Traders Laboratory - View Single Post - Better for scalping: ES or YM?
View Single Post
  #26 (permalink)  
Old 03-16-2008, 05:28 PM
Armand Armand is offline
Armand has no status.

 
Join Date: Aug 2007
Posts: 47
Thanks: 6
Thanked 0 Times in 0 Posts
Re: Better for scalping: ES or YM?

Quote:
View Post
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.
Would someone please explain what this means? I'm not quite sure I understand and it seems very important...

Reply With Quote