Hi Guys

Im using NT and using Continuum as data feed, can anyone tell me how to trade Micro S&P instead of emini as im new and want to start with smaller lots?

In a nutshell, you would have two charts. One would follow the mini contract and one would follow the micro. You'd do your analysis/whatever you do to make decisions on the mini but take your trades on the micro contract. They follow each other almost exactly but the micro has far less liquidity so there will be gaps in the prints. You would probably also have to make extensive use of limit orders due to the liquidity issue as well. You can get slipped a lot using stops and market orders on the micro.

@tturner86 had a pretty extensive journal trading the m6e micro euro.

Check out his journal here :

Price Action Ripper's Journal Hello, I have decided to start a new open ended journal that I will use to recap and analyse my trades. I have been tweeting my trades as I take them so I can keep a running record that I can look back on to fill out my excel at the end of the day. I …

TheShrike 

In a nutshell, you would have two charts. One would follow the mini contract and one would follow the micro. You'd do your analysis/whatever you do to make decisions on the mini but take your trades on the micro contract. They follow each other almost exactly but the micro has far less liquidity so there will be gaps in the prints. You would probably also have to make extensive use of limit orders due to the liquidity issue as well. You can get slipped a lot using stops and market orders on the micro. @tturner86 had a pretty extensive journal trading the m63 micro euro. Check out his journal here : Price Action Ripper's Journal Hello, I have decided to start a new open ended journal that I will use to recap and analyse my trades. I have been tweeting my trades as I take them so I can keep a running record that I can look back on to fill out my excel at the end of the day. I …

Thanks for this, i cant actually find the micro in the instrument list ???

M6E is the micro Euro and MGC is micro gold. Those I believe are the most liquid. There isn't a micro S&P yet but supposedly it's "coming". I think I recently saw a thread in the forums mentioning the S&P micro recently.

TheShrike 

M6E is the micro Euro and MGC is micro gold. Those I believe are the most liquid. There isn't a micro S&P yet but supposedly it's "coming".

Just figured it out as you replied !!! thank you so much for your time and direction

Many Thanks !!

No, problem! That's what we try to do here.

Also, if you have general trading questions there is an excellent thread :

Ask any Trading Question I'm creating this thread with the purpose of a 'catch all' for any trading related question that NexusFi (formerly BMT) members want to ask, but don't want to create a new thread for -- or find an existing thread to reply to. I've …