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2nd go-around


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  #11 (permalink)
tomwalshco
kansas city, mo
 
Posts: 7 since Jan 2014
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tderrick View Post
I was wondering if you had any experience with NQ? I noticed you trade the other two main equity indices.

I have been trading NQ for a while, but think I may swing with YM for a bit and then graduate to ES when the
patience and technique is locked.

So, basically, what made you choose YM over NQ for your low volume / thinner market choice?

grazie

ps

..and Welcome Back !!

My choice is based on familiarity, really.
When I first started, YM was THE player and what people talked about. I look at the NASDAQ list and hell .... more than half of those companies didn't exist in 2000.

Besides -- starting from scratch again (as an old geezer), I like:
- $5/tick vs $12.50
- whole numbers
- industries I understand (how can a share of Twitter be worth twice $$ a share of GE? huh?)

...and a small potatoes guy like me looks at these indices like a marching band going down the street. They're not all in perfect step, but from 20,000' they are. I'm familiar with the tuba -- so I'll watch him for a while . Can't really concentrate on them all..... or worry about what they had for breakfast, or if their girlfriend is mad at them, or they just got a C- in chemistry, or, or, or.

So I guess that makes me a fundamentals / momentum / news trader. I can sit on the beach and watch the waves come in -- I don't need the Weather Channel telling me what I'm looking at .... and technicals seem better suited for forensics, at least for me.


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  #12 (permalink)
tomwalshco
kansas city, mo
 
Posts: 7 since Jan 2014
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Just made the threshold -- here's my screenshot...


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  #13 (permalink)
 
tderrick's Avatar
 tderrick 
Nashville, Tennessee
 
Experience: Intermediate
Platform: Ninja / Jigsaw / 9G
Broker: AMP / CQG
Trading: NQ, YM and ES
Posts: 1,588 since Sep 2010
Thanks Given: 4,260
Thanks Received: 2,532



tomwalshco View Post
Just made the threshold -- here's my screenshot...


I have never noticed these parameters in Ninja. I set my ATM's so long ago, some things must have
changed. (or I was simply too quick in setting up my ATM's)

Thanks for the screenshots ... I will take a second look.

And it DOES appear you can have a target of zero. A beautiful way of simply taking what the market
gives you.



AJ
Nashville, Tennessee


"Life On The Edge of SR"
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  #14 (permalink)
tomwalshco
kansas city, mo
 
Posts: 7 since Jan 2014
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This may have you confused -- I've got 2 boxes open at same time.


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  #15 (permalink)
 
tderrick's Avatar
 tderrick 
Nashville, Tennessee
 
Experience: Intermediate
Platform: Ninja / Jigsaw / 9G
Broker: AMP / CQG
Trading: NQ, YM and ES
Posts: 1,588 since Sep 2010
Thanks Given: 4,260
Thanks Received: 2,532


tomwalshco View Post
This may have you confused -- I've got 2 boxes open at same time.


Grazie ....


I try to keep things so simple, I had no idea all that stuff was in there !!



AJ
Nashville, Tennessee


"Life On The Edge of SR"
Follow me on X Visit my NexusFi Trade Journal Reply With Quote




Last Updated on February 23, 2014


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