Weekly Newsletter 1080: 5 Big Mistakes Beginners Should Avoid Making & Futures Support and Resistance Levels for the Week ahead - Support & Resistance Levels

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.

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Weekly Newsletter 1080: 5 Big Mistakes Beginners Should Avoid Making & Futures Support and Resistance Levels for the Week ahead

Cannon Futures Weekly Letter Issue # 1080

Dear Traders,

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Here are some great reminders to start the trading year of 2022.

Trading 101: 5 Big Mistakes Beginners Should Avoid Making

Trading Futures Is A Tough Business, But If You Are One Of The Very Few That Can Succeed, This Could Be A Lucrative Business As Well
Ilan Levy-Mayer |SmallCapPower I have seen quite a bit since I became a broker in 1998. Some war stories to share about the markets, some crazy moves and much more in between. I was trading futures with clients on the sad Sept. 11th 2001 day when the planes hit and the markets were plunging before they were closed for almost a week. I witnessed the meat contracts making limit up and limit down moves over the years and much more…..
As a commodity broker I have observed MANY traders, many of them were new traders, and this allows me to share with you some valuable observations I hope will help you start your futures trading journey on a much smoother road than most.
Here are the FIVE CRUCIAL MISTAKES you need to avoid!
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Good Trading

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

01.03.2022

 

Weekly Levels

 

Reports, First Notice (FN), Last trading (LT) Days for the Week:

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Date Reports/Expiration Notice Dates

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

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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.
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