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 Post subject: Why I like to trade E-Minis over stocks!
PostPosted: Sun Dec 03, 2006 7:38 pm 
Here are some very compelling reasons why we prefer to trade e-mini YM to stocks (off the top of my head).

-I can day trade without needing $25,000+ in the account! I have two accounts with about 10K in them.
-Comissions are decent $4/round turn trip on the YM
-Tax Reasons - You don't have to list every sale on your return! (for people in the USA)
-It's liquid enough. Market orders are instant. No weird fills
-The spreads are never going to be huge like they can get on stocks
-Focusing on one instrument day in and day out is less complicated and more productive
-I can sleep in! As I dont have to wake up at 6am and scan for stocks to trade
-Share size allocation is easier. I trade from 3-8 contracts depending on the setup
-I've held a stock that plunged 20 pts due to random company event. While econ reports move the futures. It's never been THAT bad!
-There are always shorts avilable!
-Comissions are reasonable (I pay around $4.10/round trip)
-No uptick rule (not that its going to be lasting too much longer)
-The $5/tick range of the YM makes for lower slippage(ES, ER too volitale=bad slippage)

If anyone has any more to add, then feel free!

Stan


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 Post subject:
PostPosted: Mon Dec 18, 2006 6:14 pm 
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Joined: Thu Nov 02, 2006 1:17 pm
Posts: 108
Location: Asheville, NC
agreed on all accounts!


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U.S. Government Required Disclaimer - Commodity Futures Trading Commission. Futures and options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the futures and options markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to Buy/Sell futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results.

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