For the past years (since 2012) I compared BTC and ES (because I trade ES). And in that period I found that for me ES is generating a multiple of profits. Leverage is bigger, frequency to trade is bigger, never any overnight risk and drawdown is hugely smaller (so better risk/reward). So for me it is obvious that ES is much better from any point of view. I beated the BTC in every year since 2012.
The only problem with ES is that in ETH you cannot trade big size, which is no problem for BTC.
I would add that on ES, the predictable big moves, are when I stay away (for a short bit), e.g. Fed announcement. The unpredictable big SUDDEN moves are "OK" and I deal.
But what about BTC? How are the big moves' predictability? Time frames? Overnight? Multiple news sources or multiple event driven? To me this would be an issue to address in the system and tactics.
Seems like BTC in the Micro version might be better for swing trading the larger waves. I.e. trading as a reaction to the large moves in the aftermath.
BTC does have some thing like 1256 treatment as a future product, (I think). But monthly rollovers, slippage-spread, suitable fill tactics, and volume would need to be examined.
Every system will need to adapt to a new instrument. Or at the very least,
VERIFYING, ALL PARAMETERS are suitable. Those who don't do this are not ready to trade, and are doing one of those things that contribute to the high percentage of trader career failures.
Adapting-verifying, for me would take some time, so I am pretty sure, I would be sidelines for 6 months as the Micro BC gets going.
Thanks for the thoughtful reply on ET.


