How much would I've made?..

Discussion in 'Metal Futures' started by hkrahra, Jan 31, 2012.

  1. hkrahra

    hkrahra

    ..if I bought 10 GC at 700$ and sold at 1800$?
     
  2. 1.1 million
     
  3. hkrahra

    hkrahra

    Thanks CT,I knew I told that jerks to buy at 700$!And as a back up I'd only needed ~60K,correct?
     
  4. well im pretty sure overnight margin has changed for gold since it was trading at 700. However currently ovenight margin is 11475 so that would mean you have to put up 114750 in margin to hold 10 contracts overnight.
     
  5. ya just did a quick search gold margin used to be about 6500 for overnight, hope that helps
     
  6. hkrahra

    hkrahra

    Thanks CT