Help Calculating Index Futures daytrading Profits

Discussion in 'Index Futures' started by unclebond555, Mar 9, 2012.

  1. Intraday can be $500 or lower.
     
    #11     Mar 9, 2012
  2. rwk

    rwk

    I don't trade futures intraday, but it appears that exchange minimums only apply to positions held overnight. If a position is closed the same day it is opened, the margin requirement, if any, is set by the broker. This is for retail trading. Proprietary trading has its own rules.
     
    #12     Mar 9, 2012
  3. stoic

    stoic

    The broker I work with has the day trade margin @ $500 per contract.
     
    #13     Mar 9, 2012
  4. rknas

    rknas

    dollars made = 5 x 13 x 50

    margin required = 5 x 5000

    you don't use 500/contract day trading margin to make 13 pts, cause the risk (stop) needed for a non-scalp trade would exceed any meaningful ratio for anything less than the overnight min of 5k.
     
    #14     Mar 12, 2012
  5. heywally

    heywally

    :D
     
    #15     Mar 12, 2012