Notes for futures 1
(2007-07-14 20:38:47)
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Personally 1.25/tick just doesnt do it for me....
Especially at an additional 1.9/rt in commissions...
Try just trading one full sized contract till your strat is profitable.....
at least 1 tick covers all your upfront expenses... Worse case scenario, scalp a point here and there....
I just dont see the Benefit of minis... and if you consider 100-300 contracts (or so) per day liquid.... Or even the 2500 Soy contracts traded.
Well.. I like 100,000 contracts per day traded for liquidity.
Note, I am not knocking you, I am merely listing all the reasons why wouldnt waste $8.00/contract to trade one of those.. If your strategy is profitable, trade the fullsized and enjoy...
Corn went limit down almost 2 days in the past week, whereas soy has move almost 40 points one day last week... 2 days it moved 25 points.Iif you captured even a sliver of those moves,, the benefits FAR outweigh the logic in trading a mini....