Trading E-Minis

19. Mar, 2009 4 Comments

Today I learned about how E-Minis worked.

What: E-minis are futures contract tied to the major US stock indexes like S&P 500, Dow Jones, and Russell 2000. These can be traded 24/7 around the clock and the contract expires quarterly. Many people use the E-minis’ prices as a future indicator in the stock market (after close and before open) given the nature of the trading policy (24/7). When you go to a lot of the major news sites like CNBC, you can click on “Pre-Market” link, which displays the prices of the current E-minis.

Symbols: ES (S&P 500), NQ (Nasdaq), TF (Russell 2000), YM (Dow Jones)

Where To Trade: Many brokers support E-Minis including OptionXpress and Velocity Futures

So if 9:30AM EST to 4:00PM EST isn’t long enough for you to get your “trading fix”, open an account with a broker that supports E-Minis. If you love trading, go at it!


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4 Responses to “Trading E-Minis”

  1. Ian Thomson 20. Mar, 2009 at 9:16 am

    Trading the E-Minis market can be very profitable. You can trade one contract with only $1000 in your broker’s account and, if you make 2 points in a day, you’ve got a 10% ROI (per day). So, earning $500 to $2000 a day is quite realistic.

    However, the market can move very fast. So, if you are going to look into trading it, get educated and always use an automatic stop. And, don’t expect to be earning $500 to $200 a day when you first start – it takes patience and discipline! :-)

  2. Hiro 20. Mar, 2009 at 10:05 pm

    Hmm that’s very interesting. You know a good site to learn more about E-minis? Let us all know

  3. emini 12. Nov, 2009 at 11:12 pm

    Nice blog! Keep up the good work.

  4. emini 13. Nov, 2009 at 5:12 am

    Nice blog! Keep up the good work.