I have heard it said in posts in this forum that it is possible to trade an emini contract comprising 200 DIA 's (ie. approximately 20000 worth) with an account balance fo just 1200 dollars with a broker such as I.B. Firstly I would like to know what is the code that denotes this contract, is it offered by I.B and what is the current account minimum to trade one contract? Any answers to these questions would be appreciated as all of the posts seem to neglect to mention the name of the contract and also concentrate on other instrument such as N.Q's or E.S's.
Dark Horse- do not waste your time with dow minis. Trading of them is almost nonexistent. Sorry to say