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>Being in for an hour is an eternity to me, but for some people it is much
>better. So in the end, it all comes down to know
>yourself when choosing the right market to trade.
So true.
Ian: Why not test your methods/systems in both the NQ and the ES in the time
frames you plan to trade? I know where my method works best, but we can't
tell you about your's.
BW
>From: Simon Campbell <simtrader@xxxxxxxxxx>
>To: omega-list@xxxxxxxxxx
>Subject: Re: E mini or E Nas Opinion required ?
>Date: Thu, 24 May 2001 02:56:57 -0400
>
>Having traded both I prefer the NQ. I find that the risk/reward profile is
>better and the moves "purer". I also find that support/resistance
>swinghigh/low points tend to hold better in the NQ than the ES which often
>chops around a lot more. I also find the NQ to be a truer market in the
>sense that if the NQ and ES are going in opposite directions, that given
>time, it is more often the NQ that provides the better directional
>bias. These observations are based on a 5 minute chart. I think the ES
>has it's place but probably on a big picture timeframe like 15min or
>30min. For multiple in-and-out $200 moves during the day on a 5 minute
>chart - I think the NQ wins the day. My winners in the ES are typically
>using a 15min chart with all losers on the 5min chart! So when I say
>"best" perhaps I should say "best for me"(!) given that I enjoy 5min
>trading more than 15min trading. I do agree that trading the 15min chart
>can be more relaxing in the ES - so in the end, it all comes down to doing
>what is most comfortable for you. My temperament is such that I don't
>actively enjoy being "in the market" so I pick trades that can get me out
>in 5-15 minutes. Being in for an hour is an eternity to me, but for some
>people it is much better. So in the end, it all comes down to know
>yourself when choosing the right market to trade.
>
>My $0.02 ...
>
>Simon.
>
>
>At 08:36 24/05/2001 +1200, you wrote:
>>Hi,
>>
>>Consider this, you have traded E mini and E Nas and you chose one over the
>>other to trade more regularly . If this is you I would like to know why
>>and any
>>experience that you emcountered in the benefit in the switch .
>>
>>Thanks
>>
>>Ian
>
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