IB: How much money req. to trade 2 ES contracts?

OK, I know to trade 1 ES contract with IB, you need like $2,000. So how much do you need to trade 2 ES contracts? $4,000? I'm not saying I would take that much risk, just wondering what the facts are.

Thanks,

ROCK

 

you can use Check Margin to see the minimum margin required for an order entered

 

$1781 for one, $3562 for two to open a position.

Check here: http://www.interactivebrokers.com/cgi-pub/margin_amer.pl

 

Before you embark on this let me ask you the following question:

How much money do you think you would need to trade 1000 shares of a stock whose beta was 5?

nitro