NexusFi: Find Your Edge


Home Menu

 





TF thread (Russell 2000) ... anything goes


Discussion in Emini and Emicro Index

Updated
      Top Posters
    1. looks_one kbit with 791 posts (476 thanks)
    2. looks_two Big Mike with 38 posts (37 thanks)
    3. looks_3 Silvester17 with 31 posts (55 thanks)
    4. looks_4 Boomer34 with 23 posts (5 thanks)
      Best Posters
    1. looks_one Silvester17 with 1.8 thanks per post
    2. looks_two Big Mike with 1 thanks per post
    3. looks_3 aligator with 1 thanks per post
    4. looks_4 kbit with 0.6 thanks per post
    1. trending_up 232,632 views
    2. thumb_up 782 thanks given
    3. group 69 followers
    1. forum 1,126 posts
    2. attach_file 269 attachments




 
Search this Thread

TF thread (Russell 2000) ... anything goes

  #1061 (permalink)
 
jakobe's Avatar
 jakobe 
Atlanta, Georgia
 
Experience: Beginner
Platform: Sierra Chart
Trading: MES
Posts: 112 since Sep 2016
Thanks Given: 69
Thanks Received: 91

On AMP I see the data being $117/mo

My god... I dont know how anyone would pay that with it going to $5/tick.
Yikes

Reply With Quote
Thanked by:

Can you help answer these questions
from other members on NexusFi?
The space time continuum and the dynamics of a financial …
Emini and Emicro Index
Deepmoney LLM
Elite Quantitative GenAI/LLM
Exit Strategy
NinjaTrader
New Micros: Ultra 10-Year & Ultra T-Bond -- Live Now
Treasury Notes and Bonds
ZombieSqueeze
Platforms and Indicators
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
61 thanks
Funded Trader platforms
38 thanks
NexusFi site changelog and issues/problem reporting
27 thanks
GFIs1 1 DAX trade per day journal
18 thanks
The Program
18 thanks
  #1062 (permalink)
 
kbit's Avatar
 kbit 
Aurora, Il USA
 
Experience: Advanced
Platform: TradeStation
Trading: futures
Posts: 5,854 since Nov 2010
Thanks Given: 3,295
Thanks Received: 3,364


kbit View Post
Looking for a short to get down to 16.9
Not seeing anything yet but am watching...



Started this thread Reply With Quote
  #1063 (permalink)
 
kbit's Avatar
 kbit 
Aurora, Il USA
 
Experience: Advanced
Platform: TradeStation
Trading: futures
Posts: 5,854 since Nov 2010
Thanks Given: 3,295
Thanks Received: 3,364



jakobe View Post
On AMP I see the data being $117/mo

My god... I dont know how anyone would pay that with it going to $5/tick.
Yikes

I understand but I will continue to trade it. The ym is 5 and nq is $5 as well(as I remember...haven't looked at it in years) so I look at it that way.
At the end of the day as you know each index has it's own "personality" and TF is most compatible with me.
I suspect they won't attract new traders for the reason you state but pretty soon it will go back to the CME and will do much better over there. In the mean time people like me will get hosed a bit more.

Started this thread Reply With Quote
Thanked by:
  #1064 (permalink)
TFallday
Minneapolis, MN
 
Posts: 2 since Nov 2016
Thanks Given: 2
Thanks Received: 1


jakobe View Post
On AMP I see the data being $117/mo

My god... I dont know how anyone would pay that with it going to $5/tick.
Yikes

I still can't wrap my head around this. This has to be some sort of late April Fools prank. I heard that it needs to get regulatory approval first. I hope it doesn't!

Reply With Quote
  #1065 (permalink)
 westmalle 
Eindhoven The Netherlands
 
Experience: Intermediate
Platform: Sierra, NinjaTrader
Trading: TF NQ YM 6E ES
Posts: 52 since Mar 2013
Thanks Given: 55
Thanks Received: 40

Will the reduction of value per tick cause more liquidity on the TF?
Will traders now increase their amount of contracts for trading in order to compensate for the lower price per tick?

Does anyone know how the reduction of value per tick size - while maintaining the minimum ticksize - affected other indexes or main futures instruments in the past ? So not e.g. the 6E as there the ticksize also changed.

I am just new to trading the TF and I like the index. But I am worried that the TF will behave different due to the reduction of value per tick and that it will be hard to simply double the amount of contracts used in order to compensate for the reduction of value per tick.

Reply With Quote
Thanked by:
  #1066 (permalink)
 
kbit's Avatar
 kbit 
Aurora, Il USA
 
Experience: Advanced
Platform: TradeStation
Trading: futures
Posts: 5,854 since Nov 2010
Thanks Given: 3,295
Thanks Received: 3,364


westmalle View Post
Will the reduction of value per tick cause more liquidity on the TF?
Will traders now increase their amount of contracts for trading in order to compensate for the lower price per tick?

Does anyone know how the reduction of value per tick size - while maintaining the minimum ticksize - affected other indexes or main futures instruments in the past ? So not e.g. the 6E as there the ticksize also changed.

I am just new to trading the TF and I like the index. But I am worried that the TF will behave different due to the reduction of value per tick and that it will be hard to simply double the amount of contracts used in order to compensate for the reduction of value per tick.

I don't know the the answer to your question but am inclined to think it will trade the same.

Started this thread Reply With Quote
Thanked by:
  #1067 (permalink)
 monday 
chicago, illinois
 
Experience: Master
Platform: NinjaTrader
Trading: oil
Posts: 8 since Sep 2012
Thanks Given: 1
Thanks Received: 1

Anybody trading Russell today have any reports about differences or changes since last week?

Reply With Quote
  #1068 (permalink)
southall
London UK
 
Posts: 1 since Dec 2016
Thanks Given: 0
Thanks Received: 1


monday View Post
Anybody trading Russell today have any reports about differences or changes since last week?

You would expect volume to double, but it stayed about the same today as it was last week.
Also market depth at each level seemed to stay the same instead of doubling.

It was like no one knew anything had changed.

So ICE will lose 50% of the revenue from this product if volume does not increase.

This makes me almost think they did this on purpose to kill the contract before it goes back to CME.

If it stays like this, then market is now thinner at every level than it was before
Although it shouldn't make much difference if you are trading less than 10 contracts.
But as Market depth seems thinner than it was before (adjusted for the new size) i would expect more slippage on fills during fast/volatile moves.

Reply With Quote
Thanked by:
  #1069 (permalink)
 
kbit's Avatar
 kbit 
Aurora, Il USA
 
Experience: Advanced
Platform: TradeStation
Trading: futures
Posts: 5,854 since Nov 2010
Thanks Given: 3,295
Thanks Received: 3,364


monday View Post
Anybody trading Russell today have any reports about differences or changes since last week?

Seems same to me

Started this thread Reply With Quote
  #1070 (permalink)
 
kbit's Avatar
 kbit 
Aurora, Il USA
 
Experience: Advanced
Platform: TradeStation
Trading: futures
Posts: 5,854 since Nov 2010
Thanks Given: 3,295
Thanks Received: 3,364


Haven't looked at charts till just now but would say we're going down to at least 35.4
Not sure after that, maybe a long shortly after it gets hit...wait and see

Started this thread Reply With Quote
Thanked by:




Last Updated on April 28, 2020


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
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.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts