making one point a day?

Is volatility really always lower in the summer? I would love to have some type of proof for that. I have always considered summers to be relatively better trading months. At least my P/L thinks so.

 

In 2003-04, I would say you were right about ER leading ES. That correlation has been pretty spotty for most of 2005.

 

I guess ProfLogic was over in Asia for the summer of 2002

 

On ES, a good intraday trader should expect to make at least 0.5 points per contract per day, before slippage and commissions... slippage and commissions need to be subtracted (depends on how good you are at negotiating a deal/whether you lease a seat etc, and also on how good you are at execution!)...

This is over the long run... some market cycles will be much worse and some much better...

 

glad to hear the good news!!

loads of people seem to think that lower liquidity means lower volatility.

i cant see how this is so personally - just look at bp futures v ec futures and tell me which has the lower liquidity ans the highest volatility - or ront months v back months in eurodollar.

price discovery - ring any bells?

 

Roll up your sleeves and check the daily contract volume for yourself. I have 8 years worth of data archived but I don't share, sorry.

 

Remember the key here is consistency. Anything that happens, "sometimes" isn't consistent enough.

 

Correct and spotty corrrelations lead to spotty profits.

 

thanks all...

Fred... Im not sure if I would be classified as a noobie... although my 2 year old has a sippy cup that is called this.

Been making good profits for 7 years.

exclusive sp's

so you can say I don't know what I don't know.

thanks for the insights.

what is TRIN? I hear this thrown aroung a bit?

 

c'mon man. 7 years trading the sp/es and never heard of TRIN?