Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
Im using NT and using Continuum as data feed, can anyone tell me how to trade Micro S&P instead of emini as im new and want to start with smaller lots?
In a nutshell, you would have two charts. One would follow the mini contract and one would follow the micro. You'd do your analysis/whatever you do to make decisions on the mini but take your trades on the micro contract. They follow each other almost exactly but the micro has far less liquidity so there will be gaps in the prints. You would probably also have to make extensive use of limit orders due to the liquidity issue as well. You can get slipped a lot using stops and market orders on the micro.
@tturner86 had a pretty extensive journal trading the m6e micro euro.
I have decided to start a new open ended journal that I will use to recap and analyse my trades. I have been tweeting my trades as I take them so I can keep a running record that I can look back on to fill out my excel at the end of the day.
M6E is the micro Euro and MGC is micro gold. Those I believe are the most liquid. There isn't a micro S&P yet but supposedly it's "coming". I think I recently saw a thread in the forums mentioning the S&P micro recently.
I'm creating this thread with the purpose of a 'catch all' for any trading related question that futures.io (formerly BMT) members want to ask, but don't want to create a new thread for -- or find an existing thread to reply to.