Sorry if that came out harsh. I just noticed in the past weeks you've posted replies to very dated threads. While I value your comments this is akin to coming back with a reply to a verbal conversation hours after the initial people have left the room. I wasn't sure if you were aware you were doing it. If so, I'd encourage you to instead start a new thread on the topic. I apologize. I should have worded my initial post much better.
No offence taken. If I have a comment to make not appropriate to a current thread, I sometimes use a search for the topic area and post on an existing thread. This way it gives hinterland to what one is posting.
I see. I hadn't thought of it that way. I would prefer a new thread. You'd rather post to an existing thread. As the old saying goes, "Six one way - a half dozen the other". It all comes out the same.
I think the thread topic of "seeing big rips back and forth" in the e-minis is worthy of more attention. I just love the daily gyrations. They are there to make any trader rich but the first need is to get the necessary homework and problem solving done. And the e-minis provide the biggest money trees for independent traders to exploit.
Do you focus your trading solely of the e-mini's nowadays? I have been thinking for some time now that I'd like to transition slowly from equities over to futures over the course of the next year.
I agree with Longhorn but instead of just trading futures and stocks, I have found it extremely profitable to take advantage of market news and put/call a stock. It is easy to do and you can really take advantage of market expectations.
Yes. I currently use the YM. E-minis are fantastic for the trader to be riding their gyrations up and down. This is a profit-makers paradise. I recommend them to you.
The illustration today (2/23/06) on YM is 60 down points, 80 points up & 70 points down. Even a MACD with an appropriately tuned setting and/or other indicators should assist any player with some market knowledge to make something worthwhile out of today.