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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: Gersh Avery who wrote (35106)10/4/1999 2:11:00 PM
From: Chip McVickar  Respond to of 44573
 
Gersh,

So.......take your availiable equity subtract open contracts held over night [position trades] per $25,000 and divide the remainder at $12,500 for day trades. Okay, thank you I've (we've) got it down?

For me:
equity = $266,800
less 7 open x $25,000 = $175,000 - [$266.8] = $91,800 available for new position or day trades ÷ $12,500 = 7.3 contacts for day work.

Well, we've got 6 months...right?

Chip