NexusFi: Find Your Edge


Home Menu

 





Confused about emini futures spread


Discussion in Emini and Emicro Index

Updated
      Top Posters
    1. looks_one choke35 with 1 posts (0 thanks)
    2. looks_two Stewie with 1 posts (0 thanks)
    3. looks_3 idude with 1 posts (0 thanks)
    4. looks_4 Dorky with 1 posts (0 thanks)
    1. trending_up 3,723 views
    2. thumb_up 0 thanks given
    3. group 4 followers
    1. forum 3 posts
    2. attach_file 0 attachments




 
Search this Thread
  #1 (permalink)
idude
Leiria, Portugal
 
Posts: 23 since Jun 2013
Thanks Given: 6
Thanks Received: 13

Hello traders,

I'm somewhat confused about what spread means in the emini futures market. I've been trading forex for some time now and in forex because of this spread as soon as you enter the market be it through a market, limit or stop order you are at a loss right away but with eminis it seems to me that sometimes you are and sometimes you aren't. Usually if I enter using a market order I will be at loss by 1 tick but if I press the buy bid button and if I get filled it seems that I'm not at a loss by one tick. I'm a little confused on this, can someone explain how this really works?


Reply With Quote

Can you help answer these questions
from other members on NexusFi?
No book, only a stair: journaling fills where price move …
Cryptocurrency
Netherlands & Germany Surge as World Cup Field Narro …
Prediction Markets & Event Contracts
Warsh Drops Easing Bias, December Hike Now Above 50% -- …
Prediction Markets & Event Contracts
Trump Media to sell instant access to market-moving soci …
Traders Hideout
Without Pulisic, USA 61.5% Live vs. Australia -- France …
Prediction Markets & Event Contracts
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Want your NinjaTrader indicator created, free?
5 thanks
Franks Trading Journey
1 thanks
Denied 20K payouts: Alpha Futures
1 thanks
FootPrintV2 Chart for NT8
1 thanks
BERN ALGOS algo trading journal
1 thanks
  #3 (permalink)
 choke35 
Germany
Market Wizard
 
Experience: Intermediate
Platform: Other
Trading: ES, YM, 6E
Posts: 2,622 since Feb 2013
Thanks Given: 5,101
Thanks Received: 6,558



idude View Post
Hello traders,

I'm somewhat confused about what spread means in the emini futures market. I've been trading forex for some time now and in forex because of this spread as soon as you enter the market be it through a market, limit or stop order you are at a loss right away but with eminis it seems to me that sometimes you are and sometimes you aren't. Usually if I enter using a market order I will be at loss by 1 tick but if I press the buy bid button and if I get filled it seems that I'm not at a loss by one tick. I'm a little confused on this, can someone explain how this really works?

Other lags (location etc.) aside:
Untrained persons have reaction times of 200-300 ms, professional gamers about 120-150 ms.
No chance vs HFT systems with <3 ms of reaction time.

Especially the ES is by far more liquid than any interbank forex or forex future.
Consequently most of the time the bid (or market) will only be near to the position where
you saw it when you hit the button.

P.S.: In sports, anything below 100ms counts as false start


Reply With Quote
  #4 (permalink)
 Dorky 
Pahang Malaysia
 
Posts: 33 since Jul 2015


idude View Post
Hello traders,

I'm somewhat confused about what spread means in the emini futures market. I've been trading forex for some time now and in forex because of this spread as soon as you enter the market be it through a market, limit or stop order you are at a loss right away but with eminis it seems to me that sometimes you are and sometimes you aren't. Usually if I enter using a market order I will be at loss by 1 tick but if I press the buy bid button and if I get filled it seems that I'm not at a loss by one tick. I'm a little confused on this, can someone explain how this really works?

Market order (for buying, as example) means you buy at the best available asking price (aggressive order as you buy whatever that is available at that moment).
Limit order (for buying, as example) means you buy at the best bidding price (passive order as you buy by queuing for it).

Forex is probably a manipulated market as it is unregulated.


Reply With Quote




Last Updated on July 8, 2015


© 2026 NexusFi®, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Downloads - Top
no new posts