Tag: Futures Trading Company

Our weekly newsletter is now available plus the Labor Day trading hours. Please click on the link to access our newsletter: Weekly Newsletter

 

 Each trading day I hold a live educational day trading webinar during the first 2 hours of trading.   Here at Cannon Trading I am Vice President and President / AP of LEVEX Capital Management Inc., a registered commodity trading advisor.

Here I share:

• Share my approach to day trading futures and
• Explain my day trading strategies that can be applied to futures markets such as the E Mini S&P 500, crude oil futures, euro currency, and others.
• Review some of the technical indicators you see on the charts
• Detail my day trading money management philosophy

To sign up for my day trading webinar please sign up for a two week free trial: https://www.cannontrading.com/tools/intraday-futures-trading-signals

Adding Options as a Weapon in Your Trading Arsenal
Join us for a Webinar on August 28th 3:00 PM Central

Options on futures can be used in many different ways and as a trader you need to be aware of all the tools you can use!

Join John Thorpe, Senior Broker with Cannon Trading Co, Inc. as he walks you through Options 101 and explains the basics of options and different ways traders can utilize options in their trading along with current options trading recommendations.

This Webinar is intended for Traders with no options experience to the beginning student of options on futures, this Webinar is intended to be the first in a series of periodic Webinars ending with Advanced Option Strategies. This Webinar will cover:

Risk: Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. 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.

After registering you will receive a confirmation email containing information about joining the Webinar.

System Requirements
PC-based attendees
Required: Windows® 7, Vista, XP or 2003 Server

Macintosh®-based attendees Required: Mac OS® X 10.5 or newer

Mobile attendees Required: iPhone®/iPad®/Android™ smartphone or tablet

Couple of days ago I shared with you my daily mini SP chart with a possible sell signal I had. That specific signal along with the one below for the mini Russell got a confirmation in my opinion with price action breaking below immediate support.

For the mini Russell 2000 to make a meaningful correction, perhaps 787, I would like to see price action breaking below 801 .

 

Daily chart of the mini Russell 2000 for your review below. If you would like to have a second opinion on different markets, trading methods and more, feel free to

 

 

From my colleague Dave Register at ExitPoints.com 

1.Overtrading or underfunding your account

2.Chasing performance

3.Using an over optimized system

4.Failure to Always use Stop loss orders

5.Commissions too high

6.Large slippage in illiquid markets

7.Emotional Trading

 Are we finally seeing a short term top on stock indices??

I am not sure to be honest but I like the risk reward on a short stop if we can take out todays’ lows at 1408.

Chart and possible levels below for your review:

 

Also please like us on Facebook!!