NexusFi: Find Your Edge


Home Menu

 





Trading the new CME E-Micro's (E micro) MES, MNQ, MYM, M2K and other micros


Discussion in Emini and Emicro Index

Updated
      Top Posters
    1. looks_one SMCJB with 27 posts (77 thanks)
    2. looks_two bob7123 with 23 posts (35 thanks)
    3. looks_3 Rrrracer with 17 posts (51 thanks)
    4. looks_4 mattz with 17 posts (46 thanks)
      Best Posters
    1. looks_one FuturesTrader71 with 7.5 thanks per post
    2. looks_two Big Mike with 4.2 thanks per post
    3. looks_3 Rrrracer with 3 thanks per post
    4. looks_4 SMCJB with 2.9 thanks per post
    1. trending_up 166,695 views
    2. thumb_up 945 thanks given
    3. group 160 followers
    1. forum 486 posts
    2. attach_file 30 attachments




 
Search this Thread

Trading the new CME E-Micro's (E micro) MES, MNQ, MYM, M2K and other micros

  #411 (permalink)
 
FuturesTrader71's Avatar
 FuturesTrader71 
 
Posts: 391 since Feb 2012
Thanks Given: 174
Thanks Received: 1,513


slofutures View Post
Hello everyone,

for those of you who trade Micros on stock indexes,

how is the execution in terms of slippage?

Thanks!

Tight spread and trades/fills well. No issues.

Risk Disclaimer: Trading Futures is not suitable for all investors. Past Performance is not indicative of future results.

If you have any questions about the products or services provided, please send me a Private Message or use the futures.io " Ask Me Anything" thread
Follow me on Twitter Reply With Quote

Can you help answer these questions
from other members on NexusFi?
ZombieSqueeze
Platforms and Indicators
The space time continuum and the dynamics of a financial …
Emini and Emicro Index
NexusFi Journal Challenge - April 2024
Feedback and Announcements
My NT8 Volume Profile Split by Asian/Euro/Open
NinjaTrader
Futures True Range Report
The Elite Circle
 
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
39 thanks
NexusFi site changelog and issues/problem reporting
26 thanks
The Program
18 thanks
GFIs1 1 DAX trade per day journal
18 thanks
  #412 (permalink)
SunTrader
Boca Raton, FL
 
Posts: 260 since Nov 2018
Thanks Given: 81
Thanks Received: 182


Silvester17 View Post
I voted no. like mentioned in the past, we already have more than enough derivative products. that will lead sooner or later to major problems.

I'm a strong believer that certain markets are not suitable for everybody. if you're a beginner, start with stocks/etf first. only after you have a good understanding how financial markets work, then you could advance to options. and then maybe you're ready for futures. but certainly not from the beginning.

just imho

Obviously everyone is entitled to their opinion but did I miss it where the CME is marketing micros to those who have never traded anything at all?

Also IMO there is no one size fits all as far as which market when and what progression/pathway to take.

Reply With Quote
Thanked by:
  #413 (permalink)
 
Rrrracer's Avatar
 Rrrracer 
On the road
Webinar Host
Trading Nomad
 
Experience: Intermediate
Platform: TradingView
Broker: Oanda
Trading: FX
Posts: 2,512 since Feb 2017
Thanks Given: 17,582
Thanks Received: 9,752



SunTrader View Post
Obviously everyone is entitled to their opinion but did I miss it where the CME is marketing micros to those who have never traded anything at all?


They're also great for FX traders who may be interested in making the move over to a regulated market with a centralized exchange.

Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #414 (permalink)
 
CannonTrading's Avatar
 CannonTrading   is a Vendor
 
Posts: 216 since Mar 2013
Thanks Given: 77
Thanks Received: 183


Rrrracer View Post
They're also great for FX traders who may be interested in making the move over to a regulated market with a centralized exchange.

I think the MICROS ( minis, currencies) and possibly the "new exchange" that is coming up with smaller products as well can be a great alternative for FOREX traders to finally trade on a centralized exchange

PM with any questions about Cannon Trading (800) 454-9572 (310) 859-9572. Trading commodity futures, forex and options involves substantial risk of loss. The recommendations contained in this post are of opinion only and do not guarantee any profits. These are risky markets and only risk capital should be used. Past performance is not necessarily indicative of future results.
Follow me on Twitter Reply With Quote
Thanked by:
  #415 (permalink)
 
Rrrracer's Avatar
 Rrrracer 
On the road
Webinar Host
Trading Nomad
 
Experience: Intermediate
Platform: TradingView
Broker: Oanda
Trading: FX
Posts: 2,512 since Feb 2017
Thanks Given: 17,582
Thanks Received: 9,752


CannonTrading View Post
I think the MICROS ( minis, currencies) and possibly the "new exchange" that is coming up with smaller products as well can be a great alternative for FOREX traders to finally trade on a centralized exchange

Whoops, yeah my bad.

Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
Thanked by:
  #416 (permalink)
 steve2222 
Auckland, New Zealand
 
Experience: Beginner
Platform: Sierra Chart
Broker: AMP/CQG
Trading: Whatever moves in my timezone
Posts: 1,896 since Sep 2009
Thanks Given: 3,379
Thanks Received: 1,540


FuturesTrader71 View Post
Hello traders,

Can you help us push the Micro-CL contract on CME/NYMEX by voting in this poll? I started pushing the micro indices back in 2012 and it took too long to get it done. We want to show them that there is demand for micro-energies.

Vote here:


I will be meeting with directors at CME later this week.

Appreciated!

FuturesTrader71

Hi FT71

How did you get on with Mr Duffey at the CME re a micro CL contract?

Prediction is very difficult, especially about the future - Niels Bohr, Danish Physicist
Reply With Quote
  #417 (permalink)
 
FuturesTrader71's Avatar
 FuturesTrader71 
 
Posts: 391 since Feb 2012
Thanks Given: 174
Thanks Received: 1,513


steve2222 View Post
Hi FT71

How did you get on with Mr Duffey at the CME re a micro CL contract?

Hi Steve,

I'm actually not connected with Terry Duffy. He is the Chairman and CEO of the exchange and probably has much better things to do than to hear me squeak.

I actually am meeting with one of the many directors next Wednesday and will start the process of finding out who the key people are who can influence the approval and create of the Micro-CL. I'm guessing I would end up talking with someone at NYMEX which is not here in Chicago, but will do my best to get things going.

Cheers!

Risk Disclaimer: Trading Futures is not suitable for all investors. Past Performance is not indicative of future results.

If you have any questions about the products or services provided, please send me a Private Message or use the futures.io " Ask Me Anything" thread
Follow me on Twitter Reply With Quote
  #418 (permalink)
 futures5959 
Orlando FL
 
Experience: Intermediate
Platform: NinjaTrader
Trading: Emini ES
Posts: 9 since May 2019
Thanks Given: 0
Thanks Received: 2

For all the micros, how is liquidity and/or slippage/spread during the night session? Is it more liquid than the mini?

Reply With Quote
  #419 (permalink)
 
FuturesTrader71's Avatar
 FuturesTrader71 
 
Posts: 391 since Feb 2012
Thanks Given: 174
Thanks Received: 1,513


futures5959 View Post
For all the micros, how is liquidity and/or slippage/spread during the night session? Is it more liquid than the mini?

I believe the liquidity in MES is excellent. Just keep size at or below 2 to start out and slippage is not likely to be a factor except if a news event takes place. The spread is tight and runs in line with ES. The other products are a bit thinner, but still manageable if you accept the added risk of not getting filled well on a big move. These are just my opinions. I check CTBookmap in the morning and it looks ok on calm nights.

Risk Disclaimer: Trading Futures is not suitable for all investors. Past Performance is not indicative of future results.

If you have any questions about the products or services provided, please send me a Private Message or use the futures.io " Ask Me Anything" thread
Follow me on Twitter Reply With Quote
  #420 (permalink)
 futures5959 
Orlando FL
 
Experience: Intermediate
Platform: NinjaTrader
Trading: Emini ES
Posts: 9 since May 2019
Thanks Given: 0
Thanks Received: 2



FuturesTrader71 View Post
I believe the liquidity in MES is excellent. Just keep size below 20 and slippage is not likely to be a factor. The spread is tight and runs in line with ES. The other products are a bit thinner, but still manageable.

Thank you. So you do think there's enough activity during the night session to trade the MES or ES? For those of us who just can't trade during RTH due to having 9-5 jobs.

Reply With Quote




Last Updated on August 28, 2021


© 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