How do YOU handle full size and mini contracts?
Posted: Mon Jul 12, 2010 5:25 pm
Now that the bulk of my data mining is done, I'm building my portfolio in CSI and I've run across the decision of having to choose between using both the full size and mini contracts in my portfolio or choosing one or the other.
Knowing that I plan to start with a relatively small account size ($75kish maybe more), I'm leaning toward wanting to trade the mini contracts when available (provided they meet my liquidity requirements).
Each contract type seems to have its own benefits:
1) Full sized contracts tend to have a longer history to test with and can be more liquid than their mini counterpart.
2) Mini contracts' size are probably better suited when trading a small account but they typically have far less historical data to test with and can be far less liquid at times.
What do some of you guys do? I think ideally I'd like to include both the full size contract and the mini contract in the portfolio and have Blox give priority to the mini contract if entries are generated for both instruments at the same time. Maybe create a switch to turn mini trading on and off so when the account grows in size, it switches to full size contracts? Is this possible?
Knowing that I plan to start with a relatively small account size ($75kish maybe more), I'm leaning toward wanting to trade the mini contracts when available (provided they meet my liquidity requirements).
Each contract type seems to have its own benefits:
1) Full sized contracts tend to have a longer history to test with and can be more liquid than their mini counterpart.
2) Mini contracts' size are probably better suited when trading a small account but they typically have far less historical data to test with and can be far less liquid at times.
What do some of you guys do? I think ideally I'd like to include both the full size contract and the mini contract in the portfolio and have Blox give priority to the mini contract if entries are generated for both instruments at the same time. Maybe create a switch to turn mini trading on and off so when the account grows in size, it switches to full size contracts? Is this possible?