Forum: Brokers
January 13th, 2014, 09:04 AM
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Replies: 46
Views: 50,997
This grade school student needs more help to...
This grade school student needs more help to understand.
Assume a $50,000 total trading pot, with 1% risk ($500) on NQ with a 5 point SL. That requires $2,500 total margin @$500 per contract...
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Forum: Brokers
January 13th, 2014, 02:52 AM
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Replies: 46
Views: 50,997
I haven't really given margins rates much...
I haven't really given margins rates much consideration, other than it means I need to hold less of my total account with the broker.
Surely you'll risk those 4 contracts, rather than 1 if it's...
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Forum: Brokers
January 9th, 2014, 01:05 AM
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Replies: 46
Views: 50,997
Mike,
Timely post for me, as I'm an...
Mike,
Timely post for me, as I'm an inexperienced trader and looking for a broker.
Another fee is money transfer in/out and the methods they use. Wire fees add up if that's your only option.
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