I think hes insinuating that in a slow moving market with a tight range, the return on investment is miniscule for a daytrader. The micros are long-term instruments anyway.
No insinuation, it's a fact. And it applies to MGC too, @Overnight. If you caught the entire movement, short and long, of that chart, you'd add (roughly) $15 to your account, NOT including commissions+fees. And BTW, MGC tic value of $1.00, is TWICE that of 3 of the 4 micro-index contracts being introduced. Now here's a thread... $400 opens an account and you can trade INDEX futures for $50. https://www.elitetrader.com/et/threads/open-your-ninjatrader-account-with-only-400-in-april.331549/ We should all enjoy the benefits of 1256 while we can.