Point Roberts, WA, USA
Experience: Advanced
Platform: IB and free NT
Broker: IB
Trading: ES
Posts: 4,034 since Dec 2010
Thanks Given: 1,509
Thanks Received: 2,593
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Are the mini contracts increasing the stop width?
For example a small retail trader on SP500 could only trade the ES. Now the small retail can trade the MES.
For the ES 5 points away for your stop was $250
now, with the MES that 5 pts is $25.
Before the retail might have wanted a further away stop but be limited be budget. Now he/she could use a wider stop and still be in there budget.
What have people noticed?
I imagine the big boys with the algos might like to feed off the minnows as well as the mini fish.
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peace, love and joy to you
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