ES is equal to 500 shares of SPY NQ is equal to 800 shares of QQQ Each pt. in NQ is equal to 2.5 cents in QQQ Thus if you make .12 in QQQ it is about 5pts in NQ. ES must move 10pts to equal a 1pt move in SPY
If you have 25K in equity the answer is yes. I'll have to confirm but I believe your futures net liq would be included as captial.
You guys won't believe this but I did it again. This morning I was setting up a trade in IB Trader Workstation. I was getting ready to short ES . I accidentally hit enter instead of cancel. I shorted at 898.00 this morning. OH My goodness. Then I thought well, you sucker you are short, what ya going to do now. I covered at 890.75. Then said this was not bad, guess I could try some more. Traded the whole dam day. Put the money in my account. Went to the store to get a lotto ticket. Bert