{"id":10531,"date":"2015-11-11T13:07:07","date_gmt":"2015-11-11T21:07:07","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=10531"},"modified":"2017-09-14T04:31:28","modified_gmt":"2017-09-14T12:31:28","slug":"good-vs-bad-trading-futures-11-12-2015","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/good-vs-bad-trading-futures-11-12-2015\/","title":{"rendered":"Good vs Bad Trading Futures 11-12-2015"},"content":{"rendered":"

Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed.
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1.\u00a0Market Commentary<\/a><\/strong>
\n2.\u00a0Futures Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index<\/a><\/strong>
\n3.\u00a0Commodities Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds<\/a><\/strong>
\n4.\u00a0Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver<\/a><\/strong>
\n5.\u00a0Futures Economic Reports for Thursday November 12, 2015<\/a><\/strong><\/p>\n

Hello Traders,<\/strong><\/p>\n

For 2015 I would like to wish all of you discipline and patience in your trading!<\/em><\/p>\n

Voted #1 futures trading blog!
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The Good Voice versus The Bad Voice<\/h2>\n
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How many times has this happened to you?<\/strong><\/div>\n
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You have a client who knows how to make money<\/strong>. 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.<\/div>\n
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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.”<\/div>\n
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The Bad Voice:<\/strong> 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.<\/div>\n
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This comes from the inability to accept loss. I have had this happen to me numerous times as a trader. Trading is tough mentally and emotionally, which is why it’s smart to have a solid game plan to serve and follow. Following through with a plan will make the Good Voice strong. It will give you a sense of accomplishment and direction. The Bad Voice<\/strong> will only come in when you are lost or too emotional. The Good Voice<\/strong> will tell you not to double down or just keep the stop. Ground yourself when the Bad Voice starts to whisper to go ahead and reverse the position and double it.<\/div>\n
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Ultimately it takes experience -good and bad- to help build the muscles and endurance that makes listening to the Good Voice strong. So if you’re starting out, remember to step away when the Bad Voice enters your head and reconnect with your game plan. It’ll make your trading all the better.<\/div>\n<\/div>\n
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Check out our\u00a0Trading Systems section!<\/a><\/div>\n

Many ways to trade any market, many ways to lose money in any market and only very few ways to lock in gains. If you need help creating a trading plan,\u00a0visit our broker assist services<\/a>.
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GOOD TRADING<\/strong><\/p>\n<\/div>\n<\/div>\n

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.<\/p>\n

If you like Our Futures Trading Daily Support and Resistance Levels, Please share!<\/strong><\/p>\n

Futures Trading Levels<\/a><\/strong><\/p>\n

\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Contract Dec. 2015<\/td>\nSP500<\/td>\nNasdaq100<\/td>\nDow Jones<\/td>\nMini Russell<\/td>\nDollar Index<\/td>\n<\/tr>\n
Resistance 3<\/td>\n2100.08<\/td>\n4710.42<\/td>\n17904<\/td>\n1203.10<\/td>\n99.75<\/td>\n<\/tr>\n
Resistance 2<\/td>\n2093.67<\/td>\n4692.58<\/td>\n17852<\/td>\n1197.40<\/td>\n99.54<\/td>\n<\/tr>\n
Resistance 1<\/td>\n2080.83<\/td>\n4660.92<\/td>\n17748<\/td>\n1186.00<\/td>\n99.29<\/td>\n<\/tr>\n
Pivot<\/td>\n2074.42<\/td>\n4643.08<\/td>\n17696<\/td>\n1180.30<\/td>\n99.09<\/td>\n<\/tr>\n
Support 1<\/td>\n2061.58<\/td>\n4611.42<\/td>\n17592<\/td>\n1168.90<\/td>\n98.84<\/td>\n<\/tr>\n
Support 2<\/td>\n2055.17<\/td>\n4593.58<\/td>\n17540<\/td>\n1163.20<\/td>\n98.63<\/td>\n<\/tr>\n
Support 3<\/td>\n2042.33<\/td>\n4561.92<\/td>\n17436<\/td>\n1151.80<\/td>\n98.38<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Contract<\/td>\nDec. Gold<\/td>\nDec. Silver<\/td>\nDec. Crude Oil<\/td>\nDec. Bonds<\/td>\nDec. \u00a0 Euro<\/td>\n<\/tr>\n
Resistance 3<\/td>\n1101.3<\/td>\n14.69<\/td>\n45.33<\/td>\n153<\/td>\n1.0848<\/td>\n<\/tr>\n
Resistance 2<\/td>\n1097.4<\/td>\n14.59<\/td>\n44.72<\/td>\n152 23\/32<\/td>\n1.0813<\/td>\n<\/tr>\n
Resistance 1<\/td>\n1091.0<\/td>\n14.43<\/td>\n43.84<\/td>\n152 15\/32<\/td>\n1.0780<\/td>\n<\/tr>\n
Pivot<\/td>\n1087.1<\/td>\n14.33<\/td>\n43.23<\/td>\n152 6\/32<\/td>\n1.0745<\/td>\n<\/tr>\n
Support 1<\/td>\n1080.7<\/td>\n14.17<\/td>\n42.35<\/td>\n151 30\/32<\/td>\n1.0712<\/td>\n<\/tr>\n
Support 2<\/td>\n1076.8<\/td>\n14.07<\/td>\n41.74<\/td>\n151 21\/32<\/td>\n1.0677<\/td>\n<\/tr>\n
Support 3<\/td>\n1070.4<\/td>\n13.91<\/td>\n40.86<\/td>\n151 13\/32<\/td>\n1.0644<\/td>\n<\/tr>\n
<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
Contract<\/td>\nDec. Corn<\/td>\nDec. Wheat<\/td>\nJan Beans<\/td>\nDec. SoyMeal<\/td>\nDec. Nat Gas<\/td>\n<\/tr>\n
Resistance 3<\/td>\n368.0<\/td>\n506.5<\/td>\n870.67<\/td>\n298.23<\/td>\n2.43<\/td>\n<\/tr>\n
Resistance 2<\/td>\n365.8<\/td>\n502.3<\/td>\n866.08<\/td>\n296.27<\/td>\n2.39<\/td>\n<\/tr>\n
Resistance 1<\/td>\n364.0<\/td>\n498.5<\/td>\n863.42<\/td>\n295.13<\/td>\n2.33<\/td>\n<\/tr>\n
Pivot<\/td>\n361.8<\/td>\n494.3<\/td>\n858.83<\/td>\n293.17<\/td>\n2.29<\/td>\n<\/tr>\n
Support 1<\/td>\n360.0<\/td>\n490.5<\/td>\n856.2<\/td>\n292.0<\/td>\n2.2<\/td>\n<\/tr>\n
Support 2<\/td>\n357.8<\/td>\n486.3<\/td>\n851.58<\/td>\n290.07<\/td>\n2.19<\/td>\n<\/tr>\n
Support 3<\/td>\n356.0<\/td>\n482.5<\/td>\n848.92<\/td>\n288.93<\/td>\n2.13<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n
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Economic Reports<\/strong><\/div>\n

source:http:\/\/www.forexfactory.com\/calendar.php<\/a><\/h3>\n

All times are Eastern time Zone (EST<\/a>)<\/h3>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Date<\/th>\n3:52pm<\/a><\/th>\nCurrency<\/th>\nImpact<\/th>\n<\/th>\nDetail<\/th>\nActual<\/th>\nForecast<\/th>\nPrevious<\/th>\nGraph<\/th>\n<\/tr>\n<\/thead>\n
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ThuNov 12<\/td>\n<\/a>\u00a02:00am<\/td>\nEUR<\/td>\n<\/td>\nGerman Final CPI m\/m<\/td>\n<\/td>\n<\/td>\n0.0%<\/td>\n0.0%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n2:45am<\/td>\nEUR<\/td>\n<\/td>\nFrench CPI m\/m<\/td>\n<\/td>\n<\/td>\n0.1%<\/td>\n-0.4%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n3:30am<\/td>\nEUR<\/td>\n<\/td>\nECB President Draghi Speaks<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n5:00am<\/td>\nEUR<\/td>\n<\/td>\nIndustrial Production m\/m<\/td>\n<\/td>\n<\/td>\n-0.1%<\/td>\n-0.5%<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n5:30am<\/td>\nEUR<\/td>\n<\/td>\nECB President Draghi Speaks<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n8:30am<\/td>\nUSD<\/td>\n<\/td>\nUnemployment Claims<\/td>\n<\/td>\n<\/td>\n270K<\/td>\n276K<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n9:30am<\/td>\nUSD<\/td>\n<\/td>\nFed Chair Yellen Speaks<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n10:00am<\/td>\nUSD<\/td>\n<\/td>\nJOLTS Job Openings<\/td>\n<\/td>\n<\/td>\n5.39M<\/td>\n5.37M<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n10:15am<\/td>\nUSD<\/td>\n<\/td>\nFOMC Member Evans Speaks<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n11:00am<\/td>\nUSD<\/td>\n<\/td>\nCrude Oil Inventories<\/td>\n<\/td>\n<\/td>\n0.8M<\/td>\n2.8M<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n12:15pm<\/td>\nUSD<\/td>\n<\/td>\nFOMC Member Dudley Speaks<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n1:01pm<\/td>\nUSD<\/td>\n<\/td>\n30-y Bond Auction<\/td>\n<\/td>\n<\/td>\n<\/td>\n2.91|2.5<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n2:00pm<\/td>\nUSD<\/td>\n<\/td>\nFederal Budget Balance<\/td>\n<\/td>\n<\/td>\n-130.2B<\/td>\n91.1B<\/td>\n<\/td>\n<\/tr>\n
<\/td>\n6:00pm<\/td>\nUSD<\/td>\n<\/td>\nFOMC Member Fischer Speaks<\/td>\n<\/td>\n<\/td>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

This is not a solicitation of any order to buy or sell, but a current market view provided by Cannon Trading Inc<\/a>. 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 judgment in trading.<\/p>\n

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Connect with Us! Use Our Futures Trading Levels and Economic Reports RSS Feed. 1.\u00a0Market Commentary 2.\u00a0Futures Support and Resistance Levels – S&P, Nasdaq, Dow Jones, Russell 2000, Dollar Index 3.\u00a0Commodities Support and Resistance Levels – Gold, Euro, Crude Oil, T-Bonds 4.\u00a0Commodities Support and Resistance Levels – Corn, Wheat, Beans, Silver 5.\u00a0Futures Economic Reports for Thursday […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[67],"tags":[893,15,16,892],"class_list":["post-10531","post","type-post","status-publish","format-standard","hentry","category-future-trading-news","tag-bad-trading-futures","tag-commodity-trading","tag-futures-trading","tag-good-trading-futures"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/10531","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/comments?post=10531"}],"version-history":[{"count":5,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/10531\/revisions"}],"predecessor-version":[{"id":13194,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/10531\/revisions\/13194"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=10531"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=10531"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=10531"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}