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Cheap market to trade?


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  #21 (permalink)
 skyfly 
Texas
 
Posts: 113 since Jun 2010

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

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  #22 (permalink)
 crazyhorse2393 
Boston Ma USA
 
Experience: Intermediate
Platform: NinjaTrader
Trading: EUR/USD
Posts: 5 since Dec 2010
Thanks Given: 1
Thanks Received: 1

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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Last Updated on February 23, 2011


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