well the es or mes or whatever is the most ridiculous mkt to get filled in i am really blown away that the tick size has not been changed to 10 ticks per point!
if you want to understand what you are dealing with in the es and mes just trade the mini crude oil vs the actual cl oil contract mini oil moves in 2.5 pts per tick oil is 1 pt per tick.
profitable but it was a fight in all my accounts today! 2132 value start with 1700 % return is 25.4 % net this does not include the 499 sunk cost for reduced zero commissions
scaled up in size only to get walloped last night and today. would have been a decent day today if not for starting out 80 in the hole. so net made 44 plus 80 on the day so profit of 124 total for today but netted out only 44. Have a great night.
tomorrow i will be buying wrap/wrtc jfin baba and taking profits on snap and jmia im looking to buy some other stuff too
It doesn't help at all, really. E-mini Crude oil is 40 ticks per point. At $12.5 per tick that's $500 per point. "Actual" CL is 100 ticks per point. At $10 per tick that's $1,000 per point.
overnight im not sure why you try n just antagonize people all the time. its not my fault you dont see the similarities in how es and mini oil tick. tell you what though. if u dont have something positive to add then dont come here. you did zero to explain your point. ur 50% to blocked. if u dont care then why even come to my journal
i am 1/4th of the way to my goal of doubling this account. then i need to make another 499 to cover the sunk cost of the black friday deal from tradeovate. im paying 62 cents round turn for micros
Because the ES and MES are exactly the same thing. One is just 10 times smaller than the other. The CL and QM are way far apart as compared to ES and MES, as an analogy. The ES and MES are both 4 ticks per point. The QM is 40 ticks per point. The CL is 100 ticks per point. People cannot understand what trading the ES or MES is by trying to trade the QM and CL, because they are nothing like each other as a set.