I was wondering why they do not have mini and micro accts for the futures like they do for forex? It would be real nice for a smaller percentage trade to be able to use say 2 half lots instead of either just 1 lot or having to use 2 full ones.

ohiok5 

I was wondering why they do not have mini and micro accts for the futures like they do for forex? It would be real nice for a smaller percentage trade to be able to use say 2 half lots instead of either just 1 lot or having to use 2 full ones.

There are some, such as CME FX micro currencies (1.25/tick) and mini-oil (QM), mini-gas (QG), mini-gold (QO), mini-silver (QI).

If you want micro sized indices, you need to remember that the E-mini's (ES, YM, TF, NQ) are already micro sized compared to their full sized brethren. To go smaller, you need to step out of futures and back to ETF's.

Mike

i see, so on the qm for oil does it follow the exact charts as the cl, or would they be different?

CL vs QM (crude oil) tick size/value, margins So a friend (George) and I were chatting via Skype today, and it got me looking at QM (emini) again compared to CL. I first looked at QM several months ago when I stopped trading ES and started trading CL. At that point I discarded it almost immediately …

Mike

ohiok5 

i see, so on the qm for oil does it follow the exact charts as the cl, or would they be different?

My recommendation is always to chart the regular instrument (CL), never the mini instrument. See the thread I posted above for more info.

Mike