The New CS Board

[kbuilder]

Thank you for the trading advice. What i need to learn is the transaction experience with emini.
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For instance, if trading stocks, i know how to do it:
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1. Have money in Broker Margin Account, $25000.00 minimum for daytrades.
2. Decide which stock to buy or short and how many shares.
3. Go to the "Place order" box and fill it in.
4. I can hold the position as long as i want to.
5. As long as i do not use any borrowed funds there will be no margin calls.
6. To sell or cover the position go to the order box and fill it in to sell.
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Now, if I wanted to buy a contract of ES, what is the step by step process?
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Also, what is the risk in the transaction as compared to trading stocks or ETF's?
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Do I have to worry about expiration dates, like options?
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Can i fill in the order right on the same Snap Ticket as i do stocks?
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How much is one contract of ES?

How do I calculate what my position is worth? Thanks for your time, and good trades !