Pease List The Slow Futures Markets

Discussion in 'Index Futures' started by Gooby, May 7, 2016.

  1. Gooby

    Gooby

    Hello,

    I know this is the Index Futures forum, but to save time and board space, can a few people list as many of the slowest futures markets that there are, that are still active enough daily for a scalping strategy (for every type of futures, including metals, indexes, bonds, commodities, currencies, etc.)?

    For example, on a futures price ladder, a very slow futures market will have slow bid-ask changes, whereas a very fast futures market will have multiple bid-ask changes per second. Which of all the futures markets have very slow bid-ask changes on price ladders, that are easy for a beginner to follow along with and not have a seizure every time they look at the price ladders? I'm thinking of the bid-asks changing maybe every 10-30 seconds or so, maybe a little more, maybe a little less. Markets for a beginner.

    I could explore on my own, but I don't have my own access to the internet right now and I might be exploring a market in bad or overactive times, etc.
     
  2. wartrace

    wartrace

    LBSN6 Random length lumber contracts are about as slow as it gets. :D

    I take it you are looking for a market? I think you are going about it the wrong way. Instead of wasting your time watching the DOM (depth of market) on a contract you will not end up trading look at a few thicker markets like the bonds for a while. Look at some thinner markets like CL or gold. Look at how they move and decide which market you would be comfortable trading.

    I started looking at Crude and it was too fast for me. I looked at the bonds and Waaaaayyyyyy too slow. I looked at the ES and still too slow. I started looking at the 6E and it seemed to be just right for me. After I decided on a market to trade I invested my time just watching the way it traded. I think you will be doing yourself a disservice by spending ANY time watching an inactive market.
     
    pk3r1234 and K-Pia like this.
  3. Handle123

    Handle123

    Go to Ninjatrader and download for free, then sign up free to Kinetick, Bamm you can now explore on your own for longer term trading, and you can start learning how to program so you can rely on yourself instead of asking others to do your ideas. If you don't have Internet, how did you get on here? For a beginner, you seem to be going down a road that beginners normal don't do well in such as Scalping, the retail costs will eat you alive. You can always buy tick data like everyone else to do better testing.

    Good luck. And if you say you can't afford to buy data, you certainly can't afford to trade either.
     
    wrbtrader likes this.
  4. CBC

    CBC

    Eurodollar is very slow as well.... if by slow you mean not much movement. It has a tonne of volume tho.
     
  5. wartrace

    wartrace

    I am comfortable with the movement in the 6E (euro) contract. Others such as yourself might find it slow and that's why I suggested to the OP to watch several markets for a while.
     
    Last edited: May 8, 2016
  6. K-Pia

    K-Pia

    Eurodollar (GE) != EUR / USD (6E).
     
  7. wartrace

    wartrace

    Whoops. :banghead:
     
    K-Pia likes this.
  8. Outright grains have a pretty 'readable' DOM, although corn is the slowest. If the outrights are still a little spicy for you check out the calendar spreads. Most of time they creep along but like anything they'll jump if there's a catalyst.
     
  9. Handle123

    Handle123

    Down and dirty way to know what goes slow and what goes faster.

    http://tfc-charts.w2d.com/specs/

    Any Init Margin under $1600 is slower than instruments above $1600.
     
    CBC, K-Pia and wartrace like this.
  10. That list is hopelessly out of date. Better to go direct to the source for info such as this.

    e.g. CL Margins
     
    #10     May 9, 2016