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Old 02-14-2008, 05:09 PM
swansjr swansjr is offline
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Re: YM Daytrade Setup

I've been only trading futures (YM) for 2.5 months now. Like you I wanted to focus in on a specific market instead of chasing so many stocks. So far, I really enjoy it.

1) I think most trade the current contract, which is YMH08. No, there is no time decay like options.

2) YM is like any market. It's liquid and thus, tradable. So you can use whatever setup you like.

3) I use TradeStation just because they seemed to be most popular and I wanted access to the largest community so TS seemed the way to go. TS has limitations so do some homework. I'm sure other people can point you in the right direction.

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