Maximizing The Mini by Mike Paulenoff
ARTICLE SYNOPSIS ...Stocks & Commodities V. 22:10 (16-20): Maximizing The Mini by Mike Paulenoff
Here's a look at a successful short-term trade on the e-mini contract.
One morning in June, with the Standard & Poor's 500 riding a nearly four week uptrend, a friend of mine decided to bet the market would decline. Rather than short the cash index through funds or exchangetraded
funds (ETFs) that track the S&P 500, Tom decided to trade the index futures, where he has far more margin power and where nearly round-the-clock trading enables him to buy before the cash market opens. His early morning price on the S&P fu...