I agree it is usually pretty tight, especailly if you are fading a pullback at a good entry when volume starts picking up. If the market is churning early afternoon style, it is a little harder to get hit on a market at the b/a, that is if you are not trading size. If you are doing any size it helps to scale in and out a couple ticks apart.
Not sure what YM you are trading but just last friday I saw multiple times in YM where the spread was more than 1 tick. The fact remains that the YM book is very thin which can pose a problem if you try to trade size. When only 10 contracts can move a market 3 ticks, you are going to get a lot of whipsaws. ES is much smoother due to the massive liquidity.
Hi Mike, Feel free to read over our blog. All we trade are futures. Been focusing on them for years now.
i will bite. since it looks like you are trolling for customers i have some questions. are you any good at it? how much did you personally make last year? are you willing to show your account as proof?
You my friend, waste no time. ie: Welcome to the Purgatory. Any questions: Vhehn - Yes, I'll bite. Where is Satan, howcome he doesn't have air conditioning and why the hell (pun intended) did I end up here ?
That's what makes it sooooo apealing, if 10 contracts can move the market a bit, put in a market as the spread widedens, (ie cash and es, er taking off) and when it hits your price after the noise settles at a good number it's off to the races... Much easier to scalp 6-20 points+ if you are on the right side. You can read the dom like a book to see if the juice is there at your entry. Thin book makes scalping after hours a piece of cake if you buy at the bid and sell at the ask right after cash close and the ym overshoots it.
Vhehn. Our track record is publc and online every day. I have shown users statements from time to time. I don't mind. Feel free to priv email.