EMini Nasdaq

Discussion in 'Index Futures' started by alain, Jul 10, 2001.

  1. alain

    alain

    I've been trading Nasdaq stocks for a while... my main problem is that from ten trade opportunities I'm only able to enter the market at five from those... specially when the market is breaking down and I want to enter short.. it's almost impossible. I guess some of you have the same problem..

    What I was wondring is if Emini Nasdaq futures are easier to enter and get out compared to the nasdaq stocks?


    Thanx, alain
    (Switzerland)
     
  2. jmeyer

    jmeyer

    try trading QQQ, the Nasdaq 100 tracker. There is no uptick
    rule to short. I trade with IB through Island with 1 cent
    per share. Trades are instantaneous long or short.
    you can limit risk with small lots until you're OK with
    your trading results rather than E-Minis one contract
    of which has about the same leverage as 1000s QQQ.
     
  3. tymjr

    tymjr

    Having traded both the Mini and the Q’s, I can say that I find fills much more reliable in the Mini. This may be a function of my trading style and not indicative of the Q’s except in my situation.
     
  4. dozu888

    dozu888

    NQ is far better a daytrading vehicle than QQQ, great liquidity, instant executions, and narrower spread than QQQ

    emini vs. stocks:

    mini can short into downtick, instant fills.

    stocks offer more choice, have own supply/demand in addition to overall market direction, tends to be more forgiving. can use mini as a lead indicator for top-down analysis.
     
  5. matt36

    matt36

    try trading QQQ, the Nasdaq 100 tracker. There is no uptick
    rule to short. I trade with IB through Island with 1 cent
    per share. Trades are instantaneous long or short.
    you can limit risk with small lots until you're OK with
    your trading results rather than E-Minis one contract
    of which has about the same leverage as 1000s QQQ.
    __________________
    jmeyer


    what type of data do you use. Matt
     
  6. jmeyer

    jmeyer

    Matt,
    I'm using e-signal with GET. But order placement timing
    is with IB since second by second data varies with e-signal
    data and trades are made with the spread numbers from
    IB. There is no slippage since the trades are instantaneous
    through Island.
    JM
     
  7. matt36

    matt36

    I see that ib offers data of some type, I assume not L2. how do you like their system, does it offer charts and studies, or is that why you subscribe to esignal?

    thank you, Matt