Sorry I haven't traded it. didn't even know it existed? Are you sure its even liquid enough to trade on? Can you get good fills without a whole lot of slippage? I can't see trading anything else (Index Futures that is) other than the E-mini S&P 500, E-mini Nasdaq 100 and Mini Dow Futures. However, I must admit. When I was a Futures Broker I had a client that traded Russell Options. I have to tell ya, It didn't really move a whole lot.
I have started watching it. Not trading it yet. $5 dollar ticks. Did about 9k today. spread seemed to remain fairly tight.
are 10 dollars per tick. 5 dollars are for calendar spreads. http://www.cme.com/clr/contract_specifications_cl.html?product=ER fwiw
russell 2000 vs nasdaq100 or vs sp500 ? I am trying to trade er2 finding its a less riskly for me to spread em with nq or es
Seth, I would think anything that might tone the effect of this monster down is worth looking at. 5 or even 10 point moves in a day are common. Of the common mini contracts, this seems like the one that is the easiest to find yourself behind very quickly because of the 10$ tick and volatility. Would be interested to hear from others what stop they use. There's an ETF - IWN I believe which I have not looked at much. Geo.
is IWM I do see this monster is nuts to trade alone , like fx futures without a strict stop loss policy or $ loss I think spreading is the way to go if done correctly anyone done a TS backtest on spreads like IWM vs SPY ?
Insane post-Saddam. 900 to 1,100$ gains and losses per contract - 2 guys in a small dark room shooting grenade launchers at each other. Think I recall seeing some stuff on ER2 at woodiescciclub.com though those guys are mostly ES. Geo.:eek:
I trade the Russell and the mini Dow. It has become a favorite at Woodies club. Love the volatility. When I trade them with CCI indicators, 200 + and 200 - produce pretty good signals for me, especially with advanced GET things on esignal.