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Replies to #572 on Snack info board
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Outlaw

01/11/11 6:00 PM

#573 RE: Jedi RDHLightHelmet #572

"So I wouldn't be able to do spreads "

Im sure that LD will tutor you privately if you go to Florida!

Better save your money for that!
jmoimowthdik
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Lord DarkHelmet

01/11/11 6:26 PM

#575 RE: Jedi RDHLightHelmet #572

Exactly.

Once you get money in your account as "free cash", you use that as your margin requirement. I used $10k as an example, but if you only had $1k in cash, then you buy only 1 contract, not 10. It is still an 8.5% return.