[Nick1984]

Originally Posted by brownsfan019 »

MrPaul,
If the ER2 is not a possibility b/c you liked the movements and the ES is too 'small', why not trade the ES with more size and go for smaller moves? Just an idea.

Thats exactly what I would think. Wouldn't you love the smaller moves? I personally would. You can go into a position without it having a wild swing on a whim like the Russell is famous for!

[MrPaul]

Thanks for the replies everyone, I'm going to get on the phone and see what's up.

As far as trading larger size on ES I have thought about this as an alternative, but my edge with the Russell is being able to read it very well and actually be positioned on the right side of those wold swings! haha.

For some reason (perhaps psychological) I have a much tougher time reading the ES, at least at the same level of proficiency.

Have you looked at the EMD mini-MidCap400 contract then?

[brownsfan019]

Mr Paul - had another idea today - take a look at the Euro FX. It's on the CME and at 12.50/tick, it could be what you are looking for. Commissions are a tad higher but could be a nice replacement to the ER2.

[nasdaq5048]

Why not trade IWM? It moves tick by tick along with the e-mini russell. A little bit more commision but you can keep your routine.

[brownsfan019]

Originally Posted by nasdaq5048 »

Why not trade IWM? It moves tick by tick along with the e-mini russell. A little bit more commision but you can keep your routine.

I would say that going from a futures contract to an ETF is a big difference, even though the movements may be similar. I don't think it's as easy going from the fast paced world of futures (and the leverage) to an ETF.

[Dogpile]

what is wrong with YM? it has nice range and spikes to fill orders and run stops -- just like RUS does/did... this can sometimes be tricky but when in sync -- it is awesome contract because it trades like a hybrid --- trades a lot like RUS but correlates with ES nicely -- I like that combination. RUS would often be out in Right Field doing its own thing and show absolutely no correlation with anything.... for this reason, it was high maintenance to track that thing... you can watch the S&P's and have a choice with trading either ES or YM....

You want to see something VERY INTERESTING (and useful) .....watch the NYSE TICK together with the ER2....very cool!


Who would have thought....lol