in the live futures markets because you’re setting yourself up for failure (if you ever do, in fact, trade in the live markets). You should seriously consider speaking with a licensed commodities and futures broker before diving in.

For the uninitiated, demo trading is the practice of trying out an online trading platform on a simulated basis-in a free demo trading account, you’re granted simulated funds, you’re placing simulated orders in the markets and you’re shown simulated profits and losses on what your trades might have done for you if you were futures trading on a live platform with live funds. First and foremost, it’s a wonderful technological tool for testing out a platform to see if it will suit your trading methodology. It can also be used to try different trading strategies, but problems arise when one equates simulated trading too much with live futures trading.

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