Does anyone here trade the 2 year note futures exclusively? I’ve been watching the price action and I like it however I’ve spoken to a few traders that say it’s Not really for retail traders because to get filled it has to completely clear the queue. any thoughts ??
With the exchange spread margins - it is dirt cheap to capitalize (Twos to Fives, Twos to Tens, Twos to Eurodollars, etc.). You will want to swing trade it - day trading it is NOT advisable because of slippage and a very limited intra day trading range. A friend of mine made a fortune spreading Twos to Fives and Twos to Tens as a Prop trader for TransMarket Group - he carried positions and was very clever about adding to winners.