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The Downside of Trading Futures

  #18 (permalink)

Market Wizard
Boca Raton
Trading Experience: Advanced
Platform: Variety
Broker/Data: Optimus Futures, LLC
Favorite Futures: Futures
mattz's Avatar
Posts: 2,381 since Sep 2010
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cotradetech View Post
....So far I've learned from you guys that the margin might be higher for overnight hold and it will be my responsibility to find out with the broker.

Just as an FYI: The overnight margins are set by the exchanges. For example, you can take a look at ES as an example

This is the maintenance margin. The initial margin should be 10% higher. This is the MINIMUM you would need to hold overnight. Your broker may set overnight at this rate or higher depending on the risk you carry.

Thank you,
Matt Z
Optimus Futures

There is a substantial risk of loss in futures trading. Past performance is not indicative of future results.

PM with any questions about optimusfutures (800) 771-6748 (561) 367 8686. THERE IS A SUBSTANTIAL RISK OF LOSS IN FUTURES TRADING.
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