Some of you guys that are getting chopped up on /es
futures.. might want to shift to soybeans. The
ticks are worth 12.50 each same a /es but
soybeans are getting around 40 handles a day move. If
you have good indicators.. this should be a slam dunk for
some of you. Today is a
light day... but later in the week should be
interesting.
Posted by sonofrebel on 8th of Oct 2012 at 01:47 pm
If you can't figure it out, I wouldn't trade it. Also,
point size is not the only think to think about. Ag futures
also have a pesky issue with limit moves from time to time -
the risks are very different from an ES contract. I speak
from being 16 days on the right side (luckily) of a move in Kansas
Wheat a couple of years ago...:)
Soybean futures
Posted by zach06 on 8th of Oct 2012 at 10:53 am
Some of you guys that are getting chopped up on /es futures.. might want to shift to soybeans. The ticks are worth 12.50 each same a /es but soybeans are getting around 40 handles a day move. If you have good indicators.. this should be a slam dunk for some of you. Today is a light day... but later in the week should be interesting.
What is the symbol?
Posted by mkrmdz on 8th of Oct 2012 at 12:44 pm
What is the symbol?
If you can't figure it
Posted by sonofrebel on 8th of Oct 2012 at 01:47 pm
If you can't figure it out, I wouldn't trade it. Also, point size is not the only think to think about. Ag futures also have a pesky issue with limit moves from time to time - the risks are very different from an ES contract. I speak from being 16 days on the right side (luckily) of a move in Kansas Wheat a couple of years ago...:)
iT IS /zs on my platform.. it might be different on others
Posted by zach06 on 8th of Oct 2012 at 08:50 pm
Don't trade something just to trade unless you understand how the futures work. That's why I said "some of you guys"