So every tick on emini equals $12.50?

D

Dominic

I have been thinking about trying out the emini futures; so for the s&p emini's every tick equals $12.50 with one contract or $50.00 for a pull tick?

Thinking about using IB to start; any advice on who to use for charts for futures? Not sure if IB offers realtime charts?

Thanks
 
CHINKITY CHINK HEE HAW HEE HAW

IT'S DOMINIC THE DONKEY!

CHINKITY CHINK! (HEE HAW HEE HAW)

THE ITALIAN CHRISTMAS DONKEY!

J/K

Dominic, yes, $12.50 per tick. But do yourself a favor- don't think in ticks - think in points. If you knew better you wouldn't want to be a scalper. Be a TRADER.

Risk about 2-4 points in attempt to take 10-25 from ES.

Trade Support & Resistance!

Good luck, friend.
:D
 
Thanks for the advice!

Question; do you now if Lind Waldock is a good broker for eminis? I currently use Schwab for my equities and they have a partnership referral with LW.
 
Hey Dominic,

Lind Waldock is a very good broker.

I clear directly through MF Global & naturally Lind is a Guaranteed IB for MF.

Good company.


REMEMBER: Focus first on your strategy & technique; don't lose yourself in silly indicators & counting pennies in fees.

Hope this helps!
 
IB does have real time charts. You can also use their feed to DDE to say Amibroker charts (I use them btw w/IQFeed). Keep in mind that if you use the free feed from IB to your charting software, backfilling data will be mighty slow.
 
Quote from GCSICLRBC:

Hey Dominic,

Lind Waldock is a very good broker.

I clear directly through MF Global & naturally Lind is a Guaranteed IB for MF.

Good company.
More...

MF Global owns Lind Waldock.
Man Financial purchased the assets in 2005 from the failed REFCO.

What do you mean by Lind being a guaranteed IB?
Futures accounts are NOT insured in the event of a failure.
 
brownsfan019, do you know why the margins have gotten so bad on openecry? They used to give a person a lot of rope to hang themselves (joke)? Now everything requires huge capital upfront even for intraday. I am about to dump them, oh and the commissions have gone up too.
 
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