I think you'll get 5 major categories of futures markets can trade:
Stock indexes
Currencies
commodities
Ags/grains
Bonds/notes
Each of these markets has many different qualities that will make a good (or bad) adjustment for you as a trader day go down the list and check out what our options are. Stock indexes are by far the most popular.The E-mini ES, YM, NQ and powerful Russell is the four most popular names in traders day mostly because they have the most traffic for retailers like you. before 15 years they did not exist, and have become one of the most active and liquid markets gas.
Stock indexes are bound to a range of markets and trade the entire US trading session from 930 am est and exit at 415 pm est Monday through Friday. Stock indexes are known for having more than the volume traded session moves to make sure that you receive better this morning so I focus this morning, but there are several opportunities in the evenings as well.
Is bound to the region markets means that these stock-index futures like ES won't have major commercial areas in comparison with other markets as commodities or currencies. With lots of liquidity comes the problem of resistance oblique commercial areas, and anyone who knows the ES trades exactly what oblique areas.As to concentrate on the market of low and sale of highs using simple price reversal strategies for markets like stock-index futures because it is bound to the region and will tend to remain within the respective trading areas.
Currencies are some of my favorite shopping portal. Not only do currencies trade 24 hours a day in the world give us plenty of opportunities to trade currencies, but largely associated with the u.s. dollar index, which makes it very easy project direction and commencement.Currencies are considered emission markets, which means they tend to break their highs and lows, rather than remain within their respective regions compared with the stock-index futures, currencies are explosive and moving much faster. I love to buy pullbacks and price breakouts on euro, pound, Aussie and yen.
Futures Traders is where I wanted to make more profit per day for me, and I think you'll agree when you see how well conveyed. crude oil, gold, silver, gas, these markets have scarcely perfect balance of liquidity and volatility to become a dealer day an incredible income. Unlike stock-index futures, commodities tend to explode through previous highs and also it is very easy to trade when going sideways or bound to the region.Commodities trade also almost 24 hours a day just like currencies which make them very attractive to traders from around the world and with turmoil in global markets in the foreseeable future the commodities will be volatile liquids and for decades to come.
I think that crude oil and gold futures are best Handled all options when flat easily., always travel, have low margins, their trade early in the morning (8 am EST) and have many patterns for me to day trade with every day.Gold and crude really is the best friend of trader day for me.
Agricultural and cereals (AGS) is widely known as a very small niche on futures markets really never understood only a few select merchants. is willing to consider crop reports instead of ID cards, and you only have a very small window of time for day trading markets such as wheat, corn and soybeans; small market hours, large margins due to speculation heavily and the need to REALLY know what you are doing this is a very tough market to start without much experience.Most day traders working with wheat, corn and soybeans are actually hedgers working for large farms and large companies, in which the need to cover their crop or supply is a key objective.
Volume is also a major concern for trading seeds, and explains why trading day for seeds/ags have gone through the roof.With heavy speculation in the cost of wheat in the world there have been many times when markets like wheat was "limit up/down ' that are very dangerous for a new trader.If the trading day was like juggling, trading day ags will using 12 balls instead of 3 ...It's just more work than you think.Stick with something much simpler and much easier to work with your problem with high liquidity is that rarely see big moves in the market because there are so many buyers for each sales person receives a minor miracle for the price to move up and down from just 1 tick.
The ES is like this, the Eurostoxx 50 in Germany is like this, and here in the USA have notes, and bonds with excessive volume for its own good. one of the things that you notice write away about the bonds or notes is that they literally "chug" lengthwise, tick tick up and down, never moving ticks more than 1 or 2 at a time ...and I mean never. This is a good thing, if you are looking to trade for longer periods of time because it moves the market takes days and weeks to develop, but if you're like me and want to earn income in minutes rather than days this market will be put to sleep more days.
This market has a rock-bottom margin because there is no volatility, and has a strong dollar index correlation, but with so much liquidity there are very few patterns every day, which really doesn't fit well with a day trader, so I tend to ignore this option.
As you can see there are several options for a day trader, and it should help you make an educated decision on which futures market is best for you.
Find a futures market that fits your personality and finding one that you can trade comfortably is a very tough battle with itself in my review of the best markets for day trading futures markets in my broken 5 major categories; for more information about how I became comfortable with the distribution I please have a look at the links listed below. our blog is a free service offered by trade live calls, snapshots, daily video re-caps and daily market commentary ... hope to see you helping. here live trade. be sure to ask for our free trial week 3.
Look at the markets
Live Trading lessons
Article source: http://ezinearticles.com/?expert=joseph_j_james
0 comments:
Post a Comment