Hi there, I'm trading the SP500 & the NASDAQ intraday, holding positions between 30min up to 2 hours max. Is there a way to get maximum leverage, to turn a 1% move into 30% or more. (don't worry, will still apply the 2% risk management rule) Thanks
I'm on IBKR, max 6x leverage. I'm asking about different instruments, maybe some contracts instead of buy&sell, (don't know enough about various instrument available)
Trade Nasdaq futures (NQ). With 500 USD margin per contract you have leverage of about 550x . I think that should be enough.
Yep. That's what I'm looking for. The question is: 1) Where can I read about the daily QQQ 2) I'm intraday trading. Do SPY options move align with SPX within 30-60min time frame ?
More like a microsecond timeline. If not it would be arbed to hell. Who knows, those crazy firms who vie for their antennae towers to be 2 meters closer to the CME than the next guy probably can do that.
Try AMP: $500 or $400 per ES contract! Just don’t trade more than one contract until you develop an edge.
NQ futures intraday chart will be essentially identical to NDX intraday chart. Some brokers have $500/contract intraday margin for NQ. A 1% move in NQ now would be ~154 pts. x $20 = $3,080 with 1 contract. At $500 margin per contract that's a 616% gain with max leverage.