I showed you my actual trade that is happening in real time. Not trying to get nasty, but there is money to be made in the overnight session...so rather than raging against Rickshaw Man, figure it out and make some money. Happy trading!
I did not see a real money trade. What I see there is 15 MES on a sim account. And if you are going to trade 15 MES, why not just trade 1 ES? It is more efficient. Can you answer that question?
It seems to me that everyone in the futures world have become geniuses after the micros came out in May 2019. Where were they, and what were they trading, before then? That is such a pertinent question.
last time, they traded e mini. Now they trade micros. why? ten years ago, ES price : 1000 e mini margin requirement : $4000 <<<< quite low now, ES price : 4600 e mini margin requirement : $15000 <<<< very high !!! the above numbers are estimates. So if ES collapses to 1000, then most likely micros will be abolished.
SIM....lol. Why the hell would I waste my time with SIM. With micros you can dial in position size nicely. My strategy sizes positions based on an ATR based stop, where position size is determined according to distance from entry to stop...risking no more than 1.5% of account equity per trade.
Overnight session looking good! Wow! There is so little risk. What a 360 point drop in YM, 100 point drop in NQ, and 40 point drop in ES between friends? Go on, max lever this shit! There is ZERO RISK! AHAHAH!
I see this thread is aging well. Where's the zero-risk midnight rally? Where's the Fed put? Hummana hummana.