I am new to futures and have a question

Discussion in 'Index Futures' started by ltc8008, Jun 4, 2007.

  1. ltc8008


    Hello all,
    I am really happy to have found your forum as I have always been interested in trading but have no idea how or where to start. I do have some basic questions though:

    1. how much does one YM contract cost? With $5000 would I be able to purchase one contract, 2 maybe?

    2. If I open an saccount with $5000 how much margin I would have for futures trading?

    Thank you very much for your time and answers.

  2. As the above post says, www.cbot.com is a great resource. Spend some time there and educate yourself on the basics of what you are thinking of trading.

    www.cme.com is good as well for the other popular indexes.
  3. nkhoi

    nkhoi Moderator