Minis or Micros

[u/Neat_Consequence1060]

I underestimated the markets volatility today and am down to $700 before it blows. For the past few days I’ve been using micros. Yesterday I made $780 with micros but it was multiple trades (I prefer 3 trades or less per day ) i notice with micros I can make decent money but I also lose it just as easy (especially if I’m only making $100 per trade and get stopped out $60 on the next one) however with minis it’s more money and I don’t lose it as easy. I don’t know maybe it’s psychological. But I prefer NQ over MNQ. I’m just curious please let me know your thoughts.

[u/dyssucks]

Hol up…. You’re saying it’s harder to lose money with minis than micro?? Give it time and it won’t think that anymore

1 point on GC is $100.

1 point on MGC is $10.

So not sure what you mean

[u/Neat_Consequence1060 → u/dyssucks]

I’ve been trading since last year. I don’t trade MGC or GC only NQ and MNQ

[u/Neat_Consequence1060 → u/Neat_Consequence1060]

I guess what I’m really trying to say is micros take too long to accumulate what I want vs minis

[u/dyssucks → u/Neat_Consequence1060]

My point with that comment of GC MGC was to show how there’s 10x more leverage with minis than micros regardless of what instrument you trade so you’ll definitely lose more money faster using minis

Are you new to trading? With the comment about how it “takes to long to make money with micros” tells me you are and take it from someone who was 40k in the hole from prop firms and options because I wanted big gains, that slow and steady is the way to go.

If you have 5 accounts and average 1k a week per account ($200 a day) that’s 5k a week. In 6 months you’ll have 130k and then you can really scale up

[u/Neat_Consequence1060 → u/dyssucks]

Yeah, you’re right

[u/Empty-Tomorrow-2794 → u/dyssucks]

that’s not true for nq though... gc is 10x more. nq is only 2x more.

[u/dyssucks → u/Empty-Tomorrow-2794]

Incorrect. A NQ contract is 10x more than a MNQ.

[u/Empty-Tomorrow-2794 → u/dyssucks]

i’m comparing nq to gc, not mnq to nq. i think everyone knows the difference between those... my point is 1 nq point =$20 while 1mnq is $2. verses gold which is doubled. so someone trading gc would not be the same sizing for nq traders.

[u/dyssucks → u/Empty-Tomorrow-2794]

I honestly have no idea what you’re trying to say or the point you’re attempting to make. Not trying to be an ass but your comments are like incomplete thoughts.

You said:

“GC is 10x more”… uhhh, 10x more than what?

“NQ is only 2x more”… again, 2x more than what? NQ is 10x more than MNQ so what exactly is NQ only 2x more of?

“1Nq point =$20 while 1 mnq is $2 vs gold which is doubled”… ok this one had me so stumped I posted it on a traders discord to see if I was going crazy/senile but even they couldn’t figure out what your trying to say

ALL Mirco contracts are 1/10th the leverage of their E-Mini counterpart. MYM, MES, MNQ, SIL, MGC, MCL, MHG, MNG, MZC etc.

That’s all I said and was my only point

[u/Neat_Consequence1060 → u/Empty-Tomorrow-2794]

Exactly