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Old 07-02-2007, 06:19 PM   #1
kakakidan

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What do you buy on ER2 ... newbie Question

Hi,
I m totally new to trading. my question is

1) What exactly you buy, when you buy 1 contract on ER2 (emini russell) presently at 850.3. i mean crude contract, wheat, rice, etc...

2) how much money you need to buy 1 contract on ER2 without any broker leverage.

thanx a lot.. its a great forum, good source of information.
 
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Old 07-03-2007, 01:47 AM   #2

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Re: What do you buy on ER2 ... newbie Question

Russell 2000 is a composite of 2000 small companies (similar to the S&P 400 small cap). There is also an index in addition to the emini. You'll need about 3350$ minimum to trade but more if you don't want margin call (nowadays, the platform just exit the trade for you immediately).
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Old 07-04-2007, 10:15 AM   #3

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Re: What do you buy on ER2 ... newbie Question

Quote:
Originally Posted by kakakidan »
Hi,
I m totally new to trading. my question is

1) What exactly you buy, when you buy 1 contract on ER2 (emini russell) presently at 850.3. i mean crude contract, wheat, rice, etc...
http://www.cme.com/trading/prd/equit...ssell2000.html

Quote:
2) how much money you need to buy 1 contract on ER2 without any broker leverage.
http://www.cme.com/trading/prd/equit...l2000_FCS.html
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