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You need to consider both margin and volume. For E-mini 500 futures a relatively low margin is required if you do not go overnight. Volume creates liquidity so you may be able to close positions pretty quickly.
Can you help answer these questions from other members on NexusFi?
I just started demo on Emini S&P... I was trading Forex and Stocks and considering these, Emini is a lot volatile and much tougher to swing because of the high risk. For now, I am learning to scalp Eminis and been better at scalping Emini than Forex.
Emini seems promising though and worth a shot if you already have a price action system in place...
If you are a scalper you need volatility.
Emini Russell is the most volatile. Swings are extreme in TF. Second most volatile is NQ but it is not as crazy as TF.
YM is thin but slow. ES is where the most volume is but slow.
Anybody scalping with size, ES is the instrument of choice.
Beginner or intermediate scalper, NQ is the best.
I love trading NQ.
Hope this helps.
For my knowledge micro currency future were created by CME to surrogate best characteristic of forex market: low margin and fractional lots but judging on volume seems that they have failed, how so in your opinion?
Well in my experience if you're trading small like 1-3 contracts I actually prefer the mini YM over ES. Also, if you're scalping as you have more points of exit IE 10 YM ticks = $50.00 4 ES ticks = $50.00. But for anything else I prefer ES as for reasons mentioned like the liquidity and seems to backfill a little better than YM, but not sure if that's just in my head.
I would reccomend you paper trade for quite some time. You will quickly see you have made cash once but to do it consistent is harder then you think. Read. Read and read more study every book you can find on the subject
Dan
stick with the indicies ... mini sp, mini nasdaq, mini dow.
you are better off liquidity wise with normal size commodities (gold, silver, corn, etc.) and currencies, unless you just want to play around. those markets are thinner and you really need to enter on limits because the spread is a little wider.