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Micro-futures v regular futures, what you need to know - Micro Futures Available via NinjaTrader Brokerage

NOTE .....If actively long in one index contract then cannot enter long on another index future, only short thus keeping market neutral AND not adding to market risk

Dax 40 on Eurex exchange in Frankfurt fully electronic

FDAX Standard Dax futures = 25 Euros a point (tick size = 0.5)
FDXM Mini Dax futures = 5 Euros a point (tick size = 1 point)
FDXS Micro Dax futures = 1 Euro a point (tick size = 1 point)


Opening 00.10 GMT
Closing   21.00 GMT

Trading begins after a pre-trading period (typically starting at 00:00 GMT) and includes a brief closing auction at 21:00 GMT.

These hours apply Monday through Friday, with closures on major German holidays (e.g., Christmas, New Year’s Day).

Micro E-mini S&P 500 Futures (MES)

Underlying Index: S&P 500

Contract Size: 1/10th of the E-mini S&P 500 ($5 per point)

Tick Size: 0.25 index points

Tick Value: $1.25

Purpose: Access to the broad U.S. stock market at a reduced cost

Micro E-mini Nasdaq-100 Futures (MNQ)


Underlying Index: Nasdaq-100

Contract Size: 1/10th of the E-mini Nasdaq-100 ($2 per point)

Tick Size: 0.25 index points

Tick Value: $0.50

Purpose: Exposure to tech-heavy U.S. stocks with high volatility.

Micro E-mini Dow Futures (MYM)

Underlying Index: Dow Jones Industrial Average

Contract Size: 1/10th of the E-mini Dow ($0.50 per point)

Tick Size: 1 index point

Tick Value: $0.50

Purpose: Trading the 30 major U.S. industrial companies.

Micro E-mini Russell 2000 Futures (M2K)


Underlying Index: Russell 2000

Contract Size: 1/10th of the E-mini Russell 2000 ($5 per point)

Tick Size: 0.10 index points

Tick Value: $0.50

Purpose: Access to small-cap U.S. stocks.

Micro Crude Oil Futures (MCL)

Underlying Asset: WTI Crude Oil

Contract Size: 100 barrels (1/10th of standard Crude Oil futures)

Tick Size: 0.01 per barrel

Tick Value: $1.00

Purpose: Trading the energy market with lower capital requirements.

Micro Gold Futures (MGC)

Underlying Asset: Gold

Contract Size: 10 troy ounces (1/10th of standard Gold futures)

Tick Size: 0.10 per troy ounce

Tick Value: $1.00

Purpose: Hedging or speculating on gold prices.

Micro Silver Futures (SIL)


Underlying Asset: Silver

Contract Size: 1,000 troy ounces (1/5th of standard Silver futures)

Tick Size: 0.005 per troy ounce

Tick Value: $5.00

Purpose: Exposure to silver price movements.

Micro Bitcoin Futures (MBT)


Underlying Asset: Bitcoin

Contract Size: 0.10 Bitcoin (1/10th of standard Bitcoin futures)

Tick Size: 5 index points

Tick Value: $0.50

Purpose: Trading cryptocurrency volatility in a regulated market.

Micro Ether Futures (MET)


Underlying Asset: Ethereum

Contract Size: 0.10 Ether (1/10th of standard Ether futures)

Tick Size: 0.50 index points

Tick Value: $0.05

Purpose: Speculating on Ethereum price changes.

Micro 10-Year U.S. Treasury Note Futures (M10Y)


Underlying Asset: 10-Year U.S. Treasury Note

Contract Size: $10 per point (1/10th of standard 10-Year Note futures)

Tick Size: 1/64th of a point

Tick Value: $1.5625

Purpose: Trading interest rate movements with lower exposure.

Micro SMI Futures (FSMI Micro) FSMS


Underlying Index: SMI (Swiss Market Index, 20 major Swiss companies)

Contract Size: 1 CHF per index point

Tick Size: 1 point

Tick Value: 1 CHF

Launch Date: April 19, 2021

Availability on NinjaTrader: Yes

Notes: Tracks Swiss blue-chip firms (e.g., Nestlé, Roche). Less traded than FDXS or FESX, making it somewhat "rarer" in terms of retail focus.

Micro EURO STOXX 50 Futures (FESX Micro) FSXE

Underlying Index: EURO STOXX 50 (50 major Eurozone companies)

Contract Size: €1 per index point

Tick Size: 1 point

Tick Value: €1

Launch Date: April 19, 2021

Availability on NinjaTrader: Yes

Notes: Covers major Eurozone stocks (e.g., LVMH, SAP). Popular and liquid, not rare.


Micro STOXX Europe 600 Futures (F600 Micro)

Underlying Index: STOXX Europe 600 (600 companies across 17 European countries)

Contract Size: €1 per index point

Tick Size: 0.5 points

Tick Value: €0.50

Launch Date: October 18, 2021

Availability on NinjaTrader: Yes (though less prominently featured)

Notes: Broader European exposure than EURO STOXX 50. Lower liquidity and awareness make it a "rare" micro contract relative to FDXS or FESX.

Micro MSCI Europe Index Futures

Underlying Index: MSCI Europe (large- and mid-cap stocks across 15 European countries)

Contract Size: €1 per index point

Tick Size: 0.05 points

Tick Value: €0.05

Launch Date: Part of Eurex’s MSCI micro suite expansion (circa 2021-2022)

Availability on NinjaTrader: Likely yes (Eurex MSCI futures are supported, though not heavily advertised)

Notes: Niche due to its focus on a specific MSCI benchmark. Low retail volume qualifies it as "rare."

Micro MSCI World Index Futures

Underlying Index: MSCI World (large- and mid-cap stocks across 23 developed markets globally)

Contract Size: $1 per index point

Tick Size: 0.05 points

Tick Value: $0.05

Launch Date: Part of Eurex’s MSCI micro suite

Availability on NinjaTrader: Likely yes (similar to MSCI Europe)

Notes: Unique for its global scope (including U.S., Japan, etc.). Very low visibility among retail traders, making it "rare."

Micro MSCI USA Index Futures

Underlying Index: MSCI USA (U.S. large- and mid-cap stocks)

Contract Size: $1 per index point

Tick Size: 0.05 points

Tick Value: $0.05

Launch Date: Part of Eurex’s MSCI micro suite

Availability on NinjaTrader: Likely yes

Notes: Competes with CME’s MES but offers a different index flavor. Rarely traded by retail, thus "rare."

Micro MSCI Emerging Markets Index Futures
 
Underlying Index: MSCI Emerging Markets (stocks from 24 emerging economies)

Contract Size: $1 per index point

Tick Size: 0.05 points

Tick Value: $0.05

Launch Date: Part of Eurex’s MSCI micro suite

Availability on NinjaTrader: Likely yes

Notes: Exposure to markets like China, India, Brazil. Extremely niche and low-volume, a "rare" gem.

Micro AUD/USD Futures (M6A)

Underlying: Australian Dollar vs. U.S. Dollar

Contract Size: 10,000 AUD (1/10th of standard AUD/USD futures at 100,000 AUD)

Tick Size: 0.0001 USD per AUD

Tick Value: $1.00

Micro EUR/USD Futures (M6E)


Underlying: Euro vs. U.S. Dollar

Contract Size: 12,500 EUR (1/10th of standard EUR/USD futures at 125,000 EUR)

Tick Size: 0.0001 USD per EUR

Tick Value: $1.25

Micro GBP/USD Futures (M6B)

Underlying: British Pound vs. U.S. Dollar

Contract Size: 6,250 GBP (1/10th of standard GBP/USD futures at 62,500 GBP)

Tick Size: 0.0001 USD per GBP

Tick Value: $0.625

Key Points:
Launch Date: These micro forex futures (M6A, M6E, M6B) were launched by the CME on May 3, 2021, to target retail traders seeking lower-cost forex exposure.

Micro Palladium Futures (MPA)


Ticker: MPA

Underlying: Palladium

Contract Size: 10 troy ounces (1/10th of standard PA futures at 100 oz).

Tick Size: 0.50 USD per troy ounce.

Tick Value: $5.00.

Launch Date: June 27, 2022.

Availability on NT: Yes, though less liquid than gold or silver, it’s supported.
Micro Platinum Futures (MPL)

Ticker: MPL

Underlying: Platinum

Contract Size: 10 troy ounces (1/5th of standard PL futures at 50 oz).

Tick Size: 0.10 USD per troy ounce.

Tick Value: $1.00.

Launch Date: June 27, 2022.

Availability on NT: Yes, another niche but tradable option.

Micro Corn Futures (YC)

Ticker: YC

Underlying: Corn

Contract Size: 100 bushels (1/10th of standard ZC at 5,000 bushels).

Tick Size: 0.125 cents per bushel.

Tick Value: $0.125.

Availability on NT: Yes, seen in active positions on X posts.

Micro Soybean Futures (YK)

Ticker: YK

Underlying: Soybeans

Contract Size: 100 bushels (1/10th of standard ZS at 5,000 bushels).

Tick Size: 0.125 cents per bushel.

Tick Value: $0.125.

Availability on NT: Yes.

Micro Wheat Futures (YW)

Ticker: YW

Underlying: Wheat

Contract Size: 100 bushels (1/10th of standard ZW at 5,000 bushels).

Tick Size: 0.125 cents per bushel.

Tick Value: $0.125.

Availability on NT: Yes

Micro Copper Futures (MHG)

Ticker: MHG

Point Sizes (Tick Sizes)
Tick Size: 0.0005 USD per pound Underlying: High Grade Copper (COMEX HG futures benchmark).

Contract Size: 2,500 pounds (1/10th of the standard HG futures at 25,000 pounds).
Example: At $4.00 per pound, notional value = 2,500 × $4.00 = $10,000 USD.

Settlement: Financially settled (cash-settled based on the HG futures price at expiration, no physical delivery).

Expiration: Monthly contracts, typically expiring on the third-to-last business day of the contract month (e.g., March 27, 2025, for “H” contract).

Exchange Notes
Exchange: CME Group (COMEX division).

Purpose: Offers retail traders and smaller investors exposure to copper prices (an industrial metal tied to construction, electronics, and global growth) with lower capital requirements than standard HG futures.

Launch Date: May 2, 2022.

Liquidity: Growing, with over 12,000 contracts traded daily by April 2024 (per Reuters), though less liquid than micro gold (MGC) or crude oil (MCL).

Trading Platform: Accessible via NinjaTrader Brokerage with a CME futures account and real-time COMEX data subscription (e.g., through Kinetick or CME’s data feed).

Opening and Closing Times (GMT)
Trading Hours: Nearly 24 hours a day, 5 days a week:
Opening Time: Sunday 23:00 GMT (6:00 PM EST).

Closing Time: Friday 22:00 GMT (5:00 PM EST).

Daily Break: 22:00 GMT to 23:00 GMT (5:00 PM EST to 6:00 PM EST), a 1-hour halt each trading day.

Notes on Times:
These hours align with CME’s Globex electronic trading schedule for metals futures.

As of March 1, 2025, GMT is in use (not BST or daylight saving adjustments yet—those typically start late March). EST (Eastern Standard Time, UTC-5) is the CME’s base timezone, so GMT (UTC+0) reflects a 5-hour offset.

Trading is continuous except for the daily break and major U.S. holidays (e.g., Thanksgiving, Christmas).

Additional Details
Contract Months: Available for all 12 months (January to December), with symbols like MHGH5 (March 2025), MHGJ5 (April 2025), etc., following CME’s month codes (F, G, H, J, K, M, N, Q, U, V, X, Z).

Margins on NinjaTrader:
Intraday: As low as $50-$100 (varies by volatility and NinjaTrader’s clearing firm).

Initial (overnight): Around $500-$1,000, per CME requirements (exact figures depend on current market conditions).

Purpose: Ideal for hedging or speculating on copper prices with a smaller notional value than the standard HG contract ($100,000+ at $4.00/pound).
exposure
exposure
exposure
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This did well in the last few years but a bit bumpy in previous years
Best sortino long only

I Like the shape of this best
 and it is still long only...
Best sortino long only

Follow the Rare-Golem-H strategy...........

With long and short fixed the long variables and fast to 18.

Got 0.59 sortino with these and $444,000 on 1 contract long and short 60k short profit

Long depth 2
Short depth 11 or 7
Fast fixed at 18
Long stop fixed at 5.25
Long targ fixed at 4.2
Short stop 7 or 6
Short targ 3
use TF fixed at 1
DG Smooth fixed at 8

all overnight filters OFF ( friday exit cost lots of profit )

444k in one, and 482k in other.



Best sortino long only


I would be happy to run this one, Dax M6 report below with 0.79 Sortino....


Subscribe to PTS YouTube channel, then email me and I will tell you.
 
Best sortino long only
 

 

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