Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

ryounkin

YM vs ES vs ER2

Recommended Posts

I have made a couple of observations lurking around this forum.

-Most trade e-minis not stocks

-Most trade one e-mini and not the others.

 

What are the pros and cons of trading the YM vs ES vs ER2?

-Is one more profitable?

-Is one easier (more predictable) to trade?

- Or is it just personal preference?

 

Buck

Share this post


Link to post
Share on other sites

Hi Ryounkin! Welcome to TL!

 

For eMinis, yes most of us here trade them and not stocks, but we love traders of all kinds :) For differences...I've only traded ER and YM, and those two are the exact opposite of the spectrum from eachother. ER is very fast and very volatile and if played properly, the most profitable on a per tick basis (10 dollars per tick instead of 5 for YM). The YM really suits my personality as it's a laid back easy going contract to trade.

 

The NQ and ES I can't help with, unfortunately. I do know there are people here who have traded these two, so hopefully they can shed some light.

 

Hope that helps!

 

Chris

Share this post


Link to post
Share on other sites

Personal preference I would say. I like the YM because of its movement and I find it easier to time entries. I like the spread of $5 a tick.

 

The ER2 is wild and tends to trends fairly well. More bang for the buck.

 

The ES is a little too jumpy for me. Also the top traders in the world trade this contract so the competition level is high. Also the spread is $12.50 a tick.

 

NQ's... now I have no idea.

 

You should pick a market that fits your trading style and personality. Although you may have a great methodology, you may be stuck in the wrong market. Play around... you'll find something that suits you.

Share this post


Link to post
Share on other sites
I have made a couple of observations lurking around this forum.

-Most trade e-minis not stocks

-Most trade one e-mini and not the others.

 

What are the pros and cons of trading the YM vs ES vs ER2?

-Is one more profitable?

-Is one easier (more predictable) to trade?

- Or is it just personal preference?

 

Buck

 

Hey ryounkin,

 

I would also say that it all comes down to preference.

 

the YM is a great income producing contract

 

the ER2 is good for big profits, but you gotta use really good M Management

 

The NQ is kinda, eh just not my style

 

the ES is a sideways market most of the time i think, allot of big hitters in that market.

 

I tend to watch them all during the day though, see what kind of ebb and flow the universe of indexes is having for the day.

Share this post


Link to post
Share on other sites

Hello,

 

I think the best thing you can do is to not limit yourself to one market. When I trade, I keep up a 5 minute chart of all 4 markets, the emini S&P, emini Nasdaq, mini Dow an Emini Russell. I use the same time frame for each chart and the exact same chart setup. I use simple candlestick charting and only use a volume indicator. Since these markets generally move in the same direction, I look for one market to be the leader and watch to see which ones follow. I do this to help determine trend reversals and can generally find two or three of these trades per day.

Share this post


Link to post
Share on other sites
Hello,

 

I think the best thing you can do is to not limit yourself to one market. When I trade, I keep up a 5 minute chart of all 4 markets, the emini S&P, emini Nasdaq, mini Dow an Emini Russell. I use the same time frame for each chart and the exact same chart setup. I use simple candlestick charting and only use a volume indicator. Since these markets generally move in the same direction, I look for one market to be the leader and watch to see which ones follow. I do this to help determine trend reversals and can generally find two or three of these trades per day.

 

I recently started the ER2. I must say I like it very much. Its definitely good to expand once you are comfortable with one market. This way you can squeeze out more opportunities. I traded YM strictly but with the ER2 now, I can simply switch when the YM is dull... which has been the case this month.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • ...hallucinates.... Student: “What if we gave the monkey LSD?” Guru: “The monkey already did LSD”
    • Question: To those that had/have cancer, what were the signs that made you think “something is not right here” to make you go see a doctor? Answer: So, 5/25/2018, I woke up, got ready for work, and as I walked to my car, I started gagging. Like something was stuck in my throat and I needed to clear it. And then it went away.   But 10 minutes after that, I was T-boned at 40mph on the driver side door. But what made me see a doctor was while my muscles felt better and bruises were going away, the gagging still continued, I started having fevers, my neck felt swollen, I was having such a hard time breathing, and I'd have random sharp pains in my chest, but not from where the seat belt saved me.   2 weeks after the accident, I finally see an urgent care doctor, who looks me over, tells me I'm fine, but luckily requests a neck X-ray. And I ask for a chest X-ray, which he rolls his eyes but let me have (most of my pain was in the neck, so I understand).   The very next day, he calls and says “So, that chest X-ray shows there's a 4 inch mass on your heart and lungs, and your lungs have been filling up with fluid, as well as in your pericardial (heart) wall. We need you to come in tomorrow.”   Turns out the big mass, due to the accident, caused my heart and lungs to tear and fill with fluid, the swollen neck and gagging was caused by 2 metastasized tumors, and the fevers and weight loss were symptoms. Stage 4b Hodgkin's Lymphoma.   But thankfully, we went very aggressive with chemo (and had a lot of bad side effects that don't normally happen to patients), and now I'm about 16 months cancer-free. Yay lucky X-rays! Rachel Jurina, Quora Source: https://www.quora.com/To-those-that-had-have-cancer-what-were-the-signs-that-made-you-think-something-is-not-right-here-to-make-you-go-see-a-doctor   Profits from free accurate cryptos signals: https://www.predictmag.com/  
    • As a man, the reality of life is the harshest part. I don’t mind looking older or becoming weaker over time; it’s nature.   Have you ever heard that the only people who will be loved unconditionally are women and children? Men will only be loved as long as they can provide until they are no longer needed. It doesn’t matter if you already did your best to get your kids to the best school or get the best things for them, if you stop before they’re done with it, there will be no thank you. The only thing they will remember is that they have to quit school at 15, ignoring all the previous 15 years of life you provided for them. The only people who will accept you, no matter what, are your parents. But in this situation, you might be that ungrateful child.   EDIT: Wow, I didn’t think this would get so much attention.   For those who disagree, I can only say that everyone has their problem. If you don’t get the chance to face such a thing, be grateful. Remember, sometimes what you throw in the garbage is something that someone wishes ever to have.” – ElZee, Quora   Profits from free accurate cryptos signals: https://www.predictmag.com/    
    • The good thing i had noticed so far is that the traderpot value is also on the rise..
    • yup its a gradual rollout the right way in my opinion, its really good and its exciting for the sto in 2027
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.