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Most Appropriate emini for Beginners
- Thread starter burlap
- Start date
The NQ isn't too bad. At $5 a tick you can't do to much damage. You signed up years ago so you should know the deal. First you lose, then you B/E, then you make a little money and so on.
This may sound a little strange but consider it. You can open an account with Oanda forex, trade gold and control the pip size. It's been a a tear of a trend so buy on a pullback. Or just trade 1 contract at $10 a tick on Comex/Nymex.
The eminis are harder to trade because they don't trend as well/clean. Why because they are used for hedging and so many programs trade them.
This may sound a little strange but consider it. You can open an account with Oanda forex, trade gold and control the pip size. It's been a a tear of a trend so buy on a pullback. Or just trade 1 contract at $10 a tick on Comex/Nymex.
The eminis are harder to trade because they don't trend as well/clean. Why because they are used for hedging and so many programs trade them.
Quote from dandxg:
...
The eminis are harder to trade because they don't trend as well/clean. Why because they are used for hedging and so many programs trade them.
Depending on the strategy employed, that is not necessarily an adverse circumstance.
____________________
Tom
My <a href="http://www.datatime.eu/public/gbot/2009_11_03_Tue_Wed_Overnight/default.htm" target="_blank">futures autotrading</a> journal
Quote from iuykcif:
Depending on the strategy employed, that is not necessarily an adverse circumstance.
____________________
Tom
My <a href="http://www.datatime.eu/public/gbot/2009_11_03_Tue_Wed_Overnight/default.htm" target="_blank">futures autotrading</a> journal
Off topic, I was checking out your website, may I ask what you are using to draw your graphs in your .NET GUI?
Quote from Craig66:
Off topic, I was checking out your website, may I ask what you are using to draw your graphs in your .NET GUI?
Sure. It's plain and simple GDI+
Here is a nice faq on the topic:
http://www.bobpowell.net/faqmain.htm
____________________
Tom
My <a href="http://www.datatime.eu/public/gbot/2009_11_16_Mon/default.htm" target="_blank">futures autotrading</a> journal
Quote from burlap:
As a beginner which emini should a beginner use first for simmulation then for real. Thanks,Lloyd
Use the 6E as simulator, then trade with the Micro and if you're making money step up to the Mini (E7) and then to the 6E, again.
http://www.cmegroup.com/trading/fx/fx/forex-e-micros.html