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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.
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.