but it would blow you away right? sidenote: would anybody recognize him or know that he was the real thing? I say no.
We should fight every battle to obtain a reduction on the spread. I mean, compare the spread between the ES and the QQQQ: Why have we got to pay more$ to open position on ES? Why pay more to play indices that dont move when on stocks there's virtually no spread, it doesnt make sense. Or does it?
I want it cost someone something to run in front of me. That's why I want a tick size which is not too large but large enough to matter. I don't want to be pennied to death. Imagine a poker game with no ante where people could look at their cards and throw them away at no cost. That's what you are suggesting with these micro increments. If you think you can make more money scooping up the 'big ass' spread, then do that. Nothing's stopping you. ES is not NASDAQ.
Yes, ES would be more likely to jump around like a nut case like YM acts like instead of a more steady like movement. Everyone would be fighting over $5 ticks...