SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?


To: fut_trade who wrote (14237)9/23/2001 8:21:27 AM
From: Eric P  Read Replies (1) | Respond to of 18137
 
My question is: do you have any ideas on using tick price and volume data, and perhaps bid/ask price and size data to trade a futures contract such as the e-mini?

My opinion is that this information just isn't very useful given the nature of how an index like the S&P 500 moves.


I am just beginning to consider trading the e-mini, and am no expert in this area. However, I agree that for futures such as the e-mini, data like bid/ask price and size are of little value, as the contract moves based on the underlying index, not based on the visible supply/demand of the futures contract. Obviously, bid/ask and spread would be important for determining transaction/slippage costs, and could be a real value for scalpers. But for most traders, I would think they would provide much less value than the same information would provide an individual stock trader.

-Eric