The big question. How do i sort through the mess of the e-minis?

[ronlewis]

I really like the ER because of the volatility and the bang for your buck but the ICE exchange has purchased the Russell from the CME and the change is happening in Aug so don't know how that is going to affect it. For now, my goal is $600 a day on 1 contract. Love that volatility.

 

[ganesh6]

Somebody said NQ/ER2/YM are traded electronic completely whereas ES is not. Is that true. Any impact on ES if that is correct. Thanks

 

[suedeuno]

I haven't had any problems getting good fills on the YM. If anything it seems more choppy since changing exchanges. As far as following the ES, at times it does but I've also seen it lead at times. You definitely want to have both up as you can get some nice early cues from each, albeit matter of 1-2 seconds.

Quote from triggertrader:

i hear your point about the YM. the fact that it moves in only 1 point increments which are worth only $5 you can set profit target per ticks easier. the question is despite the smaller minimum ticks in the dow compared to the other eminis, do the minimum ticks in the dow move quicker than the minimum ticks in the other e-minis?
i have traded this contract before. one problem i have with it is liquidity. the volume today was 135500 and open interest only 90669. compare that to the e-mini closest to the mini dow, the russel
volume at 196908 but open interest way ahead at 648608. so what about slippage?
i heard something else about the emini dow. it follows the s&p. wouldnt it be better to trade the leader and not the follower?

 

[ronlewis]

The S& P e-mini are electronically traded as well. There is trememdous liquidity (look at the number of contracts at any on level on your trading dome). Therefore there are many more traders that trade the S&P vs the YM, NQ, or ER. I actually like the fact that the ER trades less contracts as it adds to the volatility, just my preference. As for which leads the way. I try to focus on the contract that I am trading and leave the rest to others. I have tried to watch several indexes at once and it seems to confuse me. Again, just my preference.