"market on open" entry

A

alfobs

Do you think that entering markets at open price does not make any sense for electronic futures contracts? Though, because of the gap between close and open in the electronic markets, the open price can still be defined, but the related volume would be extremely low even for liquid markets. Would you still risk entering an electronic future market at open? If no, what would be the best entry point then?
Thank you.
 
depends what market. the "liquid" markets have plenty of volume on their open - check out the Eurex Bund, Eurostoxx, etc. Loads there unless you you are trading large (non-retail) size.

Markets like ES are practically 24 hr anyway - MOO doesn't really make sense on such markets.
 
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