Corresponding ETFs (leveraged or not) for gold, oil, SP500

I wanted to trade futures, however, my bankroll does not enable me for such huge fluctuations (each ticker corresponding to $25) of these assets, so, I would like to trade a much less volatile version. Learning from friends, I heard of some ETFs, that might correspond to the movement of future, as far as I know:

SPY correspond to SP500
GLD correspond to Gold
USO correspond to Oil

I want the ETFs that has (almost) exactly the same movement as the underlying asset… And thus I could follow advice for future contract but trade on the corresponding ETFs…

Am I right? Did I miss anything?

Looks Good, although SPY is a little pricy to trade with a limited bankroll IMO.

If your roll is limited you can also look at:

GDX - Market Vectors Gold Miners ETF
GDXJ - Vectors Minors Jr.

how about leveraged SPY then ? :slight_smile:

This business is all about Bank Roll Management:)

OH ALSO…

CONSISTENCY:)

By the way, since trading future is 24 hours based, whereas there are not much volume for ETF corresponding to the commodity after market closed… So the the buy/sell signal for commodity futures could not be followed after market closed, right?

I’m not sure I’m following the question completely however, if you are simply asking should you place trades after normal daily trading hours…IMO the answer is no.

Unless…

You are following a strategy that works off of daily bars and is more of a swing strategy that may hold positions for days, weeks or even months.

I hope this helps!