Confused, questions, information, etc

Discussion in 'Index Futures' started by confusedxx, Nov 20, 2006.

  1. Hi,

    I trade forex and have been thinking of moving into Futures, but I have a few questions to start with as I am new to futures and know nothing about it. :confused:

    I would trade in a managed account using a signal provider which has shown good returns over the past year. Nevertheless, learning some basics is certainly in my interest.

    Does anyone have a guide for the basics they can refer me to?

    What is the cost to buy 1 lot each of the following:
    mini-size dow - YMZ6
    e-mini NASDAQ - NYZ6 and
    E-mini S&P500 ESZ6

    What is the typical transation cost for a round trade?

    What is the value of each point?