On and off and especially last year I experimented with the ES. Because everybody seems to be day-trading this market.
However, in my opinion the ES/S&P500 is the most complex instrument out there - 500 stocks, futures,
ETFs, warrants, options, stat-arb tens of thousands accounts trading it and on and on. For sure it is not only one of the most complex instruments but also the most efficient. But as a trader you want to profit from inefficiencies - that's your business.
No wonder, my results have always been quite mixed with this market...
Last year I digged into Eurostoxx50 futures.
EUREX commissions/ round turn costs are much cheaper than
CME's, with a good
FCM.
EUREX introduced
Micros and reduced the
tick size. The Micro is only € 0.5 a tick.
The order-flow is better to read than with ES not to say the NQ.
If the Eurostoxx 50 decides to put in a move this is often enough happening without sharp pull-backs.
I have traded it in sim-mode since several month now and from the beginning on I was profitable. This never happened to me before neither with Forex nor Crude nor Gold etc.
Now I start to test the Micro with real-money.