YM Traders

Quote from quicktrader12:

Short here 10640 (small position):

20 pt stop.

Looking for first target of 10630

Covered half at 10630
+10

EDIT:
covered quarter postion here at 10620
+20

Next target open for now

Break even stop (10640) on remaining quarter position.
 
Quote from quicktrader12:

Covered half at 10630
+10

EDIT:
covered quarter postion here at 10620
+20

Next target open for now

Break even stop (10640) on remaining quarter position.

covered last quarter position at 10575

+65
flat now
 
Quote from volente_00:

Trade the big Dow, it is $10.

I was looking into the "big Dow" and IMO you're better off trading 2 YM contracts.

The volume isn't there for big dow, take a look at this:

$10 Volume
http://www.cbot.com/cbot/pub/page/0,3181,978,00.html

$5 Volume
http://www.cbot.com/cbot/pub/page/0,3181,1632,00.html
Plus the margin cost for one DJ (or ZD?) is the same as 2 YMs.

Scroll down:

http://www.cbot.com/cbot/pub/page/0,3181,2143,00.html#2c

Note: I'm a complete rookie so buyer beware.
 
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