there is a party in CL everyday and u monkeys are trading ES then u wonder why u lose

Quote from chewbacca:

market selection is the #1 most important rule of trading

never trade dead, trendless, limp markets

more volitility = more emotion = more inefficiency = more profits

ES is okay for swing trades and huge trend days but to daytrade it every single day is just a waste
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LOL. I wouldn't call the equity futures market limp but CL + RB + GC is definitely much better to trade if volatility is your bread and butter.
 
CL is a wild beast you can lose money just as fast as you make money and slippage is an issue if you attempt to do size.

If you can handle this beast one trade a day setups are possible but beware, fast bucks = fast loses.
 
here's a better idea..trade gold, nq, oil, ym, russell, bonds, t'notes, and es


only trade the markets that are showing your best setups, trade with the trend, cut your risk on losers, and let winners run.


This is not magic or no secret revelation. I do this everyday with much success.

Hint hint: there is a trend somewhere everyday.
 
Quote from TokyoGhetto:

CL is a wild beast you can lose money just as fast as you make money and slippage is an issue if you attempt to do size.

If you can handle this beast one trade a day setups are possible but beware, fast bucks = fast loses.
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Oh Yeah, the CL is a bitch of a contract.
 
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