Posted By: Ilan Levy-Mayer Vice President, Cannon Trading Futures Blog
Voted #1 Blog and #1 Brokerage Services on TraderPlanet for 2016!!
- Always good to hear your clients trading is improving
- I am in believe that different markets are better for different traders and that it is worth while to explore other markets for trading. I personally like to mix and match 3-5 markets . Sometimes even moving from NQ to MNQ can help.
- When it comes to short term trading my favorites ( personally) are: ES/MES, MNQ ( I feel NQ can be too much at these price levels and you probably need $30k to day trade 1 NQ ), CL, GC, ZB, ZS
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 when it comes to Futures Trading.
Futures Trading Levels
Economic Reports, source:
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.