the ES sep contract traded 773,234 contracts today during the NYSE session..what do think the delta was between up and down volume..answer will (+ or -) X number of contracts..lets see who gets the closest
Overnight - why would anyone trade 10 micros instead of one ES... And yes, swing trading is not 2-5 hour trades. That is day trading. Swing trading is buying and holding for 20-30 points which lasts more than one trading day 90% of the time.
Any time you hold a position overnight into the next trading day session...its consider a swing trade. wrbtrader
I've found micros to be incredibly helpful with my trading so far. I have been trying to consistently trade well with 1 lot on E-mini and it has it's pitfalls, due to being tied to only 1 position. With 1 position, comes a stronger sense of holding or "trying" to get the most of the trade. Very rigid type of trading. With 10 lots on the micro, I am now able to manage the trade a lot better than with 1 lot on ES. If it takes out my S/L, I can either get out of all 10 lots or sell proportionately to the speed/break of it. If it reaches my first target on micro,(I can take some off just to book profit) (Whereas if I had 1 lot on ES, I would either sell or keep for more gain). I am more comfortable adding on pullbacks, I can actually hold a position overnight, etc. All in all, I wish micros existed when I first started out. But from the many scars and lessons from trading 1 lot, I will utilize this new tool to the best of my ability