Futures down 1% - Could Monday be another 1%+ decline?

Discussion in 'Trading' started by OptionsOptionsOptions, Mar 1, 2020.

  1. trader99

    trader99

    what the heck? I tried to buy 1 NQ and it said I need $28K+ in one of my IRA acct at IB! IB IRA margins are ridiculous! Did they just raised the margins overnight? The RTH margins are probably lower. Now that I know how to trade and make consistent money, I think I should look at a broker with a lower margins.
     
    #11     Mar 1, 2020
  2. Robert Morse

    Robert Morse Sponsor

    trader99-We can offer Futures accounts to IRAs if you use a self-directed IRA company like Midland IRA. You will get CME SPAN margin. Today, NQ initial is $9,350, Maintenance is $8500.
     
    #12     Mar 1, 2020
  3. expiated

    expiated

    To me, they look like they might be ready to begin rising again for the first time since February 20, 2020.
     
    #13     Mar 1, 2020
  4. Pekelo

    Pekelo

    Except at the open it was where the price was at 3:30 pm. Not counting that ridiculous rally at the end, price didn't move at all. And since 6 pm we are actually up pretty good.
     
    #14     Mar 1, 2020
  5. Probably go limit up overnight. Why not?
     
    #15     Mar 1, 2020
  6. Overnight

    Overnight

    Caixin worst on record, second death in US, and now a case in NYC. Take 'er down another 3-4% tomorrow.
     
    #16     Mar 1, 2020
  7. Deez

    Deez

    Snap out of it man. The bottom is in.
     
    #17     Mar 1, 2020
    _eug_ likes this.
  8. Cuddles

    Cuddles

    dead cat bounce....bottom is far from in.....#FeelTheBern this Tuesday
     
    #18     Mar 1, 2020
    KCalhoun likes this.
  9. Deez

    Deez

    If in fact that is true you may be right. However, Uncle Joe winning by 30% seems substantial and it puts him back as the favorite. No Bernie plus an already baked in corona virus productivity blip would mean a V recovery :D
     
    #19     Mar 1, 2020
  10. kashirin

    kashirin


    Even with all Fed printing it should be at least 20% from inflated highs.Buybacks are gone
     
    #20     Mar 1, 2020