Day & Night trading Derivatives Futures

[maxinger]

MBT Micro Bitcoin futures trading - key parameters


margin requirement US$3.5K / LOT

1 tick = 5 points = US$0.50

risk per lot : 40 ticks = US$20 <<< this ought to be
reduced when liquidity improves.

volume charts: 10V and 30V

volume traded is rather low.
as time goes by, the parameters have to be adjusted.

 

[maxinger]

MBT 4 May post mortem / reverse engineering / hindsight analysis

up @903am, Asian session
max reward risk ratio 7:1

down @ 909pm, US session
max RR ratio 6:1

Trendiness : quite bad

bid-offer spread : extremely bad


volume was very pathetic.
let's see if it will improve.

 

[maxinger]

oops! mistake.
The above posting is for 3 May.


4 may session.
Lately Asian and European index futures are very trendy.

sigh .... Micro btc futures volume is very pathetic.

 

[Overnight]

...

sigh .... Micro btc futures volume is very pathetic.

The hell cares about volume. I am seeing tremendous potential in it. It's volume on it's first day seems to have exceeded the BTC big boy future.

And MBT initial margin is close to MNQ initial. Once I get more historical data on it, will be able to get a better handle on it.

 

[maxinger]

The hell cares about volume. I am seeing tremendous potential in it. It's volume on it's first day seems to have exceeded the BTC big boy future.

And MBT initial margin is close to MNQ initial. Once I get more historical data on it, will be able to get a better handle on it.

I am sure the volume will pick up.

I remembered then Russell 2000 was listed in CME, the volume
only picked up a few weeks later.

 

[maxinger]

MBT 4 May post mortem / reverse engineering / hindsight analysis

down @835a Asian session

down @1002p US session

again no signal during the European session

Trendiness : quite bad

bid-offer spread : extremely extremely bad

So MBT not suitable for day trading.


let's see if it will improve a few weeks later.

 

[Overnight]

...

let's see if it will improve a few weeks later.

Dude, I can see this thing being the biggest micro launch since the micro equity indices 2 years ago. Every Tom, Dick and Harry wants a low barrier to entry into Crypto. Well, here it is.

 

[toon]

Would you please tell me the entry, exit, and initial stop-loss prices for these two trades? Thanks!

MBT 4 May post mortem / reverse engineering / hindsight analysis

up @903am, Asian session
max reward risk ratio 7:1

down @ 909pm, US session
max RR ratio 6:1

Trendiness : quite bad

bid-offer spread : extremely bad


volume was very pathetic.
let's see if it will improve.

 

[maxinger]

Would you please tell me the entry, exit, and initial stop-loss prices for these two trades? Thanks!

down @835a Asian session
entry price 56800
stop loss : 57100

down @1002p US session
entry price 55400
stop loss : 55700



exit?
No way to tell how far the price will go (or whether the trade will be successful).

Let's say we trade with 3 lots (or multiple of 3s).
1stlot - perhaps target a small decent Reward risk ratio of ~3:1
3rd lot - hold it for a very long time to stretch the RR ratio
2nd lot - TP somewhere in between


as mentioned, it is still not a good time to day-trade MBT.
Let the swing traders and investors profit from it.

 

[maxinger]

MBT Micro Bitcoin futures trading - key parameters
updated

margin requirement US$2K / LOT

1 tick = 5 points = US$0.50

risk per lot : 40 ticks = US$20 <<< this ought to be
reduced when liquidity improves.

volume charts: 15 and 45V


chart style : Heiken Ashi candles


OK. I am ready to trade MBT.

with such a bad bid-offer spread, quantity traded has to be reduced.