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I'm afraid that this is somewhat of a generalization. You can trade the
Midam mini's profitably if you buy low and sell high enough or vise versa.
Especially the mini T-bonds that I carefully studied last time I had real
time data. By all reports they are liquid enough to day trade and are seldom
a tick or two different than the full size bonds. If you are looking to
trade small, some of the minis are suitable. Always ask your broker what the
latest volume and open interest is before placing an order. If the OI and V
is only a few then I'd look elsewhere.
Brent
-----Original Message-----
From: Dick Webb <dickwebb711@xxxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Date: Thursday, April 15, 1999 7:29 PM
Subject: Re: DBC vs Quote.com
>Joanie the midam exchange will eat up your profits in
>slipage, I know a guy in sacramento who trades hogs
>he only has a small account so he trades one contract
>at a time with 200-500 risk. Try the E mini, and trade
>through your computer this way you do not involve your
>broker in your decision.
>
>Dick
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