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  1. CannonTrading_Ilan

    Swingtrading with options

    take a way some of the time value built in to the options by selling above/ using the market money. You give up possible "extra profit" but I personally believe it is a better way, depending on how much time you are looking to buy, strike prices etc.
  2. CannonTrading_Ilan

    How do you legally trade/manage other peoples money?

    If this is on the futures side of trading, I can give you the step by step of how to do it along with some very valuable insight along the way..... Let me know, PM me either way.
  3. CannonTrading_Ilan

    Total value of Gold Market, including futures, paper, jewelry, and metal

    155 thousand metric tons is a number that is commonly thrown around.....
  4. CannonTrading_Ilan

    Second based charts for Daytrading?

    I like range bar charts for charts under 10 minutes time frame. On ES I use 10 ticks range bar. Crude I use 19 ticks. NQ 23 ticks. Try and see if the range bar charts filter the noise and help. For some it really helps, for others not so much,,,depends on the underlying strategy. You can see...
  5. CannonTrading_Ilan

    What are some Basic Strategies that have Worked for You?

    in the options/futures field, I lean towards "using the markets money to finance trades", examples are ratio spreads, backspreads and vertical call spreads, vertical put spreads. Depending on the volatility I will look to utilize one of these 3 strategies.
  6. CannonTrading_Ilan

    Can anyone compete with IBs margin rates?

    Like @Robert Morse said, some of us are talking about futures margins and day trading margins and some are talking about equities lending/borrowing. Cannon does not offer equities, only futures, options on futures and forex. been doing so since 1988. Day trading margins for day trading the ES...
  7. CannonTrading_Ilan

    FATFINGER China Trader Popped the CSI500 futures by 500 pt

    wow....not very liquid and in the past I have seen the CME bust similar trades here in the US but not sure how it works over in China.
  8. CannonTrading_Ilan

    How to improve my risk management for daytrading.

    From my colleague, Joe Easton who follows stock index futures very closely daily: When trading ES you need to consider points, more than account size and certainly more than percentages. Due to the high leverage using percentages equates to irrelevant information. For example; risking 2.5% of...
  9. CannonTrading_Ilan

    Can anyone compete with IBs margin rates?

    On the futures side we DO MUCH Better....
  10. CannonTrading_Ilan

    TradeStation charging margin liquidation fee during 15 minute halt

    The closing price will sometimes vary based on the platform and vendor when it comes to the Index futures like ES. The official CME equity settlement is based on the 4:15 PM close. As far as margins are concerned, we like to see our clients fully margined by 4:55 PM EST or 5 minutes before the...
  11. CannonTrading_Ilan

    Crude Oil - CL specifically

    This market wants to retest the significant previous support @ $52.00 that was recently broken ( now becoming a resistance), A test of $52.00 would also buttress against the inside top, of a down trending channel. That will be the inflection point for either a trend change or confirmation yet...
  12. CannonTrading_Ilan

    ES mini futures ahead of NFP release

    Feel free to use our demo account free and test the idea: Live Demo
  13. CannonTrading_Ilan

    NQ breaking all times broke jan 24 high

    Monthly chart is unreal...in hindsight the bottom line is dont fight the Fed until it is clear it failed....easier said than done....
  14. CannonTrading_Ilan

    API for Cash Prices?

    not API but www.mrci.com has a lot of good info, historical prices and resources. If you need a free trail, PM me
  15. CannonTrading_Ilan

    What time is the best to trade the BUND?

    I see no reason why not to....try, keep notes, journal, be aware of any possible reports or data that affect this market.
  16. CannonTrading_Ilan

    Increase in Market Data Fees and Exchange Transaction fees. EFFECTIVE 2-01-2020

    CME Increases Market Data Fees for (CME, CBOT, NYMEX, & COMEX) to $10.00 a month per exchange or $30.00 for the bundle for NON PRO users. Also CME is increasing exchange transaction fees per side for stock index futures. All information for CME increase in fees can be found here...
  17. CannonTrading_Ilan

    New to trading futures, how to hold positions longer without too much downside

    There are quite a bit margin breaks as well as ability to execute these as spreads. The breaks are normally for overnight trading as the day trading margins are already much lower ( example $500 for DT an ES futures) I am happy to go over specific examples / questions you have and run the margin...
  18. CannonTrading_Ilan

    Correlation between /ES and /CL + /ES and /GC

    Facts are, these markets have been positively correlated over the past 180 days on a closing basis 51% and 53% of the time respectively suggesting a "Random Walk" relationship. If you would like more information about that data please ( free trial), don't hesitate to PM.
  19. CannonTrading_Ilan

    New to trading futures, how to hold positions longer without too much downside

    the price goes the right way part of the equation is good...however what happens if price does not hit the target to sell the call and goes against you to begin with?
  20. CannonTrading_Ilan

    New to trading futures, how to hold positions longer without too much downside

    I actually like the idea...depending on targets/time holding the trade etc. you can use the money u got from selling the call to buy a put in case market reverses...then we need to look at total math...how many point you got, cost of put, how much profit in the futures position etc.
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