Any ES intraday trader still actively trading? How do you find the market

kaizer said:
Trading the ES is one of the traps on the road to the profitable trading. This market is overcrowded and one of the most complicated in the world, if not the most. All the around-the-market industry (brokers, educators, books) forces the beginner to trade this instrument. The smallish intraday margin (500$ per car) and the pipe dreams like ‘make 2points per day and you will be wealthy because of great liquidity’, and now the MES step in for undercapitalized.

My advice is to start the trading career on the other market, less competitive. If you are strictly directed to the US index futures, look at the NQ/MNQ, if you can trade European session look at the Euro Bund, but anyhow firstly became profitable trader of other market(s), not the ES. You must be boxer firstly, and think about champion's arena secondly, otherwise you will be in the knockdown in no time.
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I felt ES is more stable than NQ
 
Bad_Badness said:
I did sort of the same during election week, traded after hours because the volume was there, and actually very smooth. Went to bed about midnight PT, and got up at 9-10 AM to trade the "slow period" which corresponds to lunch time ET.

When there are 5 point moves in 5 second bars, then reversals throughout the day in the same bar, I leave the Thunder dome. As Tina Turner sung, "we don't need another hero... Just a life beyond the Thunder dome.."

So what do you think Gerry? Still interested?
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of cos interested, ES is one of the most stable market and have reasonable trend for you to catch there.

If you are interested we can live chat and chitchat for a bit.
 
AbbotAle said:
Dow futures are better (up to about 10 lots).

The bigger price on Dow versus ES means it charts slightly better IMO.
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Less speccy stocks in Dow, and the stock prices are bigger within the Dow which smaller traders usually give them a pass/detour.
 
Market gonna start soon.... which side will you guys go?

Long? Short? or to flip a coin?

Anyway I am gonna go short soon when mkt starts.
 
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