M6B is it worth it?
futures io futures trading



M6B is it worth it?


Currencies

Created February 9th 2012 by petrmac
Updated February 9th 2012 by ddouglas
looks_oneddouglas with 1 posts (3 thanks)
looks_twopetrmac with 1 posts (0 thanks)
 
trending_up1,512 views
thumb_up3 thanks given
forum2 replies
attach_file0 attachments



Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 100,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

M6B is it worth it?

  #1 (permalink)
Czech Republic
 
Trading Experience: Beginner
Platform: NinjaTrader
Favorite Futures: E7, M6E
 
petrmac's Avatar
 
Posts: 174 since Jun 2011
Thanks: 275 given, 208 received

M6B is it worth it?

Hi,

does anyone have experience with trading the M6B? The leverage is even smaller than in case of M6E, but the volume is low and the commissions can be problem if the targets are not big enough.

Despite the issues for a beginner who wants to trade real $ this instrument might have some advantages...

Thanks for your opinions.

Visit my futures io Trade Journal Reply With Quote

Can you help answer these questions
from other members on futures io?
adding labels that always stay on the left on horizonal lines
ThinkOrSwim
Trailing stop order in MotiveWave?
Platforms and Indicators
Price Levels With Start And End Times
ThinkOrSwim
measuring the length of a candle
MultiCharts
vwap strategy
TradeStation
 
Best Threads (Most Thanked)
in the last 7 days on futures io
ES futures Spoo-nalysis SP500/SPX
195 thanks
Coronavirus COVID-19
162 thanks
Recession? Depression? Bailout!
158 thanks
Understanding Footprint Charts / Number bars
64 thanks
Gold Futures (GC) main discussion
50 thanks
 
  #2 (permalink)
New York, NY
 
 
Posts: 47 since Oct 2011
Thanks: 49 given, 70 received

I think you'll find all the questions relating to this contract answered by the M6E/E7 threads (of which there are several), except that the spread on M6B is usually a little wider (~4 ticks). All other characteristics are pretty much the same.

M6A is also a good one, if you're interested in the Aussie.

The other currencies (Canadian, Japanese, & Swiss) can get a little more tricky, and are significantly less liquid than the M6E, M6B, & M6A.

While we're on the topic, if you want to trade the other currencies (Micro-Canadian, -Japanese, or -Swiss), make sure you select MCD, MJY, & MSF respectively (NOT the M6C, M6J, & M6S). Reason: MCD, MJY, and MSF are settled in US $$, and will not trigger a currency-conversion, which will usually cost a conversion fee and some headache.

M6C, M6J, & M6S are all settled in the opposing currency.

Reply With Quote
The following 3 users say Thank You to ddouglas for this post:

Reply



futures io Trading Community Traders Hideout Currencies > M6B is it worth it?




Upcoming Webinars and Events (4:30PM ET unless noted)
 

futures io is celebrating 10-years w/ over $18,000 in prizes!

Right now
 

$250 Amazon Gift Cards with our "Thanks Contest" challenge!

Right now
 

Social Media Predictive Data for Traders w/Joe Gits @ SMA [and Lime Brokerage]

Apr 9
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Cory's VolumeStopV3 (and now V4) - Worth A Look! HJay NinjaTrader 469 January 27th, 2020 07:41 PM
Is BMT Elite Worth It? telco Feedback and Announcements 41 May 9th, 2012 10:27 PM
is it really worth it? Silvester17 Commodities 99 February 21st, 2012 09:56 PM
CFDs - not worth trading? Twiddle The Elite Circle 22 August 25th, 2011 09:21 AM


All times are GMT -4. The time now is 11:21 AM. (this page content is cached, log in for real-time version)

Copyright © 2020 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts