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Tag: futures trading

Futures Trading Levels and Tips for January 10, 2011

Posted on by Ilan

Trading is SO MUCH MENTAL once you have a concept you believe in, have confidence in. After that there is a lot of psychological work….

Some examples:

  1. Ability to take losses and know not every trade will be a winner and not every day will be a winning day

  2. Ability to stay patient and NOT feel that if you are NOT trading, you are NOT doing your job….

  3. The confidence to stay in winning trades and the discipline to get out of losing trades

  4. Allowing trades some time to work

  5. Not getting down on yourself for “could have should have etc”

  6. Being a hard worker and keeping a journal after certain trading days. Being  a hard worker in putting time and effort learning new approaches, set ups before deciding if its worthy or not. I WILL SAVE THIS LITTLE LIST AND ADD TO IT AS DAYS PROGRESS. Continue reading “Futures Trading Levels and Tips for January 10, 2011”

Futures Trading Levels and Economic Reports for January 7, 2010

Posted on by Ilan

Daily chart of the SP cash index below….I got a potential sell set up if CASH goes below  1270.

We have monthly unemployment tomorrow before the CASH market opens, so it will be interesting to see how the market reacts.

Either way, make sure you have a trading plan and that you are comfortable with the risk – reward associated with your trading plan so you can have the confidence to execute it.

SP-500-Day-Trading-2011-01-07 Continue reading “Futures Trading Levels and Economic Reports for January 7, 2010”

Futures Trading Levels and Economic Reports for January 6th 2011

Posted on by Ilan

Market feels bit heavy right now but then again it felt heavy more than a few times over past few weeks only to find some more legs and go higher….so either way you plan on trading this market, make it exactly that….have a plan and then trade your plan.

I wish all of you a great 2011 in trading and all aspects of life! Continue reading “Futures Trading Levels and Economic Reports for January 6th 2011”

Futures Trading Levels and Economic Reports for December 20, 2010

Posted on by Ilan

Market is acting a bit funny….reason i am saying that is that we are trading at relatively HIGH prices, over 52 weeks highs, yet the volatility is at a very low level….

What i have noticed over the years is the wave pattern of volatility….from extremely high volatility to extremely low volatility and goes again….so now the question is when is the next wave of higher volatility starts?

Have a great weekend, successful trading week ahead ( only 4 trading days next week, with Thursday packed with economic numbers).

I will be out of the office until Jan. 3rd but you will receive levels and reports published by colleague here at cannon.

happy Holidays and great trading in 2011! Continue reading “Futures Trading Levels and Economic Reports for December 20, 2010”

RISK DISCLOSURE: Past results are not necessarily indicative of future results. The risk of loss in futures trading can be substantial, carefully consider the inherent risks of such an investment in light of your financial condition.