A Word About Micros & Levels for May 9th 2019
Posted By:- Ilan Levy-Mayer Vice President, Cannon Trading Futures Blog
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- The MICROS are a good tool for perhaps hedging a trade you are in. Example, you are short ES, market going against you but you dont want to get stopped or get out, you buy x number of contracts to hedge x% of your current position.
- MICROS may be a good start for newcomers and smaller accounts.
- MICROS can be a nice transition from trading a demo account and before moving on to the standard size.
- MICROS may provide more flexibility for traders who like to average up and down…..
- Last but not least, the MICROS could be a good way to initiate longer term positions with lower leverage.
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