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Re: cottonmather post# 484

Friday, 03/05/2021 11:05:22 AM

Friday, March 05, 2021 11:05:22 AM

Post# of 834
Two asked how you make money in this vehicle. This particular chart is the S&P500 March 2021 emini contract. Flat out its paper value is around $39k per contract. There are different margin requirements per broker. Each single point value is $50 per contract. You setup 1 contract wide that is $50 for each point captured. If you setup 10 contracts wide that $500 for each point captured. I usually do between 8 and 13 wide. So, within that configuration you can make or lose a lot of money very quickly.

One very important note: When you trade, not invest, there are many obstacles and challenges. The greatest is yourself. If you ever wanna talk about that end of it, let me know.

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