Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
I have been trading in the forex market but I'm starting to look into the futures market.
Looking at the ninjatrade brokage and i saw there was "Position limits" for what I researched its the limit of contracts that I can have of one kind of future at a time.
I understand the logic and the reasons behind it, but I was looking into the FDAX since it's the product that appeals to me, and the limit is 10 contracts and I thought that's is low, and this is why... * please bare with me, I probably will talk a lot of crap now, like I said i'm new to the futures market*
Since the cfd of the dax I can enter with 1000(thousand) contracts, according to my calculations its the equivalent of 40 (fourty) contracts on the fdax, so I thought that I could enter with at least 40 contracts in the fdax even though I was expecting slippage with this number of contracts.
Is this really the maximum contracts that I can trade in the FDAX? Or I'm understanding wrong?
I'm from Europe don't know if it changes anything about the limits.
Thank you in advance.
Can you help answer these questions from other members on NexusFi?
Usually, any limits that you have on your account can be raised by asking your broker.
I can set in my thinkorswim platform to trade an unlimited number of contracts but
my broker has my cap per trade at 30k. If and when I need more than that, I'll ask them
to raise it. Keeps me from fat fingering a trade.
