Recommend me CME contracts leveraged like DD

[The Bear]

	Quote:	notouch
	Two ES contracts would be $25 a tick. What benefits do you think there are to trading one big contract instead of two small ones? I can't see any.

There may not be any.

For me: Less = More

The idea is, go where the liquidity is. Looking at today's volume at the CBOT: CBOT - Dow

or February's at the CME:

CME Monthly Volume Reports

You'll see there were 55 million E-mini S&P 500's traded vs 3 million S&P 500s. Would you rather trade 5 contracts in a market with 55 million contracts or 1 contract in a market with 3 million contracts?

[The Bear]

I would rather trade whatever contract makes me more money.

Volume isn't really a concern for my strategies.

[notouch]

It should be if spreads are wide, your limit orders don't get filled and your market orders are slipped.

[The Bear]

Cool thanks for that info

[dalby]

iirc, the big S&P pit contract has a better spread.

doesn't it trade in 1/10's whereas the mini trades in 1/4's

[notouch]

Well the real spread is the spread in ticks which is usually 1 for ES but sometimes as high as 10 for SP.

[The Bear]

	Quote:	notouch
	Well the real spread is the spread in ticks which is usually 1 for ES but sometimes as high as 10 for SP.

Dudes I've been looking at the CME site and I see an S&P 500 contract (not the e-mini), but it looks like it only trades after-hours. Anyone know if there are any plans to do side by side on GLOBEX during the day?

[cooter]

If tick size and margin are the issue, try the 30 year US Treasury bond futures at the CBOT.

$31.25 per tick, with margins comparable to the ES at most brokers. You can get as low as $500 per contract margin from many brokers for this one.

[The Bear]

	Quote:	cooter
	If tick size and margin are the issue, try the 30 year US Treasury bond futures at the CBOT. $31.25 per tick, with margins comparable to the ES at most brokers. You can get as low as $500 per contract margin from many brokers for this one.

Have you watched this during the day. What are the intra-day charts like. erratic as hell?