Oh yeah! It is totally possible…just don’t use dry flies or poppers 🙂 .
All you have to do is apply the same good old rule “match the hatch”.
Nymphs are the best but small streamers works too. Perch is usually the target but this year I was surprised with a few bass eating my nymphs.
The setup I use is simple: a small 24″ ultralight ice fishing rod that cost me $12 and a $2 reel. The main line is a 4lb ice fishing braid about $6 … so you can have one rod setup like that with under $20.
Tie a fluorocarbon leader on the main line and then all you have to do is go to your favorite pond, drill a hole in the ice and “cast” your new fly rod 🙂 . Let the nymph(s) sink to the bottom. If you use two flies put the heaviest one first and the smallest one on the dropper with around 14-16inch distance between. In case you decide for a squirmy-wormy fly a Palomar knot is best, have the fly tied straight on the main line(no dropper). This helps you make that worm move more naturally.
The ones that gave me best results lately are in this order: Caddis, Buzzers, Squirmy-wormy, Micro black streamer.
Also important if you tie the squirmy-wormy on the line, try to have the hook point up, that way when the fish hits it the hook-up is always in the upper jaw, and that is what you want for a 100% catch/no miss/no loose 😀
Of course that I carry a lot of other models, trying to combine or find the best working fly, all depending on the water colour, time of day, weather, depth…but enough theories for tonight 😀 we can always talk more on this subject, just let me know if you’re interested.