60 point dow ymu5 dip

Discussion in 'Trading' started by chiguy, Jun 24, 2005.

  1. This is why i dont trade YM.

    Its been around longer than ER2 and EMD but liquidity still sucks.

    Its not suitable for serious trading imho.
     
    #11     Jun 24, 2005
  2. This has happened on ES too, FYI
     
    #12     Jun 24, 2005
  3. With 600 contracts?
     
    #13     Jun 24, 2005
  4. The number of contracts is relative to the market.

    This type of irrational move CAN occur on almost any market.

    No matter how "serious" of a trader you are, you are subject to this possibility in many markets.

    With keyboard or mouse entries, we're all subject to errors that can occur in less than a second, right ?

    Just the other day I paid a large bill online and whoops, I selected the wrong account to pay from and within seconds I was severely in the negative in that account.
     
    #14     Jun 24, 2005