YM Traders

BUT WHY DID SYSTEM GIVE ME ALL THE GOOD STUFF FOR SO LONG?...............WAS IT FALSE EVEN THOUGH IT WAS CORRECT EVEN WHEN I JACKED WITH IT A LITTLE.......WHAT U GUYS DON'T REALIZE IS THAT A SYSTEM DEVELOPER IS ADDICTED TO DEVELOPMENT OF SYSTEMS........ALWAYS LOOKING FOR BETTER STUFF..........THAT'S ME..........CAN'T BE SATISFIED WITH 95 PERCENT ACCURACY........THAT IS FAILURE FOR ME.......UNLESS FAILURES ARE BREAKEVEN.........THEN I CAN ACCEPT FAILURE........DON'T EVER BE INFLUENCED BY ANYTHING U READ ON THIS FORUM...............UNLESS U PROVE IT FOR YOURSELF A FEW HUNDRED TIMES.........SO FAR THE LATEST SYSTEM IS BY FAR THE BEST..............SO IS IT TIME TO STOP DEVELOPING........
 
Sorry! Right, where was we? The YM......it may have a bit more steam left in it but not much. Personally i think it's at an ideal level for anybody to throw a small GTC sell at. 700 in the next three weeks as resistance. Things could be worse! You could have to work a glory hole for the money.
 
Quote from sammybea:

Okay, so I just started trading the YM and had a simple question about liquidity. I understand that I can probably get in and out with about 10 contracts without slippage.

But lets say my daily target is 10 points everyday. And I want to make a million dollars over 12 months (cause I am one greedy and unrealistic guy!) How the hell am I supposed to pull in approx 5 grand a day through the YM? Thats basically 100 contracts for my average of 10 points per day. Is it pretty much impossible to daytrade that size to reach my goals?

On the other hand with the ES, I feel like you can daytrade and make over 10 million in one year if you have the skills.




Learn on YM, then switch to ES when you want to size up. That is the route that I took.
 
An excellent example is why I won't give the answers on this forum.....too many here are freaky...........vol, jm, porgie are the best IMHO.....never step in the gutter........vol is correct........learn on the cheap @ $5 per point.......if one refuses to start slow he will quickly exit..........
 
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