A Career in Futures Trading

Posted on April 20, 2023April 20, 2023 by efuturesadmin

A career in futures trading can be an exciting and rewarding path for individuals interested in finance and investment. Futures traders work to buy and sell contracts for various assets, including commodities, currencies, and interest rates, with the goal of generating profits for themselves or their clients. In this article, we will explore what a career in futures trading entails, the skills required to succeed, and the potential benefits and challenges of this career path.

To start, a career in futures trading typically requires a strong understanding of finance and investment. This may involve obtaining a degree in finance, economics, or a related field, as well as gaining experience through internships or entry-level positions in finance. Additionally, individuals pursuing a career in futures trading should be comfortable with risk, as trading can involve significant fluctuations in the value of contracts and can result in substantial losses.

One of the most important skills for a futures trader is the ability to analyze and interpret market trends and data. This involves staying up-to-date with current events, economic indicators, and global trends that may impact the value of assets being traded. Futures traders must also be able to use complex financial models and software programs to analyze market data and make informed trading decisions.

Another key skill for futures traders is the ability to make quick and decisive decisions under pressure. The fast-paced nature of futures trading requires traders to be able to react quickly to changes in market conditions, and to adjust their strategies accordingly. This requires a strong understanding of risk management and the ability to remain calm and focused in high-stress situations.

In addition to these technical skills, successful futures traders must also possess strong communication and interpersonal skills. Futures trading often involves working closely with clients and other traders, as well as negotiating deals and managing relationships with brokers and other financial professionals. This requires the ability to communicate effectively, build trust and rapport, and maintain professional relationships.

There are a number of potential benefits to pursuing a career in futures trading. For one, futures trading can be a highly lucrative field, with top traders earning significant salaries and bonuses. Additionally, futures trading offers the opportunity for individuals to work in a fast-paced, dynamic environment, where they can apply their knowledge and skills to make informed trading decisions.

However, there are also a number of challenges associated with a career in futures trading. For one, the high-pressure nature of the job can be stressful and demanding, and can require long hours and intense focus. Additionally, futures trading can be a highly competitive field, with many talented and experienced traders vying for top positions.

Finally, it is worth noting that futures trading, like any investment activity, involves a degree of risk. While traders can use various risk management strategies to minimize their exposure to losses, there is always the potential for significant losses, particularly for traders who engage in high-risk strategies or who are not sufficiently experienced or skilled.

In conclusion, a career in futures trading can be an exciting and rewarding path for individuals interested in finance and investment. To succeed in this field, individuals must possess a strong understanding of finance, economics, and market trends, as well as the ability to make quick and informed decisions under pressure. Additionally, individuals pursuing a career in futures trading must be comfortable with risk and possess strong communication and interpersonal skills. While there are potential benefits to pursuing a career in futures trading, there are also a number of challenges and risks associated with this field. As such, individuals considering a career in futures trading should carefully weigh the potential rewards and challenges before making a decision.

Ready to start trading futures? Call 1(800)454-9572 and speak to one of our experienced, Series-3 licensed futures brokers and start your futures trading journey at E-Futures.com today.

Disclaimer – Trading Futures, Options on Futures, and retail off-exchange foreign currency transactions involves substantial risk of loss and is not suitable for all investors. Past performance is not indicative of future results. 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.

Commodity Brokers: A Short History

Posted on April 20, 2023April 20, 2023 by efuturesadmin

commodity brokers

Commodity brokers are a crucial part of the commodities market, acting as intermediaries between buyers and sellers of commodities, such as metals, grains, energy, and livestock. The profession of commodity brokering has a long and rich history, dating back to ancient times.

The earliest known commodities market can be traced back to ancient Sumer, around 4500 BC. At this time, agricultural goods such as barley and wheat were traded using standardized units of measure, and brokers acted as intermediaries between buyers and sellers. These early commodity brokers were responsible for ensuring the quality and quantity of goods exchanged, as well as facilitating fair pricing.

Throughout history, commodity brokering continued to be an important part of trade and commerce. In ancient Greece and Rome, brokers facilitated the trade of a wide range of commodities, including grain, wine, and olive oil. The Roman Empire even had a state-run commodities exchange, the Aerarium, which facilitated the trade of goods such as salt and wheat.

During the Middle Ages, commodity brokering continued to play a key role in trade and commerce. In Europe, merchants would gather in trading towns and markets to exchange goods, and brokers were responsible for negotiating prices and ensuring that transactions were fair and equitable.

The modern profession of commodity brokering began to take shape in the 19th century, as the industrial revolution spurred increased demand for raw materials such as coal, iron, and steel. As the commodities market grew more complex, specialized brokers emerged, focusing on specific markets and commodities.

In the United States, the Chicago Board of Trade (CBOT) was founded in 1848, and quickly became a hub for commodities trading, particularly for agricultural commodities such as wheat and corn. Brokers at the CBOT played a crucial role in facilitating trade and ensuring that transactions were fair and transparent.

Over time, commodity brokering has evolved to keep pace with changes in technology and the global economy. Today, many commodity brokers use sophisticated computer systems and algorithms to track market trends and make trades, and they may specialize in a wide range of commodities, from precious metals to energy futures.

Despite the evolution of technology and the changing nature of the commodities market, the core function of the commodity broker remains the same: to act as an intermediary between buyers and sellers, and to ensure that transactions are fair, transparent, and efficient.

One of the key benefits of using a commodity broker is the expertise and guidance that they can provide. A skilled broker can help clients navigate the complexities of the commodities market, and can provide valuable insights and analysis to inform trading decisions. Additionally, brokers can help clients manage risk, by providing advice on hedging strategies and by ensuring that transactions are executed at fair prices.

Another benefit of working with a commodity broker is access to specialized trading platforms and tools. Many brokers offer sophisticated trading platforms that allow clients to make trades quickly and efficiently, and to track market trends in real-time. Additionally, brokers may offer access to research and analysis tools, such as market reports and price charts, which can help clients make informed trading decisions.

The profession of commodity brokering continues to play a crucial role in the commodities market. By facilitating trade and ensuring that transactions are fair and efficient, commodity brokers help to keep the market functioning smoothly, and provide valuable guidance and support to traders and investors alike. As the commodities market continues to evolve and grow, the role of the commodity broker is likely to remain essential.

Ready to start trading futures? Call 1(800)454-9572 and speak to one of our experienced, Series-3 licensed futures brokers and start your futures trading journey at E-Futures.com today.

An Introduction to CannonPro (and other futures trading platforms)

Posted on April 20, 2023April 20, 2023 by efuturesadmin

An Introduction to CannonPro (and other futures trading platforms)
Futures trading platforms have become an essential tool for traders in the futures market. These platforms provide traders with the ability to access market data, analyze market trends, and execute trades in real-time. There are many futures trading platforms available in the market, each with its unique features and capabilities. One such platform is CannonPro, offered by Cannon Trading Company. In this article, we will compare CannonPro to other futures trading platforms and examine its key features and benefits.

First, let us consider the importance of a futures trading platform. A futures platform is a software application that provides traders with access to market data and allows them to execute trades in real-time. These platforms offer a range of features, including charting tools, technical indicators, and risk management tools, which allow traders to analyze market trends and make informed trading decisions. Additionally, futures platforms provide traders with access to a range of trading instruments, including commodities, currencies, and interest rates, which can be traded in a range of markets, including futures exchanges.

One of the most significant benefits of using a futures trading platform is the ability to execute trades in real-time. This means that traders can react quickly to changes in market conditions and take advantage of opportunities as they arise. Additionally, futures trading platforms offer a range of order types, including market orders, limit orders, and stop orders, which allow traders to customize their trading strategies and manage their risk exposure.

Now let’s look at CannonPro from Cannon Trading Company. CannonPro is a futures trading platform that offers a range of features and benefits for traders. One of the key advantages of CannonPro is its user-friendly interface, which makes it easy for traders to access market data and execute trades. Additionally, CannonPro offers a range of trading tools, including charting and technical analysis tools, as well as risk management tools such as stop-loss orders.

Another key benefit of CannonPro is its connectivity to multiple futures exchanges. This means that traders can access a range of markets, including commodities, currencies, and interest rates, and can trade a variety of futures contracts, including futures options and mini contracts. Additionally, CannonPro offers low commission rates and competitive pricing, which makes it an attractive option for traders looking to minimize their trading costs.

When comparing CannonPro to other futures trading platforms, there are a number of factors to consider. One of the key considerations is the range of features and tools offered by the platform. For example, some platforms offer advanced charting tools and technical indicators, while others focus more on risk management tools and order types. Additionally, some platforms may offer access to a wider range of markets or exchanges, while others may offer more competitive pricing.

Another important factor to consider when comparing futures trading platforms is the level of customer support and service offered. Some platforms may offer 24/7 customer support, while others may have limited support hours or rely more on self-help resources such as tutorials and documentation. Additionally, it is important to consider the level of security and reliability offered by the platform, including the use of encryption and other security measures to protect user data and prevent unauthorized access.

In conclusion, futures trading platforms are an essential tool for traders in the futures market. These platforms offer a range of features and benefits, including real-time market data, advanced trading tools, and the ability to execute trades in real-time. CannonPro, offered by Cannon Trading Company, is a popular futures trading platform that offers a range of features and benefits for traders. When comparing CannonPro to other futures trading platforms, it is important to consider factors such as the range of features and tools offered, the level of customer support and service, and the level of security and reliability provided by the platform. By carefully evaluating these factors, traders can select a futures trading platform that best meets their needs and objectives.

Ready to start trading futures? Call 1(800)454-9572 and speak to one of our experienced, Series-3 licensed futures brokers and start your futures trading journey at E-Futures.com today.

Why do I need a Commodities Broker?

Posted on April 20, 2023April 20, 2023 by efuturesadmin

commodity brokers

Commodity brokers are professionals who assist clients in buying and selling commodities, such as agricultural products, energy, metals, and other raw materials. They act as intermediaries between buyers and sellers in the commodity markets and provide various services related to commodity trading.

One of the primary benefits of using a commodity broker is that they offer specialized knowledge and expertise in the commodity markets. They stay up to date with market trends, news, and events that could impact the prices of commodities. They also have access to a wide range of resources and tools, such as market analysis, research reports, and trading platforms, that can help clients make informed decisions about their trades.

Another advantage of using a commodity broker is that they provide access to a broader range of commodity markets than most individual traders can access. For example, if a trader wants to invest in the wheat market, they may not have access to all the different wheat contracts available. However, a commodity broker can provide access to a broader range of wheat contracts, as well as other related markets, such as corn and soybeans.

Commodity brokers also offer personalized service and support to their clients. They work closely with their clients to understand their trading goals, risk tolerance, and investment strategies. They can provide advice and guidance on commodity trading, such as when to enter or exit a trade, how to manage risk, and how to maximize returns. They can also offer customized trading solutions based on the client’s unique needs and preferences.

In addition, commodity brokers can provide access to various trading instruments, such as futures contracts and options. Futures contracts are agreements to buy or sell a specific commodity at a predetermined price and date in the future. Options give the holder the right, but not the obligation, to buy or sell a commodity at a specific price and date in the future. Commodity brokers can help clients choose the best trading instruments for their investment goals and risk profile.

Commodity brokers also offer competitive pricing and fees for their services. They typically charge a commission for each trade. The commission rates may vary depending on the type of commodity, the trading volume, and other factors. However, commodity brokers often offer lower commissions than traditional brokers, making them an attractive option for commodity traders.

Another benefit of using a commodity broker is that they can provide access to margin trading. Margin trading can increase their potential profits but also increase their risk. Commodity brokers can help clients understand the risks and benefits of margin trading and provide guidance on how to use it effectively.

Finally, commodity brokers offer convenience and flexibility in commodity trading. They provide online trading platforms that allow clients to access commodity markets from anywhere and at any time. They also offer mobile trading apps that enable clients to trade commodities on the go. Moreover, commodity brokers offer a range of account types, such as individual, joint, corporate, and retirement accounts, to suit different client needs.

In conclusion, commodity brokers offer a range of benefits to traders who want to invest in commodities. They provide specialized knowledge and expertise in commodity trading, access to a broad range of markets and trading instruments, personalized service and support, competitive pricing and fees, access to margin trading, and convenience and flexibility in trading. Therefore, if you are interested in commodity trading, it is worth considering using a commodity broker to help you achieve your investment goals.

Ready to start trading futures? Call 1(800)454-9572 and speak to one of our experienced, Series-3 licensed futures brokers and start your futures trading journey at E-Futures.com today.

Gold to Silver Ratio + Futures Trading Levels for April 19th 2023

Posted on April 18, 2023 by efuturesadmin

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What is the Gold to Silver Ratio?

By John Thorpe, Senior Broker

As inflation has taken the top step in conversations about the global economy and the resultant effects that longer term inflation has on purchasing power we have begun to witness precious metals prices rise for a number of reasons. I suggest current demand for these metals are reflecting inflationary hedges, deflationary protection, supply constraints and Geopolitical uncertainty, especially in the age of Fiat currency. Many “Gold Bugs” follow what is called the Gold /Silver ratio. The gold-to-silver ratio is a measure of how many ounces of silver it takes to buy one ounce of gold. It is calculated by dividing the current price of gold by the current price of silver.

Historically, the gold-to-silver ratio has fluctuated widely. In ancient Rome, the ratio was set at 12:1, meaning it took 12 ounces of silver to buy one ounce of gold. In the 20th century, the ratio averaged around 47:1, but has ranged from as low as 16:1 during times of economic prosperity to as high as 100:1 during times of economic crisis.

Today, the gold-to-silver ratio is often used as an indicator of economic health. When the ratio is low, it is seen as a sign of a strong economy and bullish market sentiment, as investors are willing to take on more risk and invest in silver. When the ratio is high, it is seen as a sign of economic uncertainty or a bearish market sentiment, as investors flock to gold as a safe-haven asset.

Today the Ratio is @ 79.83 and dynamic. Here is graphical representation of 100 years of data provided by Macrotrends.com

It’s important to note that the gold-to-silver ratio is just one indicator among many that investors use to assess market conditions, and should not be relied on in isolation.

Plan your trade and trade your plan.

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 when it comes to Futures Trading.

Futures Trading Levels

4-19-2023

#ES, #NQ, #YM, #RTY, #XBT, #GC, #SI, #CL, #ZB, #6E, #ZC, #ZW, #ZS, #ZM, #NG

Economic Reports, Source:

Forexfactory.com

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 here in 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 judgement in trading.

Author: efuturesadmin

A Career in Futures Trading

Commodity Brokers: A Short History

An Introduction to CannonPro (and other futures trading platforms)

Why do I need a Commodities Broker?

Gold to Silver Ratio + Futures Trading Levels for April 19th 2023

What is the Gold to Silver Ratio?

Futures Trading Levels

Economic Reports, Source:

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Education

Software

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