Traders Laboratory - View Single Post - FUTURES is where it's at!
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Old 02-18-2007, 06:59 PM
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Re: FUTURES is where it's at!

Robert, the $2,438 simply means that is the amount you need in your account to trade 1 contract. So a $5000 account would be able to trade 2 contracts. (which I highly do not recommend) For intraday trades, you can simply trade 2 contracts all day long as long as your account never dips below $4876 ($2438 + $2438). The maintence margin is the amount you need in your account minimum before your broker will give you a call and say please deposit more funds.

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