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Re: SL methods for Intermediate Term trading
Dogpile, I like your flexibility when entering a trade based on your trade conviction and not wanting the trade to get away from you. I think it's important not to be so rigid with rules. However, you don't want to start chasing a market, it could be a slippery slope.
With respect to the tick size of YM vs ES, I don't think it would make a difference to me. If I were to trade the YM, I would probably trade twice the number of contracts I trade on the ES, so giving up the spread would probably mean the same to me regardless of which contract I trade. But I never gave this that much thought.
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