GC vs YG vs ZG

T

ts888

wanted to start a central thread for the pro's and con's of trading the 3 different Gold futures contracts.

what is the general consensus in terms of liquidity, slippage, volume, fees, etc ?

I have my own opinions but want to hear others first. Thanks.
 
I agree about trading CBOT over COMEX but keep in mind its all electronic now so we no longer have to endure waiting 2 hours for a horendous fill in the COMEX pits.
 
Are any of these contracts good for day trading? I heard that gold doesn't always honor trades and will fill your sells lower. Is that still the case? When im saying day trading i don't mean just scalping in and out within a few seconds i mean holding for at least 10 ticks and for a few minutes to a whole session. I never trades around big news announcements either so slippage during that period doesn't affect me
 
Quote from Blinz45:

Are any of these contracts good for day trading? I heard that gold doesn't always honor trades and will fill your sells lower. Is that still the case? When im saying day trading i don't mean just scalping in and out within a few seconds i mean holding for at least 10 ticks and for a few minutes to a whole session. I never trades around big news announcements either so slippage during that period doesn't affect me
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what do you mean by "gold doesn't always honor trades and will fill your sells lower. " ? are you referring to slippage? Yeah, there is slippage sometimes just like with most instruments. I am not aware of any extra weirdness. Please elaborate.
 
Quote from covered_call:

I agree about trading CBOT over COMEX but keep in mind its all electronic now so we no longer have to endure waiting 2 hours for a horendous fill in the COMEX pits.
More...


has anyone been trading the electronic GC? what kind of experiences have you had with it ?
 
its seems to me that margin and commission per contract are higher for COMEX products ( GC + SI )

however they have been doing the majority of volume
for quite some time
and there is something to be said for "liquidity"
 
Quote from SethArb:

its seems to me that margin and commission per contract are higher for COMEX products ( GC + SI )

however they have been doing the majority of volume
for quite some time
and there is something to be said for "liquidity"
More...

yes, exactly. Who cares if you get a $1.00 cheaper RT if you routinely give that up to multiple tick slippage and/or have to deal with wide spread.
 
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