The potential of a market depends on the range it has, as well as liquidity.
Is there a way to calculate this, because everywhere I hear of the range of the market in association with how tradeable that market is.
For ex: ES, not much range but huge liquidity.
QM, there is range, but no liquidity.
But, which one has more potential to be traded intraday, where can you move the most contracts a long ways?
Is there a way to calculate this, because everywhere I hear of the range of the market in association with how tradeable that market is.
For ex: ES, not much range but huge liquidity.
QM, there is range, but no liquidity.
But, which one has more potential to be traded intraday, where can you move the most contracts a long ways?