YM -> ER2

Discussion in 'Index Futures' started by steve0617, Oct 3, 2006.

  1. jessop

    jessop

    I agree 100% with Austin.

    The Juice is a real seduction....but it will freak out weak hands.

    The key thing with ER2 is be more generous with your stops - move out to 5-10 min TFs & watch both NYSE & NASDAQ market intermals like a hawk.

    Cheers

    J
     
    #11     Oct 3, 2006
  2. If I didn't already have some proverbial "feel" for the ER's behavior (feel is defined as experience over time) I would absolutely trade the NQ if starting over myself.

    ER is very tempting, but tricky. NQ will offer more steady, methodical movement over the course of time. ES would be my next choice, YM last only because of bad experiences trading CBOT products in the past.
     
    #12     Oct 3, 2006
  3. mktman

    mktman

    What time frma e would you use on charts for NQ compared to er2?
     
    #13     Oct 3, 2006
  4. buzz

    buzz


    If you making money on the YM I say stick with it. Why move to another market if you are making money. How many lots do you trade. If is under 30 lots, you be ok with the YM.

    You motive is to make money.. the YM can be predicted better than other markets. Only 30 stocks in it..I look at nas s&p trans and IBM for clues as to where the YM is going.…

    What markets do you guys look at for ER2 to move.?

    As for ES I find it no diffrent to the YM in fact its more stable..

    Buzz
     
    #14     Oct 3, 2006
  5. Thanks! That's exactly the kind of info I was looking for.
     
    #15     Oct 3, 2006