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Hi Craig:
Since the "full SnP" has been cut in half,so to say,it may be
worth re-considering that contract.(the margin also,has been cut).
Craig Nelson wrote:
>
> I've looked seriously at the e-mini S&P contract and I think it stinks.
> With a point value of only $50.00 you need to make a heck of a lot of S&P
> points to make any money, even when trading multiple lots. I can't make my
> trading systems profitable unless I use the Big S&P, or the Nasdaq 100
> futures contract(symbol ND). Since the Big S&P is out of my price range
> for now, I trade the ND with a margin of $7,965. It's affordable. And
> the moves in ND are very nice. Tick value is $100.00 per big point. You
> might want to consider ND as an alternative to the mini S&P. Round turn
> slippage I have experienced with ND has been $150 on average.
>
> Regards,
> Craig
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