Thanks MT. Forgot about the wider spreads on minis!
I will be trading using daily charts, so after the exchange closes for the day I will look at what happened the next day (in the morning) and will place limit orders and stops. Thats what I meant really.
I know that gaps are more likely with futures products so I dont want limit orders to be filled if the market gaps past them and I get a crap fill. However for stop losses it would be OK.
I will be trading using daily charts, so after the exchange closes for the day I will look at what happened the next day (in the morning) and will place limit orders and stops. Thats what I meant really.
I know that gaps are more likely with futures products so I dont want limit orders to be filled if the market gaps past them and I get a crap fill. However for stop losses it would be OK.
Quoting Money TalksDislikedI trade all of them bar the Treasury bond which I only trade sparsely. Had no problems with any. I'm normally on the full size lots but I've traded the the mini's listed as well and they are 1 or 2 pip's more of a spread normally.
Eg. full sized WTI oil is 58.97/99 at the moment (very low volatility, usually only 1 pip spread). The mini is quoted at 58.95/99. Not sure what you mean by end of day trading, I've held positions over days and there can be significant diferences between end of day floor based trading and start of next day floor trading on the NYME. Is this what you mean?
About the question about news trading I've done a few on IB and must say IB filled the orders fast. Use limit orders though as going at market price during big volatility is only asking for troubleIgnored