Quote from Fast_Trader:
Actually, I was the one who told ya DAX is better
-Fast
Yeah. You were. And I still stand to my point that it could be rather dangerous for a beginner!
There are many reasons why I think DAX is better, though. There's too little volatility and too large tick size in the ES to get that much out of it. ES these days is like trying to watch paint dry! :eek:
Unless ES gets a tick size of 0.1 per tick or less, I really see no future for ES as a scalping medium. In fact, YM is much better, and to be considered the single best scalping market in the US. The problem here though is tiny liquidity, tiny tick value ($5/T) and massive commissions. All of which the DAX beats the crap out of, with E12.50/T, 60+ point daily ranges, and Eurex's lower comms structure and exchange rules, such as
native stops on Eurex, which can only be
simulated on Globex!
The only argument for ES & Co is if you want to do serious size, and longer timeframes (both of what AMT does, for example), but unless you want to move 50+ cars per click, the DAX is the finest choice indeed.
