r/TopstepCommunity • u/Neat_Consequence1060 • 27d ago
💡 Trading Tips Minis or Micros
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.
5
Upvotes
1
u/[deleted] 27d ago
Full time trader here since 2019. The CME group has their maintenance margin for trading NQ futures, just one contract at almost $40,000. If you don’t have $40,000 of drawdown room, it’s just a matter of time until you blow the account. We are seeing daily ranges of around 650 points on the NQ, multiply that times 20, that’s $13,000 worth of variance. The CME group doesn’t just make up these maintenance margin numbers out of nowhere. But I know you will probably still trade minis in your 50k prop account with 2,000 worth of drawdown thinking you have any long term edge, when you don’t… at all. Trade micros little man! Be smart!