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What other markets trade like the CL
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What other markets trade like the CL

  #11 (permalink)
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Ryanb View Post
if you like the speed you really need to check out FDAX

FDAX also has a great tick value/commission ratio.

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  #12 (permalink)
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FDAX is a pretty lady with long legs, she will sing to you when you trade something else, so you will go back every time.

She will kill you in a snap, because you will be blinded by love....

You have been warned.

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  #13 (permalink)
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Ryanb View Post
if you like the speed you really need to check out FDAX

FDAX margins are like 2-3x CL, if I remember correctly. And as others have said, it is a beast.

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  #14 (permalink)
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Big Mike View Post
FDAX margins are like 2-3x CL, if I remember correctly. And as others have said, it is a beast.

Mike

The margin requirement is about 3 times the margin requirement for CL. The reason is the contract size

CL: contract value = multiplier x current price = 1000 x $ 110 = $ 110,000
FDAX: contract value = multiplier x current price = 25 x 7,500 € = 187,500 € or $ 280,000

If I assume that you want to trade 2 contracts, you should have an account of at least $ 100,000 to trade FDAX. For CL an account of
$ 40,000 will do. Otherwise FDAX is similar to CL in terms of volatility. However, it is connected to the underlying index, so you will not find the same type of upward spikes as for CL. Also FDAX can be traded in the European morning, where as CL will only show high volatility in the afternoon.

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  #15 (permalink)
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My humble experience reminds me moments that the dax jumps faster than cl did.

I lost money fast in CL but I lost money bigger in the dax, and it felt even faster :-)

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  #16 (permalink)
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for all out insanity try the NG (natural gas) or SI (full size silver).

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  #17 (permalink)
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MetalTrade View Post
My humble experience reminds me moments that the dax jumps faster than cl did.

I lost money fast in CL but I lost money bigger in the dax, and it felt even faster :-)

very true... the DAX was a beast. I still get a kick out of the older youtube videos around.

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  #18 (permalink)
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Dale Box View Post
for all out insanity try the NG (natural gas) or SI (full size silver).

I see SI on the Velocity leaderboard all the time near the top, tons of guys making a killing. Tons more losing I imagine

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  #19 (permalink)
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Big Mike View Post
I see SI on the Velocity leaderboard all the time near the top, tons of guys making a killing. Tons more losing I imagine

Mike

Silver has been a little insane the last two weeks. I think it had a range of 1000 ticks yesterday, almost 700 today. For perspective CL daily range is sitting at 274 right now, Gold 380, Euro 149, Russel 194, Nat Gas, 124. As far as I can tell, it's the most volatile futures market right now. Also, silver has had some nasty unexpected bid ask spreads, and big micro-second spikes. At $25 a tick it'll make even a dead man feel something. That said, its usually one of my favorite markets to trade, but it sure is dangerous these days.

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  #20 (permalink)
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Fat Tails View Post
................................................................................................................................................
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Also FDAX can be traded in the European morning, where as CL will only show high volatility in the afternoon.

Lately, at least from feb when i started to trade almost esclusively CL and BNR, they both move really well in the EU morning session, and in a more tradable way, less fastest jumps. Who like CL, maybe will like BRN too, it move in the same fashion of CL, and the two are high correlated, BRN often jumps more, ie jumps quickly more ticks, it is good when it goes in your side, but can slip your stop of more ticks of CL.

Take your Pips, go out and Live.
Luke.
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