Welcome to NexusFi: the best trading community on the planet, with over 200,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- discounts are available after registering.
-- The NexusFi team
(If you already have an account, login at the top of the page)
I've been watching NexusFi for about 3 months, joining a couple months ago, and this is my first post.
Question, today is Tuesday 6/12/2018, and ES June 18 hasn't yet expired. What are most people trading now, since expiration is close... still June or are you trading the September contracts?
I've been only watching the June trades and thinking this is really dull... is this what they mean by "summer time trading"? I opened the September DOM and there appears to be at least 75% more activity at 4:30am this morning. When is a good time to start trading the new contracts as the current one nears expiration? Obviously, not everyone is waiting for expiration of June to start in on September.
You always have to watch the volume and trade the contract with the most volume.
So in this case, the ES volume switched yesterday from June to September and we trade the Sept contract.
Trade September. Look at the CME page ( E-mini S&P 500 Futures Quotes - CME Group ), before you trade at about this time of the month every three months and trade whichever contract has the highest volume.
To give you an approximate date for your diary in three months time.
"You do not win as a trader, you just get to play again the next day. If that game doesn’t appeal to you then you should not trade" - Gary Norden
For some markets, your broker will tell when to roll. Ninja for example, kept showing popup messages that ES roll was last Thursday.
But not every broker does this, and definitely not for every instrument.
For ES, it is not even a big deal if you trade until expiration, or even have position still open at expiration. The contract is cash settled. But as volume goes down, you might pay a little more in slippage in the contract.
I opened the September 
