Tuesday, July 30, 2019

Tues. 7/30 +0.2%

12:30pm CDT - Still at it. Liking the Micro NQ for no-pressure trading and working out new methodology.
RESULTS FOR DAY
MNQ Contracts:1
Net $P/L: 20
Wins: 1
Losses: 0
Win%:100
Avg$Win: 20
Avg$Loss: 0

For Micros, on 5/28/19 I noted volume on that day compared to full E-mini equivalents was
13% for MES/ES
15% for MYM/YM
30% for MNQ/NQ
22% for M2K/RTY

Today I looked at total July volume. 
20% MES/ES
29% MYM/YM
56% MNQ/NQ
27% M2K/RTY
Quite the continued increase. At $1.25/tick for MES vs. 50 cents/tick for the other 3 it can make more sense to trade these rather than a demo account. The biggest issue is most broker's commissions require you to make at least 2 or 3 ticks just to breakeven.

1 comment:

  1. When they first came out I was about to trade 5 contracts till I did the math. It only makes sense to use them as a training tool and only trade 1 contract. Like you said it's better than a demo account since you have a little skin in the game.

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