What's the cheapest R/T for Micro ES and NQ

Discussion in 'Index Futures' started by Jack W, May 30, 2019.

  1. Robert Morse

    Robert Morse Sponsor

    I agree on the cost, but the margin for a Reg-T account is much greater than futures. $693 would be similar to buying $13,900 SPY. (I hope I did that right). If your account is over $25K and you get 4X, that is margin of $3475 and that is just for DT. If your account is under $25K, you can't really DT or get 4X.
     
    #11     May 30, 2019
  2. Robert Morse

    Robert Morse Sponsor

    Welcome, Joe. I'd like to hear about your experience too.
     
    #12     May 30, 2019
  3. volpri

    volpri

    It is good for scalping if you like averaging down on losers which i like to do.
     
    #13     May 30, 2019
    CALLumbus and hurricane_sh like this.
  4. Robert Morse

    Robert Morse Sponsor

    When you scale in (I don't call those "losers") what is your max position size on these that you will add to?
    If your MAX position size says 15, and you stop out, do you sell all 15 at once or scale out too?
     
    #14     May 30, 2019
  5. Hello Robert Morse,

    I'd be happy to tell you about my experience -- but again, I'm still needing to know about how to PM. Perhaps you can PM me?

    Me / 5:23 pm PDT / Thu 30 May
     
    Last edited by a moderator: May 30, 2019
    #15     May 30, 2019
  6. ETJ

    ETJ

    Try LUPO in Chicago. Run by an old BOTTA guy.
     
    #16     May 30, 2019
    Jack W likes this.
  7. Overnight

    Overnight

    AMP has the cleanest pricing I've seen, verified on broker statements at $.74 per RT on NQ. Haven't verified the MES yet.
     
    #17     May 30, 2019
    CALLumbus and Jack W like this.
  8. I pay 0.94 per RT with IB. I'm addicted to MES too, it feels so relaxed.
     
    #18     May 30, 2019
    trader99 and Jack W like this.
  9. MattZ

    MattZ Sponsor

    #19     May 30, 2019
    Jack W likes this.
  10. Jack W

    Jack W

    Thanks for all the responses, guys. I appreciate all of you.
     
    #20     May 30, 2019
    MattZ likes this.