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Making a 100 a day

  #16 (permalink)

Dayton, Ohio
 
Trading Experience: Beginner
Platform: TOS
Favorite Futures: GC, CL, Eurodollar
 
Posts: 34 since Nov 2017
Thanks: 25 given, 9 received


lax99 View Post
...One of the things that you need to focus on as a newbie trader is the way in which the market moves. Crude loves to move in 8 tick rotations, the ES in 5 tick rotations, and the treasuries in 4 tick rotations. This means that, in very short timeframes, you are putting yourself at the mercy of the market's harmonic rotations. ...

@lax99 - can you define what "rotations" means?

I've been trading /CL, so if you wouldn't mind, please explain "rotations" in the context of crude oil.

Thank you.

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