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united46 · 16-09-2004, 05:32

Designmax

I'm afraid you're seasoned professional trader doesn't know what he's talking about.

Crazytrader is correct. If you compare a futures chart to a spot chart, the moves are virtually identical. The only differances are that futures prices are slightly different due to an allowance for interest rates in their pricing.

Also , futures are derivatives i.e they derive their price from the spot market.

Globex trades currency futures 24 hrs a day. It's true that liquidity dies down outside Europe/US hours and spread can widen. However, I've traded at 2-3 ticks as opposed to 1 tick at peak times.

If you think that futures markets traders move in different directions as they have to get "their trading done in a session ", you'll find they get torn a new asshole ( to quote from trading places).

Jacobfx

If you trade multiple lots, you'll find that costs are very similar. However, the futures market is regulated and you'll find the prices are truer to the spot market, unlike the retail shops where you often get price spikes (FXCM) to clear stops, especially around announcements.

Never had a problem with slippage in futures.

16-09-2004, 05:32	#5 (permalink)
united46 level 3 Join Date: Jun 2004 Posts: 248 Rep Power: 0	Designmax I'm afraid you're seasoned professional trader doesn't know what he's talking about. Crazytrader is correct. If you compare a futures chart to a spot chart, the moves are virtually identical. The only differances are that futures prices are slightly different due to an allowance for interest rates in their pricing. Also , futures are derivatives i.e they derive their price from the spot market. Globex trades currency futures 24 hrs a day. It's true that liquidity dies down outside Europe/US hours and spread can widen. However, I've traded at 2-3 ticks as opposed to 1 tick at peak times. If you think that futures markets traders move in different directions as they have to get "their trading done in a session ", you'll find they get torn a new asshole ( to quote from trading places). Jacobfx If you trade multiple lots, you'll find that costs are very similar. However, the futures market is regulated and you'll find the prices are truer to the spot market, unlike the retail shops where you often get price spikes (FXCM) to clear stops, especially around announcements. Never had a problem with slippage in futures.