observation so far on YM
1) Easier trade can be at before opening
2) Range chart (my current trade chart) give me some hope when put together with 5min chart (default chart).
3) I looked at required daytrade margin on my broker dom..only usd 900 compared to 1800++ about 10 years ago...what conclusion could be derived from that fact..?
a) Easier market
b) Tougher market
c) More traders
d) Fewer traders
e) Richer brokers
f) Brokers doing community service
1) Easier trade can be at before opening
2) Range chart (my current trade chart) give me some hope when put together with 5min chart (default chart).
3) I looked at required daytrade margin on my broker dom..only usd 900 compared to 1800++ about 10 years ago...what conclusion could be derived from that fact..?
a) Easier market
b) Tougher market
c) More traders
d) Fewer traders
e) Richer brokers
f) Brokers doing community service
It's b) and d) but also CME has been getting rich on charging monthly data feed fee so they can afford to lower their margin and in turn brokers can use low fee to attract more traders/wannabes.
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