4 ms·
Couple questions: 1. Why QM? 2. Was this tried on any other future and if yes what was the outcome?
by k3oni 9y ago
Couple questions:
1. Why QM?
2. Was this tried on any other future and if yes what was the outcome?
- madchops1 9y agoI have been trading QM for a year or two now. It has low margin and good volatility for day trading. The tick value is 12.50. So movement of one tick will cover your trade costs. So it makes it possible for a beginner to start with ~$3-5000 and still be able to realistically make money.
- cardmagic 9y agoTrading costs are more than just commission. Slippage for QM is higher than CL because of thinner volume and can easily be $10-25+ per order ($20-50 round trip). You might say that you don’t worry about slippage because you use limit orders, but limit orders have their own problems, like not getting filled which can easily screw up your returns vs predicted returns. Be careful, there are far more ways to lose money trading than you seem to realize still.