Best Strategy on QQQ

GA:

It's always exactly 800 qqq's = 1 naz e mini

1 e-mini ndx point = $20

qqq price = ndx/40

1 emin point / 40 = $0.025

equivalent position in qqq's needed to equal 1 emin contract move

$ 0.025 * 800 shares = $20
 
So what's wrong? The multiplier is the same, $20 * future or index, whatever, there's a basis, but the equivalency is always the same - 800 shares per e-mini. Not 850, not 750, 800. Unless the CME changes the multiplier...
 
A move on the QQQ is approx 1/40 of a move on the NQ ( naz emini ). In other words a .30 move on the QQQ is equal to a 12 point futures move. The NQ's move in $20 per contract, per point, increments.

800 shares QQQ X .30 = $240
1 NQ contract X 12 points = $240

commission is less on Futures but as your size increases it is near the same as trading the QQQ with size.

Allen

-----------------------
" Genius begins great works, labor alone finishes them "

---Joseph Joubert
 
I didn't say anything about every year, last year it returned 150% from the long side, and about 800% from the short side.
And it's freely available on the internet. Just not from me:p
 
Back
Top