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

To: Jack of All Trades who wrote (20664)4/9/1999 3:55:00 PM
From: Gary E  Read Replies (1) | Respond to of 44573
 
Well I guess that would let you trade 1 contract and 5 pts is 5 x 250/ ,,,,so get out yr calculator.
And BTW if you don't know anything about it,,,,study first or its real expensive tuition. I don't mean to be short here but it is not easy,,you must work very hard and know your own limits.



To: Jack of All Trades who wrote (20664)4/9/1999 3:57:00 PM
From: Patrick Slevin  Read Replies (1) | Respond to of 44573
 
If you have 20K you can daytrade 2 Large Contracts I believe.

A 5 point move per Contract is $1250 either way. You win 5 points, you bank $1250. You lose 5, you pay out $1250

Plus the Vig either way.

The Small Contract I guess you can probably trade 5. There, it's $50 a Full Point. One Fifth of the Large.


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