mini Gold futures-useless?...anyone trade it?

Discussion in 'Commodity Futures' started by increasenow, Jul 22, 2008.

  1. lwmoss

    lwmoss

    I have a small account (10k), i'm new to trading futures, and I'm very interested in gold.

    Seems to me that if you place a MIT order and stops, you can avoid some of the slippage in minigold? That and enter trades when volume is up.

    THoughts?
     
    #11     Aug 27, 2008
  2. kxvid

    kxvid

    No youll still get slipped just the same. No way to avoid slippage. The slippage isnt bad on eminis at all, so its not a problem.
     
    #12     Aug 27, 2008
  3. melee

    melee

    i use them because i cant really take a $30 move with a regular contract

    however a $30/3 move i can handle

    its great if your learning to trade as your money will go 3 times farther
     
    #13     Aug 31, 2008