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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: OX who wrote (41918)12/7/2000 5:50:05 PM
From: Louis V. Lambrecht  Respond to of 44573
 
OX - I intend to day-trade the NQ.
Have observed that you have 6 well defined trade windows a day.
Would never dare to hold NQ over night.
But a simple system stop loss -10 limit +30 makes no harm.
Some days, you would make 5 RTs, some none, just play the technicals you are accustomized to.
Haven't observed the ES long enough to even envision that instrument yet. In 6 months maybe. Then Forex and the real ones (CR and SP).

Would I trade longer term on the NQ, I probably could be better with trading options on the QQQ.
Has it's own idiosynchrasis in intraday volumes, as most options have anyway.