I´m newbie

Discussion in 'Retail Brokers' started by torero, Dec 28, 2003.

  1. nkhoi

    nkhoi

    it is hard to go any where when thousand feet of competitor stomp on your back.
     
    #11     Dec 28, 2003
  2. LOL. Very apt analogy.
     
    #12     Dec 28, 2003
  3. torero

    torero

    Many THx for the Answer.
    Well i can say often i have trade a demo and in the end i was evertime in plus.
    I trade a littel like Ross Trading is my stratagi and function well.
    I have trade the SP not feed but pay spreed my broker was 0,7 point spreed for him.
    that is the reson i want go to the mini futur.
    Well and what can i say one day i must do my first step in the cold water.
    If everbody just tell no is to danger well nobody trade futurs.

    Regards and many thx

    torero
     
    #13     Dec 28, 2003
  4. nkhoi

    nkhoi

    #14     Dec 28, 2003
  5. alanm

    alanm

    Quote from torero:
    Is not possibel with IB to trade the mini futurs with 3000$ ?


    Yes, you can. The intra-day initial margin for the ES is $2K.

    It goes up to $4K at 15:45 ET. That means you need to be flat (i.e. have no position) by that time, or have more than $4K (per contract), or your position will get liquidated automatically between 15:45 and 16:15 ET.

    Also, you cannot open a new position if your account falls below $2K.

    I think equity is the lesser of your previous day's equity or your current equity (it's this way for stocks - not sure about futures).

    Can someone comment on when the requirement goes back down to $2K again? It doesn't mention this on the relevant page.
     
    #15     Dec 28, 2003
  6. torero

    torero

    I want THX to all Great Pepole here and for you help.
    Well i live in europ for me is interesting also the premarket margin.
    Europ time beginn 8 at morning is 2 Est is the margin 4K or 2K again or is 2k just if the market are open normal time ?
    Well my strategi is beginn with 3000 and max. loss 1000.
    I think for the first time is a good way to go to the cold water.
    Because if i lose so i have loss no more and have time to anayice what i do wrong ;)
    But my first Step is not Winn much my first step is not to lose money ;)
    Again many Thx for help and the links i will read all.
    Last question is IB the only that offer trades with 3k or have i a alternative ?

    Sorry for my bad english ;)

    I wish you all great winning

    Regards
    torero
     
    #16     Dec 29, 2003
  7. Sashe

    Sashe

    2K margin is good from 9:30am till 3:45pm EST
    What country are you from torero?
    I am from Russia. Trade DAX, ES, YM.
     
    #17     Dec 29, 2003
  8. torero

    torero

    From germany but i´m not a german just a foreigner in this country.
    It´s how the song from STING I´m a allien here a legal allien ^^
    And i trade about a speedbething frim in england and have do a good perfomance.
    But often is ist very frustating because often don´t function the trading desk sometimes there don´t make my orders.
    And other problem ist i pay all time 0,7 S&P Point on day trading or 1 point on mar S&P.
    I have really begann with a mini acount if i tell you nobody want belive me.
    And if i say mini is really mini.
    I was often in the right way but there software :(
    Sometimes you can buy sometimes not lol
    Crazy

    regards
    torero
     
    #18     Dec 29, 2003