ES vs NQ vs YM

[rcj]

Quote from oldtime:

well, I must say ES vs YM is a lot of fun. I remember when they invented YM and I took a look at it and traded it a few times and figured, "why bother?"

Too bad I was too stupid to spread it.

As far as I can figure, the correlation is aprox 95%, which means there's almost no way to make or lose money.

You can put it on for peanuts. I'm just a little itty bitty trader and a full load is 5 ES vs 6 YM.

The fun thing is you can violate every rule about trading you've ever tried to adhere to.

My rules are

1. Never add to a winner

2. Always add to a loser

3. Take any small profit

It's just something to do when you're being disciplined in your other positions.

These days my bar is set pretty low, I'm just trying to beat the long bond.

If you are trading manually, isnt it a bit tricky getting out of the
5/6 ?

 

[oldtime]

Quote from rcj:

If you are trading manually, isnt it a bit tricky getting out of the
5/6 ?

I know. Some young kid who knows his way around a computer could put on a program to auto take a profit, but it's more theraputic than it is a money maker.

Just something to do when you're bored. And that can be a whole lot cheaper than fooling around with a serious position.

 

[rcj]

Quote from oldtime:

I know. Some young kid who knows his way around a computer could put on a program to auto take a profit, but it's more theraputic than it is a money maker.

Just something to do when you're bored. And that can be a whole lot cheaper than fooling around with a serious position.

Ok, Got ya. Well, i confess to doing the same thing except just
on a one/one basis. Manually. Im even more of a piker than u.
Its fun though at times.