I would seriously consider trading the Brent Oil future...it is in the 'middle' daytrade margin wise and has the SAME tick/point value as the CL... daytrade margins: mini crude: $1,650 Crude: $3,300 Brent: $2,500 the day range of Brent and Crude is the same and the volume average is this: Brent: 233K Crude: 484K... both the same tick/point value...
now that is some useful information..thanks but i don't see where crude oil.. has a 3300 dollar margin? last i checked it was 8775? http://www.tradewithvision.com/resources/margins_twv.cfm
jay, increasenow is the town idiot. I believe he is quote globalfutures.com margins which are usually very low. you guys should relax. different orders are used for different purposes. to each his own. I use limits on planned entry and exit.... only use stop market (market if touched) for my stops. rarely use markets as I am more of technical trader and I only want to be in a trade at a certain level and i don't want to hover over the screen waiting for it to get there.