Correct, the systems call for ES or MES contracts, no options
are discussed. Your account will have to be approved by your broker
to trade Futures. MES (Micro E-minis) is 1/10th of ES
(E-minis). So when MES Futures moves up or down one point, it is
worth $5, as opposed to $50 for a one point move in ES,
I assume we are buying
ES Bear Long one of the systems took a long entry
Posted by arun on 13th of Jul 2022 at 08:51 pm
I assume we are buying outright contracts and not options
Correct, the systems call for
Posted by craigm on 13th of Jul 2022 at 09:29 pm
Correct, the systems call for ES or MES contracts, no options are discussed. Your account will have to be approved by your broker to trade Futures. MES (Micro E-minis) is 1/10th of ES (E-minis). So when MES Futures moves up or down one point, it is worth $5, as opposed to $50 for a one point move in ES,
Thank you. I bought MES
Posted by arun on 13th of Jul 2022 at 09:45 pm
Thank you. I bought MES contracts. Hindsight I should have just bought ES Probably less commission.
The MES you're buying or
Posted by focus175 on 13th of Jul 2022 at 08:56 pm
The MES you're buying or selling contracts. Best to contact your broker on how to do so.