Max leverage for SP500 & NASDAQ

Discussion in 'Stocks' started by TheMordy, Aug 5, 2023.

  1. TheMordy

    TheMordy

    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
     
  2. USDJPY

    USDJPY

    Use 30x leverage
     
    EdgeHunter likes this.
  3. TheMordy

    TheMordy

    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)
     
  4. CALLumbus

    CALLumbus

    Trade Nasdaq futures (NQ). With 500 USD margin per contract you have leverage of about 550x . I think that should be enough.
     
  5. How about the daily QQQ and SPY options?

    A 1% move will give you way more than a 30% gain.
     
    TheMordy likes this.
  6. TheMordy

    TheMordy

    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 ?
     
  7. TheMordy

    TheMordy

    Thanks. Do NQ futures move align with NQ on a 30-60min timeframe ?
     
  8. Overnight

    Overnight

    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.
     
    TheMordy likes this.
  9. USDJPY

    USDJPY

    Try AMP: $500 or $400 per ES contract! Just don’t trade more than one contract until you develop an edge.
     
  10. BKR88

    BKR88

    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.
     
    Last edited: Aug 5, 2023
    #10     Aug 5, 2023
    TheMordy likes this.