mini Gold futures-useless?...anyone trade it?

I have a small account (10k), i'm new to trading futures, and I'm very interested in gold.

Seems to me that if you place a MIT order and stops, you can avoid some of the slippage in minigold? That and enter trades when volume is up.

THoughts?
 
Quote from lwmoss:

I have a small account (10k), i'm new to trading futures, and I'm very interested in gold.

Seems to me that if you place a MIT order and stops, you can avoid some of the slippage in minigold? That and enter trades when volume is up.

THoughts?
More...
No youll still get slipped just the same. No way to avoid slippage. The slippage isnt bad on eminis at all, so its not a problem.
 
i use them because i cant really take a $30 move with a regular contract

however a $30/3 move i can handle

its great if your learning to trade as your money will go 3 times farther
 
You must log in or register to reply here.
Back
Top