russell 2000 emini

mightymight, you will have no trouble daytrading this at all. It's very liquid and very volatile so you can definitely make a lot of money (or lose more) with fewer contracts than with the other e-minis (my opinion).
 
I trade the ER2 up to 10 contracts (usually 2 to 5). Never had an issue with a fill. You can probably do up to 30 to 50 contracts without a problem.

My trading style/system uses limit orders. So market orders will vary.

ER2 is very liquid these days.
 
what do you mean by slippage in particular? I use IB - the commissions are cheap ($2.2 per side per contract), the spread is 1 tick about 98% of the time ( very tight ).
 
thanks polpolik, thats what I meant, some people make these assumptions about slippage being these huge numbers that make systems fail, as in $500 per trade or I have heard $40 per contract per trade, a bunch of random assumptions which can add up quickly.
 
I use Interactive Brokers and use Zero Line Trader as my front end when daytrading the e-minis and ER2.

Commissions are small enough you can make money from 1 tick... albeit negligible.

If you bought at 707 and sold at 707.1, you still make $5.60 per contract.
 
nah, unless you're trading 9 contracts, at which point $40 is negligible, you can make money on ER2.

But quite honestly, It's easy to make money on ER2 daytrading or scalping it but it's very easy to lose money on it, too. I was just looking at my P&L on ER2 and although 80% of my daytrades on Er2 are profitable, the big swings of losses kept my profits at a minimum. That can be attributed to my strategy, too. It's hard to keep tight stops on ER2 when scalping.

Swing trading ER2 is much profitable for me.

I prefer to daytrade the YM or NQ. Behaviour is less erratic.
 
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