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2nd go-around


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2nd go-around

  #11 (permalink)
tomwalshco
kansas city, mo
 
Posts: 7 since Jan 2014
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tderrick View Post
I was wondering if you had any experience with NQ? I noticed you trade the other two main equity indices.

I have been trading NQ for a while, but think I may swing with YM for a bit and then graduate to ES when the
patience and technique is locked.

So, basically, what made you choose YM over NQ for your low volume / thinner market choice?

grazie

ps

..and Welcome Back !!

My choice is based on familiarity, really.
When I first started, YM was THE player and what people talked about. I look at the NASDAQ list and hell .... more than half of those companies didn't exist in 2000.

Besides -- starting from scratch again (as an old geezer), I like:
- $5/tick vs $12.50
- whole numbers
- industries I understand (how can a share of Twitter be worth twice $$ a share of GE? huh?)

...and a small potatoes guy like me looks at these indices like a marching band going down the street. They're not all in perfect step, but from 20,000' they are. I'm familiar with the tuba -- so I'll watch him for a while . Can't really concentrate on them all..... or worry about what they had for breakfast, or if their girlfriend is mad at them, or they just got a C- in chemistry, or, or, or.

So I guess that makes me a fundamentals / momentum / news trader. I can sit on the beach and watch the waves come in -- I don't need the Weather Channel telling me what I'm looking at .... and technicals seem better suited for forensics, at least for me.

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  #12 (permalink)
tomwalshco
kansas city, mo
 
Posts: 7 since Jan 2014
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Just made the threshold -- here's my screenshot...

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  #13 (permalink)
 
tderrick's Avatar
 tderrick 
Nashville, Tennessee
 
Experience: Intermediate
Platform: Ninja / Jigsaw / 9G
Broker: AMP / CQG
Trading: NQ, YM and ES
Posts: 1,588 since Sep 2010
Thanks Given: 4,260
Thanks Received: 2,532



tomwalshco View Post
Just made the threshold -- here's my screenshot...


I have never noticed these parameters in Ninja. I set my ATM's so long ago, some things must have
changed. (or I was simply too quick in setting up my ATM's)

Thanks for the screenshots ... I will take a second look.

And it DOES appear you can have a target of zero. A beautiful way of simply taking what the market
gives you.


AJ
Nashville, Tennessee


"Life On The Edge of SR"
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
  #14 (permalink)
tomwalshco
kansas city, mo
 
Posts: 7 since Jan 2014
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Thanks Received: 3

This may have you confused -- I've got 2 boxes open at same time.

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  #15 (permalink)
 
tderrick's Avatar
 tderrick 
Nashville, Tennessee
 
Experience: Intermediate
Platform: Ninja / Jigsaw / 9G
Broker: AMP / CQG
Trading: NQ, YM and ES
Posts: 1,588 since Sep 2010
Thanks Given: 4,260
Thanks Received: 2,532


tomwalshco View Post
This may have you confused -- I've got 2 boxes open at same time.


Grazie ....


I try to keep things so simple, I had no idea all that stuff was in there !!


AJ
Nashville, Tennessee


"Life On The Edge of SR"
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote




Last Updated on February 23, 2014


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