20211108
Long 3 NQ 16342.75, 16342.75, 16342.75, +9.75, +9.75, +9.75,
Total NQ +29.25
Sometimes, like in monopoly, the bank makes a mistake in your favor. And although there was no mistake in this initial trade call model that positioned me long in Nasdaq futures, I did make a mistake and execute the trade with 3 E-mini contracts instead of 3 Micro NQ's... and give the extreme volatility in which we find ourselves, I wasted no time as it approached an almost immediate 10 point profit.
Two years ago, taking a 3 contract E-mini NQ contract would have been quite normal. But in this environment, I, like so many others, have taken to using multiple Micro's in order to lessen the risk. And just so, has the volume of the Micro's now come to exceed the volume in the E-mini's...