MNQ vs. QQQ

A

antares66

Hello,
my question regards to trading MNQ in comparison to QQQ.
What would be the benefit in trading the E-micro contract?
Guess today the value of the MNQ is $13248. Every change of one point is $2.
When buying one contract you are trading an amount of $26496 (2x $13248).
The QQQ is at $ 322. To reach an amount of $26496 i could buy 82 QQQs.
My broker is IB and i could even buy QQQ cfds. Is there a benefit when trading the MNQ instead?
Thanks
 
antares66 said:
Hello,
my question regards to trading MNQ in comparison to QQQ.
What would be the benefit in trading the E-micro contract?
Guess today the value of the MNQ is $13248. Every change of one point is $2.
When buying one contract you are trading an amount of $26,496 (2x $13248).
The QQQ is at $ 322. To reach an amount of $26496 i could buy 82 QQQs.
My broker is IB and i could even buy QQQ cfds. Is there a benefit when trading the MNQ instead?
Thanks
More...
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Good reasons for both of them.FEB sold off hard last year.Not a prediction, not a bet.
QQQ pays dividends+ you have the option of collecting those or long term profits/with no margin/no forced selling.
TQQQ + your derivative makes more \losses more....................................................
There are no taxes in a Roth/back door roth. Certain restrictions apply
 
Might be saying something obvious to you here, but it depends on what kind of holding you do. If you need to be able to get stopped out outside market hours (e.g. due to using leverage and having no options hedge over a swing trade) then MNQ is obviously better.
 
Before TQQQ split, I recall 100 shares of TQQQ gained the same as 2 MNQ. I assume now because it split, 100 new shares of TQQQ is similar to 1 MNQ. The only benefit that I believe exists is that if you only have $10K in your investment account and can only afford 100 new shares of TQQQ, you can instead buy 1 MNQ, put aside $2500 towards that and make other traders with the remaining $7500 (assuming you are a profitable trader).
 
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