You’re saving a boatload since your mom doesn’t charge you for room,board and meatloaf.you take 5 es trades a day, 250 trading days, 1250 trades per year, about 5K commiss/fees a year per contract.
who is making 5k a year per contract at home? nobody.
and thats just break even.
New Start-Up Exchanges Should Help, Not Hurt CME Group
- Thread starter ajacobson
- Start date
Found a profitable ES at home trader..
my bad, they do exist.
They do exist, sir. Just not as quickly as one may hope for in their own heads, and not in the same instruments you might think...
Oh blah Xand. This micro CL they are coming out with? It was tried before, with same symbol, "MCL". It failed back then. They thought it was ripe to launch back then but it failed. So they are just trying it again.
Well, I didn't say all their products were winners. They tend to retry down the line with a full marketing campaign.
Killing the micro is a mystery to me.
I suppose it was one of those things where the instrument had so little volume it wasn't worth keeping on the books?
Like why did pork bellies go away? Sheesh, with all the talk of bacon over the years, why did they not bring that one back?
And I can bet you a hundred sim bux that there are two factors that brought this thing back. The launch (and great success) of the Equity index micros, and that petition that was floating around to bring micro CL to fruition.
Micros are relatively expensive to trade but they are just a stepping stone to the bigger mini contracts
These days you can trade $300,000 worth of NQ for around $3 in fees and commissions.
A few years ago it was just $100,000 you could control for the same cost.
In a sense fees and commissions have fallen massively, for index futures anway.
Last edited:
utter BS. we are a relatively small algo shop, and make money trading CME products: metals, energy and currency.
Found a profitable ES at home trader..
my bad, they do exist.
It seems you failed in trading CME products, just because you failed, does not mean it is impossible to profit trading them even for small shops.