{"id":18459,"date":"2023-05-12T12:12:48","date_gmt":"2023-05-12T20:12:48","guid":{"rendered":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/?p=18459"},"modified":"2023-05-12T12:12:48","modified_gmt":"2023-05-12T20:12:48","slug":"weekly-newsletter-why-most-traders-lose-levels-for-may-15th","status":"publish","type":"post","link":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/weekly-newsletter-why-most-traders-lose-levels-for-may-15th\/","title":{"rendered":"Weekly Newsletter &#8211; Why Most Traders Lose?  + Levels for May 15th"},"content":{"rendered":"<h3 style=\"text-align: center;\"><strong>Cannon Futures Weekly Newsletter Issue # 1144<\/strong><\/h3>\n<p>&nbsp;<\/p>\n<p>Join our\u00a0<a href=\"https:\/\/www.facebook.com\/groups\/1105191589938254\" target=\"_blank\" rel=\"noopener noreferrer\">private Facebook group\u00a0<\/a>for additional insight into trading and the futures markets!<\/p>\n<div>\n<h3>In this issue:<\/h3>\n<ul>\n<li>Important Notices &#8211; Win 1 OZ Gold Bar!<\/li>\n<li>Trading Resource of the Week &#8211; Why Do Most Future traders lose?<\/li>\n<li>Hot Market of the Week &#8211; July Copper<\/li>\n<li>Broker&#8217;s Trading System of the Week &#8211; Browse Hundreds of &#8220;Hands Free&#8221; Systems<\/li>\n<li>Trading Levels for Next Week<\/li>\n<li>Trading Reports for Next Week<\/li>\n<\/ul>\n<\/div>\n<p>&nbsp;<\/p>\n<ul>\n<li>\n<h3>Important Notices &#8211;<\/h3>\n<\/li>\n<\/ul>\n<div>\n<div>\n<h3 align=\"center\">Are you ready to go for gold?<\/h3>\n<p>&nbsp;<\/p>\n<p>Then here is your golden opportunity. CME Group will be launching the Go for Gold Precious Metals Trading Challenge coming this June.<\/p>\n<p>You&#8217;ll have the opportunity to practice trading highly liquid Precious Metals products while competing against other traders for the chance to win the grand prize of a 1 oz. <a href=\"https:\/\/www.cannontrading.com\/tools\/futures-market\/metals\/Gold-Futures\">bar of gold<\/a>*.<\/p>\n<p>During the challenge, you\u2019ll explore our suite of precious metals contracts and test-drive strategies in a simulated environment. We\u2019ll send you exclusive, daily education materials on precious metals contracts in order for you\u00a0to feel prepared to trade and confidently compete against your peers.<\/p>\n<p><a href=\"https:\/\/www.cmegroup.com\/futures_challenge\/challenges\/810\/landing?challenge_sponsored_broker=CannonTrading\" target=\"_blank\" rel=\"noopener\">Get ready to strike gold.<\/a><\/p>\n<p>*Participants will only be eligible to receive a 1 oz. gold bar if permitted in accordance with the applicable laws of their jurisdiction.<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/www.cmegroup.com\/futures_challenge\/challenges\/810\/landing?challenge_sponsored_broker=CannonTrading\" target=\"_blank\" rel=\"noopener\">START DATE<\/a>:\u00a0June 4, 2023<\/p>\n<p>END DATE: June 9, 2023<\/p>\n<p><a href=\"https:\/\/www.cmegroup.com\/futures_challenge\/challenges\/810\/landing?challenge_sponsored_broker=CannonTrading\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/e5a8694f-94ed-4340-91ff-e9ad366cdc83.jpg\" alt=\"\" title=\"\"><\/a><\/p>\n<\/div>\n<div>\n<div><\/div>\n<\/div>\n<div align=\"center\"><\/div>\n<\/div>\n<ul>\n<li>\n<h3>Trading Resource of the Week &#8211; Why do most futures traders lose money and how can you improve your odds?<\/h3>\n<\/li>\n<\/ul>\n<div>\n<div align=\"justify\">\n<div align=\"justify\">\n<div align=\"center\">\n<div align=\"center\">\n<div align=\"center\">\n<div style=\"text-align: left;\">\n<div>Watch the <a href=\"https:\/\/www.cannontrading.com\/community\/newsletter\/Why-do-most-future-traders-lose-money-review-crude-oil-futures-selling-off#one\" target=\"_blank\" rel=\"noopener noreferrer\" data-link-type=\"web\">short recorded webinar<\/a> where Ilan shared some of his observations of why a large percentage of traders lose money trading futures.<\/div>\n<div><\/div>\n<div>*Reasons why most traders lose<\/div>\n<div>*Looking at tools you can utilize and improve your odds<\/div>\n<div>*Review different methods\/concepts of trading<\/div>\n<div>*Ilan shares many tidbits that can help variety of traders<\/div>\n<div>*Ilan answers questions<\/div>\n<div><\/div>\n<div>Watch the recorded webinar which in our opinion contains some of the most valuable advise both new and advanced traders can utilize<\/div>\n<div><\/div>\n<ul>\n<li><a href=\"https:\/\/www.cannontrading.com\/community\/newsletter\/Why-do-most-future-traders-lose-money-review-crude-oil-futures-selling-off#one\" target=\"_blank\" rel=\"noopener noreferrer\" data-link-type=\"web\">Watch the Webinar Now!<\/a><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/r20.rs6.net\/tn.jsp?f=0017RzR1wcU39ny85hiIhSLUGklcl5RJcPVswvPUczYEwMhTybqLIKLLgjTE61WbHEAzZP_6NpsS9kSmybv1SR70Eoyca9K7zs71i7qurtRudVVLPG1OgWZsUL4t2PV6AC_jGeIWWxQIWV1cTC5cZHDwbQ-yfbvhpwABqEry4CtvPjm0QdfmpTMgg==&amp;c=&amp;ch=\" target=\"_blank\" rel=\"noopener noreferrer\">A Cannon broker<\/a>\u00a0will be able to assist, provide feedback and answer any questions.<\/p>\n<div align=\"center\"><\/div>\n<div>\n<p>&nbsp;<\/p>\n<ul>\n<li>\n<h3>Hot Market of the Week &#8211; <a href=\"https:\/\/www.cannontrading.com\/tools\/futures-market\/grains\/Soybean-Meal-Futures\">July soybean meal<\/a><\/h3>\n<\/li>\n<\/ul>\n<\/div>\n<div>\n<div>\n<div>Hot market of the week is provided by QT Market Center,\u00a0A swiss army knife charting package that&#8217;s not just for Hedgers, Cooperatives and Farmers alike but also for Spread traders, Swing traders and shorter time frame application for intraday traders with a unique proprietary indicator that can be applied to your specific trading needs.<\/div>\n<div><\/div>\n<\/div>\n<div><\/div>\n<div>\n<div><a href=\"https:\/\/www.cannontrading.com\/software\/qt-market-center\" target=\"_blank\" rel=\"noopener noreferrer\">FREE TRIAL AVAILABLE<\/a><\/div>\n<\/div>\n<div><\/div>\n<div align=\"center\"><\/div>\n<\/div>\n<div align=\"center\">July copper collapsed to a new low for the move where the chart has met its second downside PriceCount objective. It would be normal to get a near term reaction in the form of a consolidation or corrective trade upon completing the objective. At this point, IF the chart can sustain further weakness, the third count would project a run to the 3.54 area.<\/div>\n<div align=\"center\"><\/div>\n<div align=\"center\">PriceCounts &#8211; Not about where we&#8217;ve been , but where we might be going next!<\/div>\n<div align=\"center\">\n<div class=\"mceTemp\"><\/div>\n<\/div>\n<div align=\"center\"><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/dffdcb65-4e85-40f7-a10e-4aafdb0eb406.jpg\" alt=\"\" title=\"\"><\/div>\n<div><\/div>\n<div>\n<div>The PriceCount study is a tool that can help to project the distance of a move in price. The counts are not intended to be an \u2018exact\u2019 science but rather offer a target area for the four objectives which are based off the first leg of a move with each subsequent count having a smaller percentage of being achieved. It is normal for the chart to react by correcting or consolidating at an objective and then either resuming its move or reversing trend. Best utilized in conjunction with other technical tools, PriceCounts offer one more way to analyze charts and help to manage your positions and risk. Learn more at\u00a0<a href=\"http:\/\/www.qtchartoftheday.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">www.qtchartoftheday.com<\/a><\/div>\n<div><\/div>\n<div>Trading in futures, options, securities, derivatives or OTC products entails significant risks which must be understood prior to trading and may not be appropriate for all investors. Past performance of actual trades or strategies is not necessarily indicative of future results.<\/div>\n<\/div>\n<div style=\"text-align: center;\"><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/3b644da2-2bee-4d39-8d98-5208a20bec39.jpg\" alt=\"\" title=\"\"><\/div>\n<div><\/div>\n<div><\/div>\n<div>\n<ul>\n<li>\n<h3>Hundreds of &#8220;Hands Free&#8221; Automated Systems to Choose from!<\/h3>\n<\/li>\n<\/ul>\n<\/div>\n<div><\/div>\n<div>\n<div>Are you too busy to trade?\u00a0Perhaps you&#8217;re not confident enough and you&#8217;re trading. Maybe you&#8217;re looking to the diversify your own trading with algorithmic trading or what we call automated trading. Browse over 500 trading systems. Review back test results, live results, drawdowns, returns and much more!!<\/div>\n<div><\/div>\n<div><a href=\"https:\/\/cannon.isystems.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">Start Here<\/a><\/div>\n<\/div>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<div><\/div>\n<div>\n<div>\n<div>Sign Up for a<a href=\"https:\/\/www.cannontrading.com\/services\/traders-profile-systems\" target=\"_blank\" rel=\"noopener noreferrer\">\u00a0Free Personalized Consultation<\/a>\u00a0with a Broker from Cannon Trading Company<\/div>\n<div>Questions about the markets? trading? platforms? technology? trading systems? Get answers with a complimentary,\u00a0<a href=\"https:\/\/www.cannontrading.com\/services\/traders-profile-systems\" target=\"_blank\" rel=\"noopener noreferrer\">confidential consultation<\/a>\u00a0with a Cannon Trading Company series 3 broker.<\/div>\n<\/div>\n<div><\/div>\n<\/div>\n<div><\/div>\n<ul>\n<li>\n<h3>Trading Levels for Next Week<\/h3>\n<\/li>\n<\/ul>\n<div><\/div>\n<div style=\"text-align: left;\" align=\"center\"><strong>Daily Levels for May 15th, 2022<\/strong><\/div>\n<div align=\"center\"><\/div>\n<div style=\"text-align: left;\" align=\"center\"><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/ae9646ff-84dd-49f7-8031-6211d22dba6a.jpg\" alt=\"\" title=\"\"><\/div>\n<div style=\"text-align: left;\" align=\"center\"><\/div>\n<p style=\"text-align: left;\"><strong>Weekly Levels<\/strong><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/f85a8c02-9f88-44be-8e4f-63987f5b86a9.jpg\" alt=\"\" title=\"\"><\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li>\n<h3>Trading Reports for Next Week<\/h3>\n<\/li>\n<\/ul>\n<div><\/div>\n<div><strong>First Notice (FN), Last trading (LT) Days for the Week:<\/strong><\/div>\n<div style=\"text-align: left;\" align=\"center\"><a href=\"http:\/\/www.mrci.com\/\" target=\"_blank\" rel=\"noopener noreferrer\">www.mrci.com\u00a0<\/a><\/div>\n<div align=\"center\"><img decoding=\"async\" class=\"alignleft\" src=\"https:\/\/files.constantcontact.com\/3dc00ef7001\/3cf39aef-09e4-49a0-aded-69cfbb5679db.jpg\" alt=\"\" title=\"\"><\/div>\n<div align=\"center\"><\/div>\n<div class=\"pagearrange__layout-row full\" style=\"text-align: left;\" data-row=\"1\">\n<div class=\"pagearrange__layout-column pagearrange__layout-column--full full\" data-column=\"0\">\n<div><\/div>\n<div class=\"pagearrange__layout-cell\" data-cell=\"0\" data-compid=\"Calendar_Copy1\"><\/div>\n<\/div>\n<\/div>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: left;\">This is not a solicitation of any order to buy or sell, but a current market view provided by <a href=\"https:\/\/www.cannontrading.com\/company\/about\">Cannon Trading Inc<\/a>. Any statement of facts herein 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","protected":false},"excerpt":{"rendered":"<p>Cannon Futures Weekly Newsletter Issue # 1144 &nbsp; Join our\u00a0private Facebook group\u00a0for additional insight into trading and the futures markets! In this issue: Important Notices &#8211; Win 1 OZ Gold Bar! Trading Resource of the Week &#8211; Why Do Most Future traders lose? Hot Market of the Week &#8211; July Copper Broker&#8217;s Trading System of [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1379,231,76,230,238],"tags":[1481,1480,1475,1471,1469,1467,1468,1474,1472,1477,1478,1476,1479,1470,1473,1172,1239,40,627,1277,36],"class_list":["post-18459","post","type-post","status-publish","format-standard","hentry","category-weekly-newsletter","category-commodity-brokers-2","category-commodity-trading-2","category-day-trading-2","category-grain-futures","tag-cbot","tag-comex","tag-commoditiesmarket","tag-commoditiestrader","tag-commoditytrading","tag-crudeoil","tag-daytrader","tag-futuresmarket","tag-futurestrader","tag-kcbt","tag-mgex","tag-nymex","tag-smfe","tag-stockindices","tag-swingtrader","tag-cme","tag-commodities","tag-daytrading","tag-futures","tag-globex","tag-gold"],"_links":{"self":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/18459","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=18459"}],"version-history":[{"count":2,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/18459\/revisions"}],"predecessor-version":[{"id":18462,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/posts\/18459\/revisions\/18462"}],"wp:attachment":[{"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/media?parent=18459"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/categories?post=18459"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cannontrading.com\/tools\/support-resistance-levels\/wp-json\/wp\/v2\/tags?post=18459"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}