Hi. I have recently taken interest in potentially trading the e-mini S&P500, but I know next to nothing about it. If you don't mind, someone please rid me of my ignorance. 1. What is the cost per contract of the ES, and how many would I be able to trade with 5000 or 10000 dollars? 2. What is a tick and how much $ does it represent? 3. What is a point and how much $ does it represent? 4.What profit potential is in the ES when compared to just day trading stocks? 5. Are there any other factors to worry about, like for example an expiration date? 6. What else makes trading the ES similar or different to trading stocks? 7. Is the pricing structure of the ES (ticks, points) the same with other index futures such as the YM? 8. What kind of margin is usually available in trading the ES and should I use it? Thanks!