DOLL, thanks again for your time and effort
I appreciate the posts and don't you worry about being "long-winded".
Like I said in my prior post (please read), the more the merrier.
I try to figure out the leverage factor and maintenance for every 1 contract in a category (i.e. EUR is in a category of its own apart of Oil). So they must differ.
I see that Oil cost is (as per your info) 4400 margin, controlling 119,300, thus a leverage factor of 27 times (or 2700% multiplier ; or margin of 3.7% - whichever way is clearer)
On the other hand, the EURO seems 1500 times (or 150,000% multiplier ; or margin of 0.07%) - this is outright scary for someone like me knowing about leverage, but I have a feeling it may be wrong, so please state margin cost for 1 EURO contract (that controls $125,000 if I'm not mistaken), and its maintenance level.
As with leverage it comes that nasty "we lend you the leveraged portion" part, basically where they charge you interest on that ...$100,000 massive "loan". So how's doing that cost? Skinned off the account at EOD on rollover positions? I would think so. Please clarify.
As for unlimited risk goes, it does not exist given all the info at hand. High risk yes, exists, ginormous risk, of course, but not unlimited. If you control the leverage (like I try each and every day) then you run VERY limited risk, and VERY manageable, and it will be YOU that can play them.
If you don't do it properly, with one mistake you make they can take you out instantaneously - that's exactly what they like (just watch the oil drop for relevance, or gold volatility LOL).
Options - instinctively you guys like it because it offers high leverage (not like futures but pretty good), while (and unlike futures) it offers limited risk.
The payment for trading options are decay and time you have to invest (LOT OF IT) to be a good timer.
I am also part of "you guys" , as I also like and trade options. (Tip - BTW, best is not buying options, as nice as that is, but WRITING/selling them. that's how the "big smart boys" already rich get ever richer..)
Thank you very much for your efforts and sharing.
