Seems like it would be possible to make nice profits by taking "quarter point" opportunities. Anyone doing this?
great question...YES is the answer...click on this link for more information on the 1 ES point reality... http://www.elitetrader.com/vb/showthread.php?s=&threadid=95542
Hmmm... Let' see. You go long 1 ES with a face value of $75,000*, and you sell it at $75,012.50, then deduct commissions. Yup, sounds like a plan. *SPX = 1500
do you really scalp the ES for 1/4 point many times per day?...seriously and not joking...very interesting!