NexusFi: Find Your Edge


Home Menu

 





Does MES have any advantage over ES ??


Discussion in Traders Hideout

Updated
    1. trending_up 1,430 views
    2. thumb_up 6 thanks given
    3. group 2 followers
    1. forum 4 posts
    2. attach_file 0 attachments




 
Search this Thread

Does MES have any advantage over ES ??

  #1 (permalink)
Mrhamster
San Francisco , CA
 
Posts: 23 since Aug 2022
Thanks Given: 21
Thanks Received: 10

Does MES have any advantage over ES ??

MES commissions and fees are higher than ES per contract .

I don't see any reason to trade MES ,

Reply With Quote

Can you help answer these questions
from other members on NexusFi?
REcommedations for programming help
Sierra Chart
MC PL editor upgrade
MultiCharts
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
Better Renko Gaps
The Elite Circle
Pivot Indicator like the old SwingTemp by Big Mike
NinjaTrader
 
  #2 (permalink)
 
Pariah Carey's Avatar
 Pariah Carey 
Memphis TN
Legendary E-mini dictator for life
 
Experience: Advanced
Platform: Thinkorswim
Broker: TDAmeritrade
Trading: Futures
Posts: 1,056 since Jan 2014
Thanks Given: 158
Thanks Received: 3,672

If you have a tiny account you'd be very well advised to trade mes. The higher fees are just a cost of admission when you're a small retail trader.

In March 2020 I traded mes on a not so tiny account because the daily moves in the equities were gigantic. I typically risk 20 points per contract in es, back then 20 points was just a speed bump to the market. I went to multiple mes contracts at 50 points per, same risk, but could stay in a trade much longer.

MES is a necessity if you're a small retail trader. Risk management is the number 1 priority.

Money make ya handsome
Reply With Quote
  #3 (permalink)
Mrhamster
San Francisco , CA
 
Posts: 23 since Aug 2022
Thanks Given: 21
Thanks Received: 10



Pariah Carey View Post
If you have a tiny account you'd be very well advised to trade mes. The higher fees are just a cost of admission when you're a small retail trader.

In March 2020 I traded mes on a not so tiny account because the daily moves in the equities were gigantic. I typically risk 20 points per contract in es, back then 20 points was just a speed bump to the market. I went to multiple mes contracts at 50 points per, same risk, but could stay in a trade much longer.

MES is a necessity if you're a small retail trader. Risk management is the number 1 priority.

Why could you stay in a trade much longer ? Did you find MES moved slightly different than ES ?

Reply With Quote
  #4 (permalink)
 
Pariah Carey's Avatar
 Pariah Carey 
Memphis TN
Legendary E-mini dictator for life
 
Experience: Advanced
Platform: Thinkorswim
Broker: TDAmeritrade
Trading: Futures
Posts: 1,056 since Jan 2014
Thanks Given: 158
Thanks Received: 3,672

Cause I was risking 50 points per contract per trade in mes rather than 20 points per contract per trade in es. Two and a half times more risk. MES is 1/10 the size of ES so I just figured out how many more mes contracts I could take on but still keep the actual dollar amount of risk the same. It's just position sizing math.

There was a day in March 2020 (or maybe April) where I was trading es with a 20 point risk and I got stopped out in like 90 seconds. It was absurd. ES was practically untradeable back then because of the volatility and lack of liquidity. After that I said fuck that noise and went to mes for a few weeks until things calmed down.

Money make ya handsome
Reply With Quote
Thanked by:
  #5 (permalink)
Mrhamster
San Francisco , CA
 
Posts: 23 since Aug 2022
Thanks Given: 21
Thanks Received: 10

Watching ES and MES side by side , MES looks to move slightly smoother than ES .

Reply With Quote




Last Updated on September 15, 2022


© 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