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CME Futures Micro lots

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  • Registered Users Posts: 126 ✭✭ themossinator


    Mach 3 wrote: »
    Hi guys, just wondering have any of you guys tried the Micro lots from CME Group? It is 1/10 the size of e=minis and seems to be geared towards the retail trader.

    https://www.cmegroup.com/education/frequently-asked-questions-micro-e-mini-equity-index-futures.html

    What are the Pro's /Cons?

    tried out day trading for a little bit when I had more spare time and was on these for currencies
    for one thing they don't have a spread as far as I remember, so you can trade smaller timeframes/price movements more efficiently

    Just would need to monitor a chart some day and see if the liquidity is there and no erratic spikes and stuff - basically **** that will **** up your trading

    Also with spot you can be more precise with your position - with micros it is fixed at the minimum and I found for me that even the min size micro lot left me with a bigger stop than my risk management dictated - depends on how much you are risking per trade of course

    Personally went back to trading spot fx as you will need some sort of paid package to see live data and I just found spot more convenient - also if you want to trade them you will need to go through a specific broker like Dorman for example, maybe through the Ninja Trader platform - good luck!


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