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Old 03-17-2008, 12:34 PM
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Re: Better for scalping: ES or YM?

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Would someone please explain what this means? I'm not quite sure I understand and it seems very important...
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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.
Sorry that was written a couple months ago, now it is more like a couple of minutes instead of a couple of hours.

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