Message from @Vin_Farren
Discord ID: 702243087136850042
just checked charts. e-micros have about 1/3 the daily volume of e-minis, but we're still talking like 1m vs 3m
sometimes 2m vs 4m
and sometimes 1.7m vs 5m
looking back historically over the last year, this volume is due to corona. typical trading volumes for both instruments are about 1/4-1/3 less
@Vin_Farren also, i totally misunderstood how trading them works. the price is NOT 2800'ish
the price is whatever margin the broker makes you pay to "promise" you have enough money to do the trading
on TDA, to trade e-mini, you need 13.2k per contract. on ninjatrader, you need 500 bucks
TDA has a 2.25 commission on trading futures plus exch fees. NT has 2.54 all-in for mini and 61 cents for micros
damn. welp, i'm gonna get started on the NT account so i can move futures trading off TDA soon'ish
anyway, gn
gl on your trading!
still testing out my strategies. i traded against Delta stonk today. i put up $238 of capital and set my risk/reward to 1:1 with a 25 cent move on 10 shares. when prices finally reached my LMT, i ended up profit 3.19 for the day. not a lot, but i'm just testing the entry/exit strategy and not looking yet at the good movers
I'm up $900 and I'm waiting for that sweet after hours
nice.
i went ahead and bought ninjatrader software for all brokers, and i applied for a futures account with one of their partners.
NT will hook up to my existing TDA and oanda accounts and my new futures brokers
don't know exactly which day of the week i'll finally be able to trade futures
Goddamn oil looks mighty good to get in rn
ha, ya
negative money!
ya
it was negative money yesterday. no idea what it's doing today
freakin' taking forever before i get approved for futures markets so..
Gold ETFs like PERTH are the move
which way
it's taking forever to get ninjatrader working b/c i'm still waiting for approvals from TDA and another FCM for futures trading. and until the secondary FCM approves me, i can't even get NT connected to my FX broker... kinda intertwined there
so for now: continuing to use TOS for stock trading. moved to my big system where i can have two views of the instrument open at once, along with a signal indicator, in case i want to use it
i was also just running out of memory with my laptop. gonna have to up my game once i make my money back on the software
For gold im waiting for it to drop then buying up more and enjoying the ride. Bought up a bunch before the dow began crashing because I thought it was gonna happen eventually and inflation would skyrocket.
Looks like I wasnt wrong
For AAAU I have my a small buy at 16.65 a medium buy at 16.50 and a large buy at 16.30. I don't have plans to sell any time soon
ah
i bought gold back in late 2014, iirc
i've still got it
i thought i had applied to futures trading through TDA, but i don't think i did after reviewing my acct. hmm
well, applied now! aaaaand i'm out. gn all!
btw, i don't think inflation will skyrocket
anyway, gn!
Inflation will depend on if they pay back the trillions they made appear out of thin air. If they do then we are fine, but if not then we gonna have problems
are you referring to QE? the thing about QE is that it does not enter the marketplace very easily