Search results

TREX The price for an E-mini dow is around $9000. With a 5:1 margin, i would be able to purchase 1 contract. Is this correct, or did I miss something?

Ok, Can someone post a link to a site that simply teaches the basics of Futures trading?

Very true hypo I have an idea of what my system will do, but i need to grasp an understanding of what the Futures markets are like in reality. For example: 1) Does gain of 1 point on a NS or NQ future equate to a gain of 1 dollar on the contract? 2) Are there times...

Which people?

Sure, you can suggest a broker requiring a $500 margin per contract.

Yes, i realize that i'm about to go under, but I would like to give NQ and/or EQ a try. Is it possible for an account with $2600 to trade the NQ or EQ markets?

Good, i'm a hair above the $2,600 mark in my account right now. If you wanted to buy a future, would you go throught the same motions as if you were buying a stock? ie. place the ticker name, lot size, price, and press buy button?

Great, I have an account with IB, and have lost a significant amount trading stocks due to the SEC's pattern day trader rules (cannot sell the stock on the same day, thus stop losses were blown through). So, now i'm looking to get into futures, since the rule doesn't apply. When you say...

Is it possible to trade futures with a starting cap of $2000, or does the SEC have rules about the minimum amount of equity a trader must have?

By "open", do you mean an index or an induvidual stock, index, or future?

hi surf, In percent form, how much has your initial capital changed by using this system?

Wow, that's one amazing success story. You're right about myself thinking that I already know the markets. And you're right that i'll probably lose it all. Heck, you're right about everything. I just wanted to get some experience and get a feel for what it was like to trade with real money...

Thanks for the advice I hear 1 mil is a good number as well

Yeah, i've read some books about TA. I know about breakouts, resistance and support levels. I think that bottom feeding (buy at the bottom of a cycle and sell at the top) suits my personality.

I was selling 200 stocks @ appx 10 dollars each.

an interesting fact: Double your $3000 nineteen times and you will have 1.5 billion dollars.

So these "prop" firms will provide you with a leverage, even if i exclusively trade with IB?

i have... i mean had $3000 of my hard earned money in the account. IB gives a 2:1 margin if you have under $25,000 in your account. Since my start, I have lost 300 dollars, which over 5 business days equates to 60 dollars a day.

I also recently sold a low vol stock (~20,000) and when i put my sell order in at the bid price, the bid price moved down in conjunction with my order, so effectively I was causing myself to chase the price down further. Is this a figment of my imagination, or does this common with small vol...