Crude vs. The Indexes
- Thread starter John9999
- Start date
Have you recently backtested your trade method on Crude to determine if its suitable to switch from the Emini futures to Crude futures ???
wrbtrader
If you're not doing well with the indexes I don't think you're going to do well with Crude.
Just my opinion, but I'm not sure you can make that generalization.
why trading ES / NQ / TF / YM could be frustrating?
because its movement could be disorganised, jerky, sluggish, messy.
day range could be small, could be huge.
there are some days where its movement is organised / tidy, and it is easy to trade.
Same goes for crude oil.
There are some futures which hardly move eg US bond / notes / eurodollar.
There are some futures which are very violent (heating oil, RB gasoline).
These are very difficult to trade.
So what is the solution?
You have to accept the fact that different futures behave differently.
even for a particular futures, its behaviour/ characteristic changes every day.
For my case, I trade about 20 futures at any one time.
So I can pick and choose what to trade.
because its movement could be disorganised, jerky, sluggish, messy.
day range could be small, could be huge.
there are some days where its movement is organised / tidy, and it is easy to trade.
Same goes for crude oil.
There are some futures which hardly move eg US bond / notes / eurodollar.
There are some futures which are very violent (heating oil, RB gasoline).
These are very difficult to trade.
So what is the solution?
You have to accept the fact that different futures behave differently.
even for a particular futures, its behaviour/ characteristic changes every day.
For my case, I trade about 20 futures at any one time.
So I can pick and choose what to trade.
Last edited:
For whatever reason, I inferred that the OP was referring to intraday trading. If that is indeed the case, then I don't think your approach would apply to him. May I assume that your time horizon is somewhat longer?
I am doing day trading
That seems a bit much.