Which Futures Market is Right for You? & Support and Resistance Levels 3.21.2019

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Which Market is Right for you?
by: Ilan Levy-Mayer VP Cannon Trading
So you got a taste of the markets and trading and now you are getting more involved, excited and looking to progress. Many questions ahead for you as a trader and as time progresses you will evolve and find out if trading is suitable for you and if so what type of trading, what type of risk capital and other questions that will come up. Many of these will appear as you progress and your knowledge increase. Some of these questions need to be answered before you start trading.
1. How much risk capital do I have?
2. What markets do I want to trade?
3. What style of trading do I want to employ?
The answer to question 1 will vary for each trader based on their financial situation but the bottom line is, make sure you trade with money you can afford to lose.
The answer to question 2 has a few levels: First is what asset class are you looking to trade? Stocks/ equities? perhaps FOREX or maybe futures? Since my area of expertise is futures, commodities and future options I would like to expand on this asset class.
The answer to question 3 deserves a post of it's own....BUT you can read the full article here.
Trading video 101:
How I like to use support and resistance levels
Last Trading

Futures Trading Levels


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.