YM or TF - Emini Index Futures Trading | futures io social day trading
futures io futures trading


YM or TF
Updated: Views / Replies:4,278 / 8
Created: by tderrick Attachments:1

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you dont need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

YM or TF

  #1 (permalink)
Elite Member
Nashville, Tennessee
 
Futures Experience: Intermediate
Platform: Ninja / Jigsaw / 9G
Broker/Data: AMP / CQG
Favorite Futures: NQ, YM and ES
 
tderrick's Avatar
 
Posts: 1,589 since Sep 2010
Thanks: 4,260 given, 2,527 received

YM or TF

I'm regrouping to develop a new system while I save up some capital.

Which market would be better for a Sophmore trader to develop in, YM or TF...
or something else perhaps...



tia


AJ
Nashville, Tennessee


"Life On The Edge of SR"
Reply With Quote
 
  #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.

 
  #3 (permalink)
Elite Member
Germany
 
Futures Experience: Advanced
Platform: Quanthouse, Multicharts
Broker/Data: IB / IQ / EBS-ETS
Favorite Futures: FDAX, FGBL, FGBM, CL, ES
 
Locust's Avatar
 
Posts: 95 since Aug 2010
Thanks: 40 given, 112 received


I personally prefer the Russel in longer timeframes and the Dow intraday due its liquidity and volatility.
But it depends completely on the kind of system ( timeframe, tradefrequency etc.. ) to advice on a good market.

Locust


Reply With Quote
The following 2 users say Thank You to Locust for this post:
 
  #4 (permalink)
Elite Member
Berlin, Europe
 
Futures Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker/Data: Interactive Brokers
Favorite Futures: Keyboard
 
Fat Tails's Avatar
 
Posts: 9,638 since Mar 2010
Thanks: 4,225 given, 25,558 received
Forum Reputation: Legendary

Comparison TF and YM

If we look at the last three days

Wednesday

Range TF 677.8 -669.5 = 8.3 points -> 83 ticks
Range YM 10806 - 10735 = 71 points -> 71 ticks

Thursday

Range TF 683.8 -667.8 = 16.0 points -> 160 ticks
Range YM -> 10887 -10680 = 227 points -> 227 ticks

Friday so far

Range TF 680.9 - 670.8 = 10.1 points -> 101 ticks or
Range Ym 10807 - 10718 = 89 points -> 89 ticks or

You get about the same number of ticks for your money.

Tick Value

The tick value for YM is USD 5, for TF USD 10. So you would trade half the number of contracts of TF compared to YM. If you trade a small number of contracts, you would have more flexibility with YM.

Whipsaws

It looks as if YM currently runs a little bit smoother. Maybe this is because it is easier for arbs to handle YM than TF.

Attached Thumbnails
YM or TF-tf-12-10-15-min-_-ym-12-10-15-min-01_10_2010.jpg  
Reply With Quote
The following 10 users say Thank You to Fat Tails for this post:
 
  #5 (permalink)
Elite Member
Italy (IT)
 
Futures Experience: Advanced
Platform: ATAS, R|Trader, NT8
Broker/Data: Rithmic
Favorite Futures: CL, Brent, GC, TF
 
LukeGeniol's Avatar
 
Posts: 1,501 since Apr 2010
Thanks: 408 given, 974 received

tderrik, you tolld that already trade YM, it move little more smoothly than TF, and also for your small pocket is better if u stay with it as it is half size value.

Take your Pips, go out and Live.
Luke.
Reply With Quote
The following user says Thank You to LukeGeniol for this post:
 
  #6 (permalink)
Elite Member
Nashville, Tennessee
 
Futures Experience: Intermediate
Platform: Ninja / Jigsaw / 9G
Broker/Data: AMP / CQG
Favorite Futures: NQ, YM and ES
 
tderrick's Avatar
 
Posts: 1,589 since Sep 2010
Thanks: 4,260 given, 2,527 received

Thank You

Thanks to all for the input...


AJ
Nashville, Tennessee


"Life On The Edge of SR"
Reply With Quote
 
  #7 (permalink)
Elite Member
Quebec
 
Futures Experience: Intermediate
Platform: NinjaTrader wt Rancho Dinero's profiling tools
Broker/Data: Stage 5 trading/AMP/CQG
Favorite Futures: ES, NQ, YM
 
trendisyourfriend's Avatar
 
Posts: 3,697 since Oct 2009
Thanks: 3,041 given, 4,492 received

Commision for TF is lower than YM. When you trade one contract it does not mean much but i suppose for a big player it is.

Reply With Quote
 
  #8 (permalink)
Site Administrator
Manta, Ecuador
 
Futures Experience: Advanced
Platform: My own custom solution
Favorite Futures: E-mini ES S&P 500
 
Big Mike's Avatar
 
Posts: 46,238 since Jun 2009
Thanks: 29,350 given, 83,169 received


trendisyourfriend View Post
Commision for TF is lower than YM. When you trade one contract it does not mean much but i suppose for a big player it is.

Is it still?

https://futures.io/traders-hideout/5757-new-fees-tf-russell-2000-futures-contract.html

Mike

Due to time constraints, please do not PM me if your question can be resolved or answered on the forum.

Need help?
1) Stop changing things. No new indicators, charts, or methods. Be consistent with what is in front of you first.
2) Start a journal and post to it daily with the trades you made to show your strengths and weaknesses.
3) Set goals for yourself to reach daily. Make them about how you trade, not how much money you make.
4) Accept responsibility for your actions. Stop looking elsewhere to explain away poor performance.
5) Where to start as a trader? Watch this webinar and read this thread for hundreds of questions and answers.
6)
Help using the forum? Watch this video to learn general tips on using the site.

If you want
to support our community, become an Elite Member.

Reply With Quote
The following user says Thank You to Big Mike for this post:
 
  #9 (permalink)
Elite Member
Berlin, Europe
 
Futures Experience: Advanced
Platform: NinjaTrader, MultiCharts
Broker/Data: Interactive Brokers
Favorite Futures: Keyboard
 
Fat Tails's Avatar
 
Posts: 9,638 since Mar 2010
Thanks: 4,225 given, 25,558 received
Forum Reputation: Legendary




As per today regulatory and exchange fees are USD 1.14 per executed contract for all E-Minis (ES, YM, NQ) and for TF.

Reply With Quote

Reply



futures io > > > > YM or TF

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

Dec 7

Linda Bradford Raschke: TBA

Elite only

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
BarChart data on the YM stephenszpak Reviews of Brokers and Data Feeds 14 April 26th, 2012 08:10 PM
can i use mt4 or 5 with ES,YM , NQ? optimus prime MetaTrader 3 September 24th, 2011 09:36 AM
Strider's switch from stocks to YM jmjstrider Elite Trading Journals 60 July 18th, 2011 05:06 PM
trader7757 and the YM and ES trader7757 Elite Trading Journals 8 July 16th, 2011 07:43 PM
Big Tape / BuyZone on YM max-td Traders Hideout 11 September 11th, 2009 11:46 AM


All times are GMT -4. The time now is 09:55 PM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-11-21 in 0.11 seconds with 20 queries on phoenix via your IP 54.81.139.56