Traders Laboratory - View Single Post - Is YM the next Russell ?
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Old 06-25-2007, 12:45 PM
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walterw walterw is offline
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This member is the original thread starter. Re: Is YM the next Russell ?

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Strictly a daytrading vehicle.

Good range, but slippage is a matter of concern, given that the volume is comparatively low, with spread up to 3 ticks wide - so approach with caution.

If you are comfortable with the ER2, then it might be worth looking at - otherwise, for most folks, wait unless the volume picks up (assuming a push by the CME is made to have it replace the Russell).

I am looking a chart right now of it and its very similar to er... only still doesnt have much liquidity yet... will be interesting to see if rusell traders will migrate to this one as it so similar... thanks Cooter for this information wich is very usefull indeed... cheers Walter.

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