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Do you have proof of that ? I was not aware that stops and targets are correlated. I would have to see some statistics on that to believe it.

Appreciate that comment and comes back to my idea that stop setting is an art-form. Of course your response provides me with no valuable detail...i.e. "proprietary".

So stops based on calculations are worthless you say ? All very impressive credentials, but doesn't leave me with much information. re: "S&P market internals"...what exactly are these numbers ?. And this is not for setting stops, only position sizing , correct ? I am looking for stop setting...

Thanks for that idea Meta...greatly appreciated. However, what time-frame are you talking about ? Daily ? Whew, in this market, that's a wide, wide stop. It doesn't apply to someone who is scalping for a few minutes in ES with large size. I wonder if Keltner channels would work on shorter...

Ah...thanks for the response Robert, but technically I am asking for day traders who use stop orders to speak up.

There are indicators like Historic Volatility and then there are simple calcs like Highest High minus Lowest Low over a period of time. Finally, there is the VIX index. Which one does everyone use to help set their stop loss points ? With recent volatility, fixed stops have been getting...

There are algos like Historic Volatility and then there are simple algos like Highest High minus Lowest Low over a period of time. Finally, there is VIX. Which does everyone use to help set their stop loss points ? With recent volatility, fixed stops have been getting decimated IMHO.

Well done Overnight....I love that analogy with this crisis....we have all of these "zombies" with Covid19 walking around. Perfect storm for equity markets around the world.

Guys - I thought I would post on here about my experience at futures.io and how their constant deletion of posts has gotten to the point of paranoia. They delete posts whenever there is a "whiff" of a vendor making a post. Now, one would think they would be tracking the id's of potential...

You meant to say "exchange fees", correct ? And then one wonders "why" the CME fees are higher ? I mean given their fantastic volume....they should be cheaper IMHO.

Equivalent to 1 ES/NQ contract.

Sorry, it was never in my radar before.

Thanks so much for that cvds16.....greatly appreciated.....and yes I am looking for the biggest and assuming they are the most liquid.

Can someone enumerate the available index futures for the European indices ? It would be great to get a handle on the name of the exact exchange and the symbol for the contract.

Thanks for this valuable feedback. Based on this, I have a funny feeling that rolling out the new micro CL contract is going to go a lot smoother for the CME.

Of course, and I am asking how the CME does it. When they first started the MES/MNQ contracts, certainly they had to insure prices were nearly the same. My bet is they first had to hire some arbitrageurs to do this as just relying on independent traders would not be reliable IMHO.

Yes, but we are talking about 2 separate order books. To make the two separate contracts identical requires a way to keep both order books in-sync. This takes arbitrage....someone needs to be selling when one contract's price gets above another and vise-versa.

Dude, I respect your opinion, but could they trust "all of the boys" ? I think not. They had set-up agreements with arb firms to make this happen IMHO. But either way, the price differential is neglible IMHO. Bottomline: Somehow the CME is making MES/ES, MNQ/NQ Time and Sales price differences...

Wow, that's what I was exactly looking for "trdes"....thanks for that ! Somehow, the CME is maintaining parity between ES/MES and NQ/MNQ. My thinking is they have hired some arbitratures to keep the MES book in line with the ES book. Thoughts on that speculation ? Otherwise, how else could they...

From a technical standpoint, how is the data stream derived for the Micro prices ? Is there pricing arbitrage with the larger contract happening ? Has the CME Group maybe automated that particular function to keep prices in parity ? Has anyone compared the Micro contract prices with the Mini...