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Cheap market to trade?
Started:February 20th, 2011 (11:44 PM) by skyfly Views / Replies:2,621 / 21
Last Reply:February 23rd, 2011 (10:33 PM) Attachments:1

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Cheap market to trade?

Old February 23rd, 2011, 07:42 PM   #21 (permalink)
Membership Temporarily Revoked
Futures Experience: Intermediate
Platform: Ninja Trader
Favorite Futures: TF
Posts: 113 since Jun 2010
Thanks: 8 given, 51 received

Another question about Cheap Markets

Well after reading all of the posts which I very much appreciate I have another question. My intention is to trade the TF. Now I have traded it before, but not sucessfuly. My strategy though works on the TF, would it not work else where? What do you guys think? I've included a screen shot. It is a 9 range chart

Attached Thumbnails
Cheap market to trade?-tf-03-11-9-range-2_23_2011.jpg  
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Old February 23rd, 2011, 10:33 PM   #22 (permalink)
Elite Member
Boston Ma USA
Futures Experience: Intermediate
Platform: NinjaTrader
Favorite Futures: EUR/USD
Posts: 5 since Dec 2010
Thanks: 1 given, 1 received

Different instruments trade differently and require different settings and setups and personalities to trade them. Some instruments are very choppy with very little trending and others are much smoother and trend easier so you really have to know what you're trading.

I think you're better off learning what your personality and trading style are and then choosing an instrument that fits your natural tendencies. Are you a high strung, turn and burn, pin your ears back type of guy or are you a laid back, rock on the porch, and watch the grass grow type person? How you answer that question will tell you a lot about what you should and shouldn't be trading.

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