Thanks guys, my first day paper trading think i kind lost it. Made about 34 trades (enter/exit executions) in the first 50 mins. Held onto each open position for less than 60
sec at most. Then i stopped trading for the day when up about 20 points and just watched the market. All i did was enter when i see the wave is moving in a direction on the 1sec and 1 min charts, then exit if it goes against me for a few points or take profit at first sign it is about to reverse. Ninjatrader's superDOM is excellent for this.
Anyway although i was green first day, i dont think that's how you suppoes to trade YM, the commission was killing me - almost cost 1 point just to pay comission (ouch! why is YM so expensive to trade?). Still trying to figure this out, what i want is to place maybe 5-10 high probability trades a day and let it ride, instead of this 30 trades/hour crazy