I've never realized how expensive it was to trade the micros. 2 ticks for the RT comm (without the spread)!!!! So if you trade an average of 10 positions per day, that'll come out to 20 ticks!!! It's pretty insane to trade micros in these conditions.
There is virtually no way anyone breaks even on those contracts unless you invest at longer holding periods. They are pure gimmicks.
Yeah, that's the ticket! In fact, you can make yourself a binary option-style trader on the ES! Just buy or sell at a random time, and give the trade 30 minutes to work. Come hell or highwater, you just close it after 30 mins. PnL be damned! Whoop!