Hi to everyone,I am posting this thread to get some feedback on preferred markets for trend following.
I love using options on stocks simply for leverage,but most skilled option traders say to use them for volatility,and i find in choppy markets,stock options for leverage are a fast way to lose.
So FX is the only thing im really trading now,and it trends really well (especially for 4hr and over charting).The leverage is strong,so position sizing is totally important!
So i was just wondering what other traders who use trend following from this site prefer to trade with? I have also been exploring commodity ETF's,and non S&P/DOW correlated stocks,but,so far FX seems to be almost a perfect match for trend following,if you can ride out retracements
I love using options on stocks simply for leverage,but most skilled option traders say to use them for volatility,and i find in choppy markets,stock options for leverage are a fast way to lose.
So FX is the only thing im really trading now,and it trends really well (especially for 4hr and over charting).The leverage is strong,so position sizing is totally important!
So i was just wondering what other traders who use trend following from this site prefer to trade with? I have also been exploring commodity ETF's,and non S&P/DOW correlated stocks,but,so far FX seems to be almost a perfect match for trend following,if you can ride out retracements