Sorry...I should have been more clear. I mean't during MY lunch, which will be around 1:30 PM EST. -Fast
Most CBOT instruments are declining (YM, bonds) ... CME and Eurex are on the right track... TM Trader
Volume on ER2 is increasing at a good rate. I think it is outdoing YM... Take a look at the volumes... ER2 is increasing % wise compared to YM more quickly...
"It's only money" is exactly the attitude you need to succeed (not kidding). Better even, don't think about money at all. Hide the P&L or let it show in T rather than in $, it could work wonders for you. As for your lower success rate - You probably get scared by the larger tick moves. It's only an illusion - Remember, as you just said, it moves like ES. It's only more ticks involved. Yet, if you look at the bars, it looks exactly the same. Keep it simple, watch the ES & NQ in 5m charts, YM in 1, 5, 15, watch the ES & NQ tapes, and just make sure you stay within the ranges. I.e. if it's an uptrend, have a buy limit just above the bottom of the last 5m bar, and vice versa in a downtrend. This way, you can use tiny stops, like just a few ticks, and have large R:R ratios. Just make sure you milk your winners properly and don't close out just because you "have a profit", because that f*cks up your ratios. Better even, don't close out out at all until you hit either your target or your stop...