Newbie to Futures: Margin relative to account size | Reviews of Brokers and Data Feeds - futures trading strategies, market news, trading charts and platforms

Reviews of Brokers and Data Feeds

Review and discuss futures brokers, their requirements and features, or ask questions about brokers and data feeds


Newbie to Futures: Margin relative to account size

  #15 (permalink)

Wiltshire, United Kingdom
Trading Experience: Beginner
Platform: Jigsaw daytradr
Favorite Futures: US Equity Index Futures
matthew28's Avatar
Posts: 730 since Sep 2013
Thanks: 1,480 given, 1,239 received

Blash View Post
The notional value of a futures contract means very little to 99% of retail traders speculating on ES day trades or even on trades lasting a few weeks. Now if one is holding to expiration that is a different story all together ie take delivery.

As Sienna said he had traded forex I was emphasising the size of an ES contract size in relation to forex pip values that forex traders might be more familiar with. And not related to Sienna, but in general, perhaps if more retail traders had a realisation of how much a futures contract is worth they wouldn't be trying to trade futures with tiny accounts and losing 50% of it on a bad day.

Last edited by matthew28; August 20th, 2015 at 12:37 PM.
Visit my futures io Trade Journal Reply With Quote
The following user says Thank You to matthew28 for this post: