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Old 03-04-2007, 11:24 AM
The Bear The Bear is offline
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Big Dow

Hey there - I trade the big dow. I can say liquidity is good but I don't trade alot of contracts so I don't know if it would apply to you.

It usually is like wsam said 1 tick wider than YM...but I've seen it go even wider sometimes. However it does track YM and it does have market making...so there is almost always at least 1 contract on either side.

I learnt the hard way about my stop loss getting blown because the spread widened more than usual once...so use a bigger stop.

Even on the BIG DROP day we had recently, the big dow was still tracking YM very tightly. It would be nice to see the spread match the YM, but I doubt this will happen. Some days DD only does 60 contracts..IN THE WORLD.

All in all, I like the big dow...great leverage.

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