Dow Minis, my experience

Discussion in 'Index Futures' started by frankyfour, Jun 10, 2005.

  1. My experience as a beginner trader is that this market is great. I've tried several markets and this market is by far the easiest to get in/out without too much slippage.

    I'm not so sure others out there share this same experience, according to my search, but I dont' know, maybe the markets have changed in the last few months since those posts.

    How long can it last? I don't know, but all I can do is just enjoy the ride while it lasts.

    Is it just me? Let's hear it fellow dow traders.
  2. I trade YM exclusively. I usually give up the spread on entry and about half the time on exits which averages out to $10 savings per rt over ES. Over a thousand rt's thats $10,000.
  3. I like YM.
    I would tend to agree that entry slippage is almost unavoidable, but fortunately my strategies are slower and can handle 1-2 points slippage. It is interesting to watch the YM react to news vs the seems YM moves at a greater pace for a short period of time.
    Hopefully volume remains 1/8-1/10 of the ES volume simply to allow for a few more opportunities.
    I would recommend YM or ES to anyone looking to make the transition from stocks to futures.

    Good trading.
  4. volente_00


    I agree. I started tradin YM when I switched from equites to futures and still trade YM exclusively.
  5. dchang0


    I've tried unsuccessfully to switch from equities to e-minis. The greatest obstacle for me was a lack of education on actual trading strategies. I went in mostly blind.

    When I learned how to trade stocks successfully, I had read a ton of books and magazines that described backtested trading systems. Sure, once the systems "went public," they were not likely to work in their published form, but I learned enough about the general design principles of equity trading systems to build my own working systems.

    With e-minis, there just doesn't seem to be as much educational material out there (that isn't hype or advertising). Anybody know of where I can find the dissection of working (or formerly working) e-mini trading systems?
  6. volente_00


  7. Xenia


    Oops ...