Systems, Strategies and Resources for Trading Futures Message Board

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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures

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To: Arik T.G. who wrote (37687)	10/20/1999 8:48:00 AM
From: Matthew L. Jones	Read Replies (3) of 44573

At the risk of sounding stupid... where can I find information of the actual mechanics of S&P Trading? How do I convert index numbers into dollars? How much margin does one S&P contract tick or point or what ever represent? I've now read a couple of books and I'm OK on the actual trading part (that doesn't mean I can make money <g>, but that I understand the trading part) but I do not understand the trading increments, and how much money each move represents. Also I don't know anything about estimating slippage and commissions. Could someone refer me to a website or recommend a book that spells out the mechanics of trading S&P's and E-minis? Thanks a lot. Matt

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