missing one or two things of interest: account balance amount per trade is the amount per trade constant or is it priced off account balance (is this part of your money management technique??) and i just wanna clarify: if the trade goes to your stop you plan to exit while putting on a trade in reverse?? nice journal....have fun and make money!!
AB: I will allocate $10k to this account to allow for 100 losing trades + slippage + commission + platform fees APT: 1 lot trades with no deviation (I don't want to get killed) STOPS: If stopped at -10 there will be no reverse, reverse only takes place when daily chart puts in an opposite pattern, which normally takes at least a few days. A re-entry will happen when price returns to initial level ie 1st trade Long 12000, stopped 11990, 2nd trade Long 12000, etc TY!
so your initial margin is $3,125 per contract... so, how much contract does $10,000 account balance buy you??
Overnight margin is about $3,500 as far as I know, I don't quite follow what you're trying to establish
sorry, watching this oil thing on CNBC... i haven't traded YM - what margin are you trading with....how much $$$ to go long 1 contract??
It depends on your broker for RTH, but sinse there will be overnight holding periods involved there will be a full allocation of initial overnight requirement of $3502 per 1 lot, maximum loss per trade is limited to -$50 Gross providing fills don't start slipping out of control