General: Eminis vs. stocks
- Thread starter Janitor
- Start date
I was prop trading for about 18 months starting in July 2000 went from 15 cents a share(after a week learning) to about 3-4 at the end March of this year. I feel I was way better at the end to the market just got that much harder and much more random. By the time I quit I was basically just picking directions. I though about trying eminis since it seemed if all I was doing was picking the market they seemed like the most efficient vehicle.
If I get started again I think I'll try emini. For now I'm in Law school though and its quite enjoyable. Maybe I'll start a sole proprietorship so I could trade and practice at the same time. Or be a judge.
If I get started again I think I'll try emini. For now I'm in Law school though and its quite enjoyable. Maybe I'll start a sole proprietorship so I could trade and practice at the same time. Or be a judge.
Does anyone here trade options on the ES? Is there enough volume and open interest?
500 shares of SPY is 50 times the index. One es (e mini s&p) contract is worth 50 times the index (S&P). So futures es contract is the same as 500 shares of SPY.
A lot of people don't like spy because it moves kind of slow. But using leverage in the futures market makes it move a little faster.
It takes $3 thousand nine hundred and something dollars to put on one contract. Most brokers will let you day trade it for only $ninteen hundered and some dollars.
At any rate, whether you trade stocks or options or futures or options on futures, you still have to be right to make money.
I really love es. That's all I trade. It's a big market over there and there's something for everyone. Whether you like to get in and out quickly, or just go short in July and use the 50 day sma as a stop.
A lot of people don't like spy because it moves kind of slow. But using leverage in the futures market makes it move a little faster.
It takes $3 thousand nine hundred and something dollars to put on one contract. Most brokers will let you day trade it for only $ninteen hundered and some dollars.
At any rate, whether you trade stocks or options or futures or options on futures, you still have to be right to make money.
I really love es. That's all I trade. It's a big market over there and there's something for everyone. Whether you like to get in and out quickly, or just go short in July and use the 50 day sma as a stop.