Well, that could apply to someone with $50,000 - they may be clueless. A person with $50 may be a far better trader than most, they just don't have the capital.While I think at least 3 of the contracts will be successful, it doesn't make futures trading appropriate for anyone who can spell CME. There is something else that irks me though...
It is all but guaranteed that very close to 100% of the participants will be "retail". So now the behavior of this hobbyist/novice/middle-class/low risk tolerance retail crowd is corralled and can be analyzed. This "knowledge" may have the potential to create increased volatility, and this unsuspecting retail group may not survive a mere return to volatility normalcy.
Like I said, I think at least 3 of the contracts will be successful, but it doesn't make futures trading appropriate for anyone who can spell CME and has $50 in their pocket.
...This "information" may can possibly make expanded instability, and this clueless retail gathering may not endure a negligible come back to unpredictability regularity.
OK some hard commission prices on the Micro Dow: $3.50 per contract includes all fees.
This is with Gain Capital / Global. So 7 ticks to break even.
Smaller contract encourages swing trading over scalping.
Tuesday I call to get this lowered. Input welcome.
OK some hard commission prices on the Micro Dow: $3.50 per contract includes all fees.
This is with Gain Capital / Global. So 7 ticks to break even.
Smaller contract encourages swing trading over scalping.
Tuesday I call to get this lowered. Input welcome.