Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

jjf

Best Symbols for Trading Commodities

Recommended Posts

What are the best futures symbols for trading:

oil

bonds

combined commodities ie CRB Index

 

and apart from the metals, what other symbols are good for day trading

 

many thanks

Share this post


Link to post
Share on other sites

No best. It depends on your account size, risk tolerance, average time you want to hold, volatility and to a lesser extend your approach. (probably a load of other things I have neglected to mention too).

 

Indexes seem most popular (as I guess people move from stocks). Notes, energy (oil in particular) metals (gold in particular) seem to have a small but dedicated following.

Share this post


Link to post
Share on other sites
What are the best futures symbols for trading:

oil

bonds

combined commodities ie CRB Index

and apart from the metals, what other symbols are good for day trading

many thanks

 

 

you need volume for daytrading...

 

I would check out the higher volume symbols first...

Share this post


Link to post
Share on other sites

Thank you very much.

I am a twelve year ES day trader and I am looking to widen my horizons.

So far Fx is the best fit with some adjustment for the stops and trendiness, but I am keen

to take a look at oil etc before I commit.

 

I dont do anything clever, just follow price thru s&r, so all suggestions gratefully received.

 

cheers

Share this post


Link to post
Share on other sites

I wonder what your motivation is? New challenges perhaps. I guess its not because the ES is not liquid enough for you;)

 

Take a look and see, seems like you have the experience to judge. I am not sure what you are after to be honest. Do you want more volatility or less than the ES? What sort of holding period? What time of day? Some of the EU indices might suit you if you are a late person (your in Oz right?)

Share this post


Link to post
Share on other sites

Actually Blowfish , JJF and Tams I was wondering myself how to search for highest volatility and biggest dollar bang per tick and hence which markets therefore to trade best with these two things in mind.

 

I could imagine a volatility index ie VIX setup for a lot of different markets to show what is the most volatile at any time. Is there any other way to lock into the right market quickly to take advantage of its volatility and bang per tick ?

 

Thanks guys

 

All the Best

John

Share this post


Link to post
Share on other sites

I have not subscribed for years but Technical Analysis of Stocks and Commodities used to publish a monthly (which was overkill) table of volatility, $/tick, average daily range type info for a variety of markets. Have a chat with your broker they should be able to help. Of course you need to be clear about your requirements (which you have been JBW). I am still kind of unclear what the OP is after. Markets only have a finite number of variable (and those don't vary that much).

 

Ideally I would want bang per buck more through greater granularity (of ticks) than through a bigger contract. DAX isn't bad as far as indexes go.

Share this post


Link to post
Share on other sites
I have not subscribed for years but Technical Analysis of Stocks and Commodities used to publish a monthly (which was overkill) table of volatility, $/tick, average daily range type info for a variety of markets.

 

Hi,

 

The current list can be found here.

 

google: site:traders.com liquidity

 

Regards,

Share this post


Link to post
Share on other sites

That's the boy. Pretty much all you need to decide what to watch. I'd like to see a contracts to trade weighted for average daily range thought.

Edited by BlowFish

Share this post


Link to post
Share on other sites

This is strange....

 

I would expected Russell 2000 and Nasdaq futures to be better day trading instruments compared to ES.

Better in the sense they have better Daily Range in dollar terms.

 

But the chart seem to indicate otherwise....

 

Anyone knows why ?

 

thanks

Edited by aljafp

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • Why not to simply connect you account to myfxbook which will collect all this data automatically for you? The process you described looks tedious and a bit obsolete but may work for you though.
    • The big breakthrough with AI right now is “natural language computing.”   Meaning, you can speak in natural language to a computer and it can go through huge data sets, make sense out of them, and speak back to you in natural language.   That alone is a huge breakthrough.   The next leg? AI agents. Where they don’t just speak back to you.   They take action. Here’s the definition I like best: an AI agent is an autonomous system that uses tools, memory, and context to accomplish goals that require multiple steps.   Everything from simple tasks (analyzing web traffic) to more complex goals (building executive briefings or optimizing websites).   They can:   > Reason across multiple steps.   >Use tools like a real assistant (Excel spreadsheets, budgeting apps, search engines, etc.)   > Remember things.   And AI agents are not islands. They talk to other agents.   They can collaborate. Specialized agents that excel at narrow tasks can communicate and amplify one another’s strengths—whether it’s reasoning, data processing, or real-time monitoring.   What it Looks Like You wake up one morning, drink your coffee, and tell your AI agent, “I need to save $500 a month.”   It gets to work.   First, it finds all your recurring subscriptions. Turns out you’re paying $8.99 for a streaming service you forgot you had.   It cancels it. Then it calls your internet provider, negotiates a lower bill, and saves you another $40. Finally, it finds you car insurance that’s $200 cheaper per year.   What used to take you hours—digging through statements, talking to customer service reps on hold for an hour, comparing plans—is done while you’re scrolling Twitter.   Another example: one agent tracks your home maintenance needs and gets information from a local weather-monitoring agent. Result: "Rain forecast next week - should we schedule gutter cleaning now?"   Another: an AI agent will plan your vacations (“Book me a week in Italy for under $2,000”), find the cheapest flights, and sort out hotels with a view.   It’ll remind you to pay bills, schedule doctor’s appointments, and track expenses so you’re not wondering where your paycheck went every month.   The old world gave you tools—Excel spreadsheets, search engines, budgeting apps. The new world gives you agents who do the work for you.   Don’t Get Too Scared (or Excited) Yet William Gibson famously said: "The future is already here – it's just not evenly distributed."   AI agents will distribute it. For decades, the tools that billionaires and corporations used to get ahead—personal assistants, financial advisors, lawyers—were out of reach for regular people.   AI agents could change that.   BUT, remember…   We’re in inning one.   AI agents have a ways to go.   They’re imperfect. They mess up. They need more defenses to get ready for prime time.   To be sure, AI is powerful, but it’s not a miracle worker. It’s great at helping humans solve problems, but it’s not going to replace all jobs overnight.   Instead of fearing AI, think of it as a tool to A.] save you time on boring stuff and B.] amplify what you’re already good at. Right now is the BEST time to start experimenting. It’s also the best time to find investments that will “make AI work for you”. Author: Chris Campbell (AltucherConfidential)   Profits from free accurate cryptos signals: https://www.predictmag.com/     
    • What a wild year.   AI seems to be appearing everywhere you look, Paris hosted a weird Olympics, unrest continues in the Middle East, the US endured a crazy-heated election, and the largest rocket ever to fly successfully landed in a giant pair of robot arms.   Okay, but what about the $money stuff?   Well, this year we've seen a load of uncertainty - inflation is still biting and many businesses have gone down.   Property has been very fractured, with developments becoming prohibitively expensive, while other markets have boomed.   It hasn't been an easy ride, that's for sure.   However, the stock market has had some outstanding results, and for those who know how to trade, some have done VERY well for themselves.   Some have replaced their incomes. Some have set themselves up for the rest of their days on this planet.   How about you? How did you go? Author: Louise Bedford    Profits from free accurate cryptos signals: https://www.predictmag.com/  
    • U Unity Software stock watch, attempting to move higher off the 22.4 triple+ support area at https://stockconsultant.com/?U  
    • TSSI TSS stock, watch for an ascending triangle breakout above 11.49, target 15 area at https://stockconsultant.com/?TSSI
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.