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hi,
am am testing some systems on futures (have experience with stocks only) and I want to check if my settings are set up properly for trading NQ E-mini Nasdaq 100 futures at Interactive Brokers.
For trading 10 contracts I add into my system:
NumContracts = 10; 
PositionSize = NumContracts * MarginDeposit; 
Further: 
tick size = 0.25
Point value = 12.5$ / 0.25 = 50
Margin deposit ??  Do I need to get this number from IB? I find a list here:
http://www.interactivebrokers.com/en/trading/marginRequirements/margin_amer..php
what do I use? 1500?
Commision I use 1.65$ per contract.
if somebody could check the setup I would appreciate,
thanks, Ed
 
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