Equities vs. Futures

From the CBOT web site:

The emini S&P moves 1 point in 4 quarter point increments. The mini-sized Dow will move an equivalent 10 points in 10 1-point increments, giving you 6 extra places to put your stop or your target. This is a huge advantage over trading the emini S&P and will save a trader a lot of money. By trading the mini-sized Dow, you are essentially cutting the spread by 60%. That money goes straight into your pocket.
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For those of you who think tick size on the emini S&P is not that important - read the above from the CBOT web site touting the advantages of the Dow mini.

Time for the Emini S&P to trade in .10 tick size
 
It trends better specifically because no one has a specific advantage over anyone else (other than the size of your wallet). No specialist or market maker priveleges, everyone's on equal ground so long as you have the necessary capital to compete (unless you're a e-local and can see the pit from where you are).

Fast fills because Globex is basically an ECN and you don't have to wait for the market maker or specialist.

Orders are kept on a machine so the specialist doesn't know he can bust your stop. Locals can go on stop busting, but they can only GUESS where they are, unlike specialists who KNOW.

Good tick size because now a single tick in your favor covers your commission, unlike being pennied to death (screw dime ticks).

Its all anonymous so there are no axes or big players.

No figuring out if news applies to your specific stock, only to the market in general.

More possible indicators than general stocks (U/D Vol, A/D Ratio, Breadth, TICK, etc.).

Basically its like Nasdaq on speed. Survival of the fittest and strongest. If you can master futures, you can master stocks. Its to the Nasdaq what the Nas is to the NYSE.
 
IMHO, the most important reason of all - no single or even two stock risk - the only risk is "market" risk.

On the other side of the coin, no "leading indicators."

nitro
 
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