YM Daytrade Setup

[HAL9000]

	Quote:	newguy
	Anyway although i was green first day, i don't think that's how you suppoes to trade YM, the commission was killing me - almost cost 1 point just to pay commission (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

Oh well, micro scalping, noise,

well I myself haven't made a final decision, so micro scalping would be OK for me, but I think if you do it, you should do it using a machine, an automated system.

But initially I started to write this, just because of the commissions.
What do you pay, hopefully less than one tick?
Otherwise look for a new broker or lease a seat.

Just one more thought, try the ES, but I think you will find different problems.
Do it, just as an exercise.

Just a last remark, this all is no offence, I understand what you would like to do and I myself have (had) similar ideas. I'm toggling between drift and noise, and currently surely more to drift.


Regards,

Hal