[TinGull]

Just wondering if there's other mini futs that have any sort of liquidity. MIni ags seem to trade like less than 100 a day, mini gold is...ehhhh....mini EuroFX is garbage...

Are there any other minis to trade? The reason I ask is because I love the small dollar tick increment right now for my purposes, but have really only 4 things to choose from (3 really...the ER2 is a bit rich for my blood).

Any thoughts?

Chris

[notouch]

I trade mini crude (QM) which is very liquid. Are you sure you're looking at the right month for mini gold? The most liquid month is usually the one ahead of the current contract. August is where the liquidity is right now. There are plenty of contracts that don't have the "mini" prefix but are of similar value if you take into account the per tick value and average true range. Try the 10 year note (ZN) for the ultimate in liquidity or British Pound Futures for very similar liquidity, tick value and ATR to YM.

[TinGull]

Nice, thanks notouch! I appreciate it, I'll chck into those.

Originally Posted by TinGull »

Just wondering if there's other mini futs that have any sort of liquidity. MIni ags seem to trade like less than 100 a day, mini gold is...ehhhh....mini EuroFX is garbage...

Are there any other minis to trade? The reason I ask is because I love the small dollar tick increment right now for my purposes, but have really only 4 things to choose from (3 really...the ER2 is a bit rich for my blood).

Any thoughts?

Chris

Define "mini".

The so-called "mini-Ags" are garbage - that is, a waste of your time.

The regular Ags (aka Grains) at the CBOT - corn, wheat and soybeans - have the SAME tick value as the ES, plus an equivalent or even greater daily range, of late.

Again, you have to define what you mean by "mini".

[torero]

Except soybean meals, which has the same tick value and movement as ER2. Good alternative to ER2 imo.

Originally Posted by torero »

Except soybean meals, which has the same tick value and movement as ER2. Good alternative to ER2 imo.

Who said anything about soybean MEAL or OIL? Not enough volume far as I'm concerned. YMMV.

[TinGull]

Something that has an equivalent value to the YM per tick would be "mini" to me.

[torero]

Of course it's not enough compared to other index futures emini. But it's enough if you're not trading more than 10 lots at a time. Scaling in and out is best strategy.