NexusFi: Find Your Edge


Home Menu

 





Required Day Trading margin


Discussion in Brokers

Updated
      Top Posters
    1. looks_one mdsvtr with 2 posts (0 thanks)
    2. looks_two Daytrader999 with 1 posts (0 thanks)
    3. looks_3 SMCJB with 1 posts (0 thanks)
    4. looks_4 Quick Summary with 1 posts (0 thanks)
    1. trending_up 2,590 views
    2. thumb_up 2 thanks given
    3. group 4 followers
    1. forum 6 posts
    2. attach_file 0 attachments




 
Search this Thread

Required Day Trading margin

  #1 (permalink)
 mdsvtr 
Memphis,TN
 
Posts: 232 since Sep 2010

to trade the CT, S, ZW, ZC, ZS , LB, LE, OJ, etc...

I haven't traded in these types of commodities yet, but I am interested in them, and have recently been looking at their charts via different timeframes.

Can someone please tell me what the required Day trade margin(s) are to trade these various Commodities , as well as what each .01 , ,10 , $1 move in the various commodities, equates to, in terms of profit/loss ?
Example, a 1 tick move on the ES = $12.50 , so what would a 1 tick ( .10 cent move in Cotton be worth ) to me as a trader, trading cotton ( CT ) ?

Thanks much for the help

P.S. If someone has a Link to a site that simplifies and breaks down what I'm looking for, please post/attatch it.
I really appreciate it

Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Better Renko Gaps
The Elite Circle
Deepmoney LLM
Elite Quantitative GenAI/LLM
Exit Strategy
NinjaTrader
ZombieSqueeze
Platforms and Indicators
The space time continuum and the dynamics of a financial …
Emini and Emicro Index
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
Get funded firms 2023/2024 - Any recommendations or word …
59 thanks
Funded Trader platforms
37 thanks
NexusFi site changelog and issues/problem reporting
24 thanks
GFIs1 1 DAX trade per day journal
22 thanks
The Program
19 thanks
  #3 (permalink)
 
tturner86's Avatar
 tturner86 
Portland, Oregon
 
Experience: Intermediate
Platform: F-16CM-40
Trading: GBU-39
Posts: 6,191 since Sep 2013
Thanks Given: 10,459
Thanks Received: 12,695



mdsvtr View Post
to trade the CT, S, ZW, ZC, ZS , LB, LE, OJ, etc...

I haven't traded in these types of commodities yet, but I am interested in them, and have recently been looking at their charts via different timeframes.

Can someone please tell me what the required Day trade margin(s) are to trade these various Commodities , as well as what each .01 , ,10 , $1 move in the various commodities, equates to, in terms of profit/loss ?
Example, a 1 tick move on the ES = $12.50 , so what would a 1 tick ( .10 cent move in Cotton be worth ) to me as a trader, trading cotton ( CT ) ?

Thanks much for the help

P.S. If someone has a Link to a site that simplifies and breaks down what I'm looking for, please post/attatch it.
I really appreciate it

Your broker can give you the best info on day margins.

Visit my NexusFi Trade Journal Reply With Quote
  #4 (permalink)
 
Daytrader999's Avatar
 Daytrader999 
Ilsede, Germany
Site Moderator
 
Experience: Advanced
Platform: NinjaTrader 8
Broker: Rithmic / CQG / Ninja Trader Brokerage
Trading: NQ
Posts: 1,525 since Sep 2011
Thanks Given: 2,067
Thanks Received: 2,316


mdsvtr View Post
to trade the CT, S, ZW, ZC, ZS , LB, LE, OJ, etc...

Can someone please tell me what the required Day trade margin(s) are to trade these various Commodities , as well as what each .01 , ,10 , $1 move in the various commodities, equates to, in terms of profit/loss ?
Example, a 1 tick move on the ES = $12.50 , so what would a 1 tick ( .10 cent move in Cotton be worth ) to me as a trader, trading cotton ( CT ) ?

Thanks much for the help

P.S. If someone has a Link to a site that simplifies and breaks down what I'm looking for, please post/attatch it.
I really appreciate it

You can find all product and contract specifications as well as tick size and margin requirements by starting out here:

https://www.cmegroup.com/trading/products/

"If you don't design your own life plan, chances are you'll fall into someone else's plan. And guess what they have planned for you? Not much." - Jim Rohn
Reply With Quote
  #5 (permalink)
 
SMCJB's Avatar
 SMCJB 
Houston TX
Legendary Market Wizard
 
Experience: Advanced
Platform: TT and Stellar
Broker: Advantage Futures
Trading: Primarily Energy but also a little Equities, Fixed Income, Metals and Crypto.
Frequency: Many times daily
Duration: Never
Posts: 5,041 since Dec 2013
Thanks Given: 4,375
Thanks Received: 10,192


mdsvtr View Post
Can someone please tell me what the required Day trade margin(s) are to trade these various Commodities


tturner86 View Post
Your broker can give you the best info on day margins.

I would add that while minimum overnight margin requirements are set by the exchange, you will find different brokers have very different day trading margin requirements.

Reply With Quote
  #6 (permalink)
 mdsvtr 
Memphis,TN
 
Posts: 232 since Sep 2010

Thank you for the input and information

Daytrader999.... great link to the CME ( lots of good information on the various symbols and their contracts )

I'm about to call TorS and see what the average daily margin is to daytrade these, as well as overnight margin requirements.

I'm likely going to have to close all positions at the end of the day, as I'm sure the overnight margins are quite substantial

Reply With Quote
  #7 (permalink)
 augustco 
madison,wisconsin
 
Experience: Intermediate
Platform: ninjatrader
Frequency: Daily
Duration: Hours
Posts: 36 since Jun 2011
Thanks Given: 20
Thanks Received: 21

I found a great margin calculator at https://www.rjobrien.com/tools/margins.

Reply With Quote
Thanked by:




Last Updated on May 6, 2017


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts