POLL: Intraday traders, what % of your total profits is generated by a single market?

Intraday traders, what % of your overall profits is generated by a single market?

  • Less than 25%

    Votes: 3 5.5%

  • Between 25% and 50%

    Votes: 3 5.5%

  • Between 50% and 75%

    Votes: 6 10.9%

  • More than 75%

    Votes: 43 78.2%
  • Total voters
    55
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Quote from Thunderdog:

....Although I had traded ES for a while until a few years ago, I presently prefer NQ. I find that it accommodates my approach somewhat better .......
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Interesting comment TD.
What did you develop your approach upon.

ie ...The only thing that I know is intraday trading the ES ( leaving aside position Fx futures)

If I know anything at all about day trading it all comes and only comes from ES observations.

Were I to try say NQ, I would dump my ES approach and start from scratch with the NQ order flow ... this is not going to happen I can assure you.

regards
f9
 
Quote from killthesunshine:

Why would NQ be better for you than ES for instance? Any insight?
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I can only speculate why NQ might be better for me than ES. However, I know from experience that my NQ setups are more reliable, and I am better able to control the loss on a trade gone sideways (or the wrong way). Perhaps it is just a matter of method and personal preference.

One thing that makes me feel vaguely uneasy is that the tick size for ES is disproportionately larger than its full-sized counterpart. Others have put forward the argument that this discrepancy enables arbs to benefit at the expense of other traders. Although I am not well versed in these matters, I don't readily see a flaw in that argument. On the other hand, NQ's tick size is exactly proportionate to its full-sized counterpart. Consequently, that kind of arbing opportunity is not present and I am therefore not subject to such a disadvantage. Again, I don't know if this has any bearing on NQ giving me more reliable setups. I'm just trading the market that is presently the friendliest to me.
 
99.44% ES. While I generate the vast majority of my profits from trading the ES, I do, on rare occassion, trade Equities. In addition, I have traded Forex (EUR / USD) only once - late at night while chatting with ElectricSavant.

- Spydertrader
 
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