In This Issue
1. Free Guide: 'Surival Day-Trading' by Ilan Levy-Mayer
2. Margins in High-Volatility Markets
3. Economic Calendar
We featured this article before but with recent volatility and market conditions we find out its worth reading again. It is definitely a must read if you have never read it before and you are a day - trader:
This 3 page article (published in SFO magazine Sept. 2007) offers some practical tips for both newcomers and experienced commodity traders.
The Article details how to calculate daily loss limits and daily profit targets, and provides tips and examples on the following:
Please fill out the short form below to start reading immediately:
What is your day-trading margin? Is it $5600? Maybe $2500 or $500?
With recent volatility, many clearing houses have increased their day-trading margin rates.
Cannon Trading has been in business over 23 years and is one of the first firms to offer online futures trading. Cannon clears through multiple FCM's, which allows us to provide traders with different levels of day-trading margins and different trading software.
Call us at 800-454-9572 (Int'l +310 859 9572)
Contact us to find out how we can tailor our services to meet your margin needs and trading style.
*Day Trade margins are a function of opportunity and risk, the lower the day trade margin the higher the risk.
Source: Moore Research Center, Inc.
| Date | Reports | Expiration & Notice Dates |
| 08/10 Wed |
6:00 AM CDT - MBA Mortgage Purchase Index
9:00 AM CDT - Wholesale Inventories(Jun) 9:30 AM CDT - API & DOE Energy Stats 1:00 PM CDT - Treasury Budget(Jul) |
|
| 08/11 Thu |
7:30 AM CDT - WASDE Report & Crop Production
7:30 AM CDT - USDA Weekly Export Sales 7:30 AM CDT - Initial Claims-Weekly 7:30 AM CDT - Trade Balance(Jun) 9:30 AM CDT - EIA Gas Storgae 3:30 PM CDT - Money Supply |
|
| 08/12 Fri |
7:30 AM CDT - Dairy Products Prices
7:30 AM CDT - Retail Sales(Jul) 8:55 AM CDT - Mich Sentiment(Aug) 9:00 AM CDT - Business Inventories(Jun) |
LT: Aug Lean Hogs(CME)
Aug Soybeans(CBT) Aug Soymeal(CBT) Aug Soyoil(CBT) Aug Eurodollar Options(CME) Aug Lean Hogs Options(CME) Sep Coffee Options(ICE) |
| 08/15 Mon |
7:30 AM CDT - NOPA Crush
7:30 AM CDT - Empire Manufacturing(Aug) 9:00 AM CDT - NAHB Housing Market Index(Aug) |
LT: Aug Eurodollar(CME)
Sep Sugar-11 Options(CME) |
| 08/16 Tue |
7:30 AM CDT - Building Permits & Housing Starts(Jul)
7:30 AM CDT - Import & Export Sales(Jul) 8:15 AM CDT - Industrial Prod & Capacity Util(Jul) |
|
| 08/17 Wed |
6:00 AM CDT - MBA Mortgage Purchase Index 7:30 AM CDT - Core PPI & PPI(Jul) 9:30 AM CDT - API & DOE Energy Stats | LT: Sep Crude Lt Options(NYM) Sep Platinum Options(CMX) Sep Palladium Options(CMX) |
| 08/18 Thu |
7:30 AM CDT - USDA Weekly Export Sales 7:30 AM CDT - Initial Claims-Weekly 7:30 AM CDT - CPI & Core CPI(Jul) 9:00 AM CDT - Existing Home Sales(Jul) 9:00 AM CDT - Leading Indicators(Jul) 9:00 AM CDT - Philadelphia Fed(Aug) 9:30 AM CDT - EIA Gas Storage 3:30 PM CDT - Money Supply | FN: Sep Cocoa(ICE) |
| 08/19 Fri |
7:30 AM CDT - Dairy Products Prices 2:00 PM CDT - Cattle On Feed 2:00 PM CDT - Mushrooms | LT: Aug DJIA Options(CME) Aug E-Mini S&P 500 Options(CME) Aug E-Mini NASDAQ Options(CME) Aug S&P 500 Options(CME) Aug NASDAQ Options(CME) Aug Russell Options(CME) Aug Value Line Options(CME) Sep Cotton Options(CME) Sep Orange Juice Options(ICE) |
| 08/22 Mon |
2:00 PM CDT - Cold Storage | LT: Sep Crude Lt(NYM) |
| 08/23 Tue |
9:00 AM CDT - New Home Sales(Jul) | FN: Sep Coffee(ICE) |
* Please note that the information contained in this letter is intended for clients, prospective clients, and audiences who have a basic understanding, familiarity, and interest in the futures markets.
** The material contained in this letter is of opinion only and does not guarantee any profits. These are risky markets and only risk capital should be used. Past performances are not necessarily indicative of future results.
*** 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 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!