YM Traders

Discussion in 'Index Futures' started by volente_00, Aug 23, 2005.

  1. volente_00

    volente_00

    Nice trading Quicktrader12


    You know what they say









    "10 points a day keeps the bill collectors away"


    LOL
     
    #531     Sep 20, 2005
  2. Short here 10640 (small position):

    20 pt stop.

    Looking for first target of 10630
     
    #532     Sep 20, 2005
  3. inet

    inet

    Thank volente_00.
     
    #533     Sep 20, 2005
  4. Covered half at 10630
    +10

    EDIT:
    covered quarter postion here at 10620
    +20

    Next target open for now

    Break even stop (10640) on remaining quarter position.
     
    #534     Sep 20, 2005
  5. LOL.
     
    #535     Sep 20, 2005
  6. covered last quarter position at 10575

    +65
    flat now
     
    #536     Sep 20, 2005
  7. CyrusJ

    CyrusJ

    I was looking into the "big Dow" and IMO you're better off trading 2 YM contracts.

    The volume isn't there for big dow, take a look at this:

    $10 Volume
    http://www.cbot.com/cbot/pub/page/0,3181,978,00.html

    $5 Volume
    http://www.cbot.com/cbot/pub/page/0,3181,1632,00.html
    Plus the margin cost for one DJ (or ZD?) is the same as 2 YMs.

    Scroll down:

    http://www.cbot.com/cbot/pub/page/0,3181,2143,00.html#2c

    Note: I'm a complete rookie so buyer beware.
     
    #537     Sep 20, 2005
  8. Long 10585 ; (just 1 contract - to be in the game)

    Stop : low of the day 10568
     
    #538     Sep 20, 2005
  9. NO FEAR


    just buy$$ so sayeth Greenie!!
     
    #539     Sep 20, 2005
  10. stopped out:

    -17
     
    #540     Sep 20, 2005