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Re: Which contract should a beginner trade?
Personall I found that stock trading was good for learning before starting in futures because of the leverage effect of futures u can blow up your account faster in futures than in stocks where u can trade off your own equity.
That being said the YM is a bit more beginner friendly. I've only started on the YM for about 2 months. The Russel is based on micro cap stocks which I don't like but thats a personal thing.
The ES seems to be the big boys league and there is a lot more liquidity than on the YM but I think you are also open to a lot more automated systems there as well.
Question to anyone who actually trades the ES on a regular basis: What is you definition of a big player on the ES in terms of number of contracts traded on any one position? On the YM you look for the 10+ contracts but what about on the ES? 30+?
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Nick Constantin
Always look on the bright side of life...da da da da da da da da da - Monty Python
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