Robert Morse
Sponsor
I agree on the cost, but the margin for a Reg-T account is much greater than futures. $693 would be similar to buying $13,900 SPY. (I hope I did that right). If your account is over $25K and you get 4X, that is margin of $3475 and that is just for DT. If your account is under $25K, you can't really DT or get 4X.Hello Jack and welcome. Could you please elaborate on this? I assume you like the micros because you scale in and out which is easier to do with micros.
Also, have you considered using equities where you can reduce commissions if you provide liquidity? Is it just because you are more familiar with futures or there's something that gives you a better edge in futures?