how big are your stops for YM and ES?

[whitster]

my stops are dependant on the setup

i use as little as 5 YM points and as much as well over 100 (swing).

the intraday setups generally use between 8-16 pts stop on YM

but again, depends on the setup

 

[acerbits]

Quote from Jander:

I think you meant to say your stop loss is 4-5 ticks on the ES?

mah bad

 

[golablue]

I day trade ES. My stops are based on the volatility present in the market at the time the trade is placed. Thus, they're always different.

 

[acerbits]

how big are you guys gains compared to loss on average? mine is roughly 1.6x with 60% winners

 

[brownsfan019]

Average ES stop for me is 1-2 pts. As others here, my stops are based on the setup being traded, so the actual amount varies per trade.

 

[Spectra]

Perhaps we should talk about trail rules.

 

[rover]

6 or 7 tick stp for es. dont trade POS YM

 

[increasenow]

to rover...why do you not like the YM?...seriously...thanks...

 

[rover]

its too choppy and commissions are too big a % of $5 tick size

 

[increasenow]

To rover...what do you thnk of the popular notion that newbies should stay away from the ES and ONLY trade the YM...I am sure many would like to also know...thanks Rover!