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System built on 6E but Trading on M6E

  #12 (permalink)

Tampa, FL
Trading Experience: Beginner
Platform: NinjaTrader, Sierra Chart
Broker/Data: Mirus Futures/Zen-Fire
Favorite Futures: 6E, M6E, 6J
Xav1029's Avatar
Posts: 1,374 since Dec 2011
Thanks: 1,452 given, 3,364 received

MarpleTrading View Post
Sorry for the confusion. I meant the commision is about $5 round trip meaning that you have to gain 4 ticks to cover for commisions alone. Trading spot forex you would only need two pips max to break even.

Therefore I see no ratio for trading M6E.

I pay $2.22 RT using Mirus Futures. I was surprised after I put a couple trades on because I was expecting $5 RT

Since he has been testing this automated strategy using the 6E, it is possible that he uses volume or order flow in his system. The only reason I don't trade spot is because all my trades are based on volume/order flow. Also what you have to remember is that this is a swing bot. If the commissions or slippage on a swing bot turn it unprofitable, there is a bigger issue. My .02

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