i pulled 37 points out NQ today

Discussion in 'Politics' started by LongShot, Dec 10, 2003.

  1. bobcathy,

    Tell me about what it's like to trade RUSSELL 2000. Do you find it easier to trade?
     
    #101     Jan 11, 2004
  2. bobcathy1

    bobcathy1 Guest

    No, ER2 is not easier to trade randy....it is quite a bit more difficult because the swings can be quite huge within minutes. Up and down several hundred bucks can be scary for a novice.

    That said, it does trend a lot better than ES. It is a nice vehicle on a swing trade type of time frame. I like 185 tick, because ticks smooth out the wild movements. 15 minute works quite nicely too for those who do not have tick charts.

    I do not do any scalping with ER2. You would get clobbered.

    I do scalp YM quite vigorously. I also use tick charts on that because of the lower volume. Though scalping larger amounts on this would not be easy because of the low volume. It also lends itself to gap closing type of trades which is a nice way to pick up money. Though some gap closings can take all day.

    Both of these are for people who like slower eminis.
     
    #102     Jan 11, 2004
  3. That sure sounds like leaving a lot on the table alright. $10,000? :p
     
    #103     Jan 11, 2004
  4. Who uses NEXTREND? What is symbol for e-mini russell 2000?

    TIA.
     
    #104     Jan 11, 2004
  5. bobcathy1

    bobcathy1 Guest

    Try these.
    @ER2
    ER2H03
    ER2.D
    :)
     
    #105     Jan 11, 2004
  6. I believe 03 is done trading. Might want to try 04? :p
     
    #106     Jan 11, 2004
  7. bobcathy1

    bobcathy1 Guest

    03.....my bad:(
     
    #107     Jan 11, 2004
  8. My bad also. The reason I know this is because like usual I was
    trading 03 when everyone else was trading 04. I couldn't figure
    out why the volume was so light that day. I do this a lot. I think
    I need a brain transplant... :D
     
    #108     Jan 11, 2004
  9. bobcathy1

    bobcathy1 Guest

    Today I had the worst day I have had in years. The chop in the morning kept taking out my stops! Down 6 ER2 points is not a pretty picture. 8 trades......I need a big fat drink with a paper umbrella.........:eek:
     
    #109     Jan 12, 2004
  10. NQ was sweeeeeeeeet to me today! Staright up after a little hiccup. HELLO ITS BANKED! :)
     
    #110     Jan 12, 2004