Re: [amibroker] trading futures

["emp62" <emp62@xxxxxxx>]

thank you.

So in the Symbol inofrmation window I fill in:

Round Lot Size: 1        Margin deposit: 1500
Tick Size:  5        Point value: 20

am I right?  What number do you use for the margin deposit?

thank you,

regards, Ed



  ----- Original Message ----- 
  From: ara1@xxxxxxxxxx 
  To: amibroker@xxxxxxxxxxxxxxx 
  Sent: Friday, July 21, 2006 2:52 PM
  Subject: Re: [amibroker] trading futures


  Point value for NQ is $20.00 - (Tick value = $5.00).

  IB commissions are $2.40

  ----- Original Message -----
  From: emp62 <emp62@xxxxxxx>
  Date: Friday, July 21, 2006 3:11 am
  Subject: [amibroker] trading futures
  To: amibroker@xxxxxxxxxxxxxxx

  > 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