Comments

You must log in or register to comment.

t1_j6obj6u wrote

Why use micro futures instead of the real deal?

​

Ie -52 MES you could do -5 ES.

​

-550 MNQ you could do -55 NQ.

5

OP t1_j6obtmq wrote

I go in and out of the positions incrementally (kind dollar cost averaging I guess) to get a better entry/exit prices

1

t1_j6ooip5 wrote

you can still do that with minis lol

2

OP t1_j6op7tf wrote

It’s what I am accustomed too and I find I tend to get a better price point that way… idk maybe it’s all in my head

1

t1_j6opcwy wrote

commission is eating into you at that size..... just trade minis instead

2

OP t1_j6or67p wrote

I’m going to set my pride aside, and say you’re right after I just checked how much my monthly commissions totaled.

3

t1_j6oran1 wrote

you need better entries if you are averaging down that much that's all.

3

t1_j6oeru7 wrote

so about 14mm notional just on the futures, and a 1% move against you will use up all that excess liquidity? seems brave

3

OP t1_j6of6h7 wrote

I see a profit taking ‘pop’ happening toward market close … better to be early than late. My goal is to be out of this position before 6am tomorrow

1

t1_j6o9k1i wrote

Hey, if you haven't already, please reply to this comment with your positions and what led you to enter or exit them!

I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.

1

OP t1_j6oolab wrote

To be fair I don’t know why it’s reading like that … I captured a $70k gain - and as of 1 minute ago had -$50k unrealized so my daily is +$20k

1

t1_j6ope5z wrote

you are highly regarded

1

t1_j6oc636 wrote

[deleted]

−1

t1_j6ogti4 wrote

Have to say that is a pathetic comment. Especially when the OP is losing $50,000 +. Poor taste.

2