Registered: Dec 2007
11-17-10 06:06 PM
Quote from Maverick1:
With the compression in volatility in equities, are there any other trading vehicles you've looked at that are worth a try? It seems that with a sub 20 VIX, intraday trading goes from super hard to hyper hard...
I've mostly only traded NQ exclusively for the last 3 yrs, and before then I was trading stocks. CL seems to be pretty volatile so perhaps you can give that a try.
When you focus only on one market, you have to constantly adapt to the fluctuations in volume throughout the day and week. This is what makes it so hard because lower volume means less participants, which makes price behavior change from the normal to high volume. But once you've followed a particular market long enough you develop an intuitive feel for it, and you couple that with sound price action principles, its a deadly combo.
But all that goes out the window if you can't manage yourself personally. That's whole another discussion