Discussion in 'Index Futures' started by Overnight, Jan 9, 2020.
I remember when Silver futures crossed $45 in 2011, and the CME increased margin rates....silver prices collapsed a couple of days later.
Yup, looks like today after the close slight increase on stock index futures and a few other markets. You can see the margins when updated or go into effect after today's close at:
Please note multiple key margin increases, per attached from CME:
ES $6930 --> $7260
NQ $7960 --> $8250
YM $5500 --> 6050
RTY $3300 --> $3520
GC $4950 --> $5500
SI $5720 --> $6050
HG $2640 --> 2970
All listed here https://community.optimusfutures.co...r-equities-and-metals-effective-1-9-2020/3244 Initial and Main listed
ES leverage of almost 23x. I think you'll live.
My "better clients" try to use 50% or 100% of the overnight margins even when day trading even though we offer as low as $500 for day trading.
Indeed, that is how I trade...I look at an entry I am about to take and think to myself, for example, "K, current initial on this one contract is 5500." The broker daytrade margin is 1000. I don't see it that way, because by allowing myself the full margin I can give myself more room on a possible swing, rather than going max level of the day margin, which to me is suicidal.
I don't remember that exactly ;
but I do remember a Trading Magazine chart had a chart of the many silVer margin increases/price, good uptrend for 52 weeks.............................................................................. I don't really have an opinion on the silver uptrend, if you think its going to $45 +50+, fine with me. DOW + margin does looks to HI; but ES, NasdaQ, QQQ + SPY looks fine. DOW , which I seldom trade, tends to get too HI, but by end of year, amazing how 52 weeks almost always helps LOL
They raised the margin because they intuitively sense there will be a BIG selloff in the coming days. I guess they took notice of my memo.
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