I usually don't but If I see action like last night I may take a trade . Not too thin. I'm only using 1-2 contracts right now. I was watching ym last night wondering how in the hell it kept going up in AH lol.... Haven't seen anything like that since 08.
I have more breathing room for stops in the ym than I do in the ES nothing more nothing less really. I have heard other things like more noobs are trading the ym because of the tick size so the pickins are easier and there is less liquidity so the market is less efficiant than the ES but those things aren't confirmed by my observations at this point. I just like the feel of the YM right now. I do have enough capital to trade the ES but I'm still trying to stay small . This includes spending more time on the YM and 6b so I can use LARGER timeframes Like the hourly or 4 hour to find good points of confluence and have the appropriate stop distance while staying true to my risk management rules.
Total since inception $12275 0r +%122.75 Again, This isn't due to careless risk management it is due to being on the right side of the black swan windfall on May 6th. Still need to work on my over trading because commissions are adding up too much for my liking. I need to stop saying that and start ACTING. My risk management discipline is fine but it is the over trading discipline I need to implant into my brain.
May change brokers next week. I'm at mirus right now with 2.25 per side plus exchange fees but I see that Interactive brokers is .85 plus exchange fees. Every little bit helps , does anyone have anything negative to say about IB that I should be aware of?
don't know how much leverage you use, but IB usually requires high levels of margin. To the reckless, that is bad. To the careful... But a very competent broker.