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New Micro Futures – Say Goodbye to Forex?

By on July 8, 2020 0 32 Views
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New Micro Futures – Say Goodbye to Forex?

It’s a new thing that will come out in May 2019 which will drop the capital requirements. On 11 March 2019 CME Group announced the launch of Micro E-mini futures on the S&P 500, Nasdaq-100, Russell 2000 and Dow Jones Industrial Average indexes. The new contracts will be one-tenth the size of existing E-mini futures, and are set to be available for trading in May 2019 An E-micro is a futures contract traded on the Chicago Mercantile Exchange (CME) Globex electronic trading platform, that represents an even smaller fraction of the value of the normal futures contracts than the corresponding E-mini.

Micro E-mini futures fit seamlessly within our current product suite and give all traders a simple way to access the equity index futures markets. At 1/10th the size of a classic E-mini contract, Micro E-minis require less cash to enter the market with lower margins.

This will enable more people to trade at a lower risk from May 2019 with Micro futures. This also mean that you will also win less, and a lot lower starting requirement. That means that you can start trading which much lower amounts of money, although you make less at the beginning you also lose less when you learn at the beginning. Since trading is 80 % psychology, you can start practicing with the psychology a lot faster and learn that in a better way. Now there’s no reason to trade forex instead of micro futures. This are great news for all traders out there, and even more so for those who are risk averse.

Don’t forget to comment below if you have any questions for me, I always try to answer all your question. My aim is always to be transparent with you and I always try to share as much as possible for you to understand the reality of the trading world and of a trader’s life.

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New Micro Futures – Say Goodbye to Forex?

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