{"id":15875,"date":"2020-02-20T13:54:04","date_gmt":"2020-02-20T21:54:04","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=15875"},"modified":"2020-03-05T08:00:06","modified_gmt":"2020-03-05T16:00:06","slug":"mini-nasdaq-chart-trading-levels-2-21-2020","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/mini-nasdaq-chart-trading-levels-2-21-2020\/","title":{"rendered":"Mini Nasdaq Chart & Trading Levels 2.21.2020"},"content":{"rendered":"

________________________________________________<\/span><\/b><\/em><\/p>\n

Voted #1 Blog and #1 Brokerage Services on\u00a0TraderPlanet\u00a0<\/a>for 2016!!\u00a0\u00a0<\/span><\/b><\/em><\/p>\n

_________________________________________________<\/span><\/b><\/em><\/p>\n

Dear Traders,<\/p>\n

\n
\n
Like us on FaceBook!<\/div>\n
www.facebook.com\/CannonTrading<\/a><\/div>\n<\/div>\n<\/div>\n
\n
\n
\n
Get Real Time updates on NASDAQ Futures<\/span> and market alerts on Twitter!<\/a><\/div>\n
<\/div>\n<\/div>\n<\/div>\n<\/div>\n
\n
<\/div>\n
<\/div>\n
\n
A word or two about mental stops….<\/div>\n
<\/div>\n
I often hear from clients and prospects that they use “mental stops”…<\/div>\n
<\/div>\n
Take a look at the mini NASDAQ intraday chart from today below and notice the type of move and speed of move that took place…..good luck placing that mental stop $3900 later or more per contract….<\/div>\n
<\/div>\n
If your strategy calls for using stops ( I personally like to have a STOP on any of the short term trades), I highly recommend placing the stops in the system….While I myself have sinned before as well, thinking that “they” can see my stops and are going after my stops…..lets not flatter ourselves too much….UNLESS you are trading some VERY large size, no one is going after the 1 lot, 5 lot, 10 lot or even 50 lots in markets like the mini SP and US bonds ( ZB)….<\/div>\n
<\/div>\n
Getting stopped out is part of the game and for me it is part of trading, if you are not using stops, it is just a question of when “mini black swan even will take place and wipe out your account.<\/div>\n
<\/div>\n
Sorry if I sound a bit harsh above but take it as “tough love”….<\/div>\n
<\/div>\n
Click on the chart to enlarge<\/div>\n<\/div>\n
\"\"<\/div>\n
<\/div>\n<\/div>\n
<\/div>\n
<\/div>\n

Good Trading<\/strong><\/h3>\n

Trading Futures, Options on Futures, NASDAQ Futures,<\/span> and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors.\u00a0 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.<\/p>\n

 <\/p>\n

Futures Trading Levels<\/strong><\/h3>\n

02-21-2020<\/p>\n

\"\"<\/p>\n

\"Futures<\/a><\/p>\n


\n<\/a>Economic Reports, source:\u00a0<\/strong><\/h3>\n
\n
\n
\n
https:\/\/bettertrader.co<\/a><\/div>\n<\/div>\n<\/div>\n<\/div>\n

\"\"<\/p>\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\u00a0here in\u00a0contained are derived from sources believed to be\u00a0reliable,\u00a0but are not guaranteed as to\u00a0accuracy, 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\u00a0judgement\u00a0in trading.<\/p>\n","protected":false},"excerpt":{"rendered":"

________________________________________________ Voted #1 Blog and #1 Brokerage Services on\u00a0TraderPlanet\u00a0for 2016!!\u00a0\u00a0 _________________________________________________ Dear Traders, Like us on FaceBook! www.facebook.com\/CannonTrading Get Real Time updates on NASDAQ Futures and market alerts on Twitter! A word or two about mental stops…. I often hear from clients and prospects that they use “mental stops”… Take a look at the mini […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[67],"tags":[],"class_list":["post-15875","post","type-post","status-publish","format-standard","hentry","category-future-trading-news"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/15875","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=15875"}],"version-history":[{"count":3,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/15875\/revisions"}],"predecessor-version":[{"id":15903,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/15875\/revisions\/15903"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=15875"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=15875"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=15875"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}