I think objectively speaking, the NQ is good for someone starting out that wants less volatility than say YM. The tick value is the same with less whip and more liquidity. I like the russell, my method works well for it.
I trade NQ, YM and ES depending on which one is doing what for the day. Given my druthers I will trade the YM first because of the spread. NQ is next and ES last but when one is significantly stronger or weaker than the others I will go with the flow. In certrain situations I like ES because it tends to have stronger S/R lines. I watch ER2 also but not brave enough to tackle it yet.
sound like a good plan beer belly thanks for you input. however i started this thread to discuss the success or failure of people who are trading the nq. As of the past few months I have found that the best e-mini to trade is the russell for the brave and the next the nq last ym.
my experience is that the nq trades pretty much in lock-step with the es.
instead of $50 (4 ticks) you get $40 (8 ticks), so the scalpers might perfer nq, but for all intents and purposes, I have found that the nq is "just" a slightly less risky version of the es.
some traders think it "trends" more than the es, but once again, my experience is that they trade in lock-step.