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Old 01-15-2008, 11:12 PM
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Re: Better for scalping: ES or YM?

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Sorry, should have given a reference point on size of trades... 50 contracts at a time, so it sounds like YM is no good for that volume?
I hope that is a hypothetical question. The reason you are asking this question is probably that you don't have enough experience under your belt and you are already trading 50 contracts ? Do you know that 50 contracts controls about $3 million. A 1% move, which can easily happen in less than a couple hours given today's volatility, means a $30,000 swing in your account. And you are doing this from your car with a wireless card and a laptop ?
Well, you must be a very wealthy man.

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