if you trade e-micro, the price is 1/10 that

left circle tells you that this future moves in 1/4 tick increments. each 1/4 tick is $12.50 of movement. the multiplier of 50 is 50*notional value, or in this case, the future would be controlling $143k of underlying value (and if you wait the full 60 days for settlement, if that ended up being the notional value, that's how much you'd pay to buy it).

therefore, you see on the right that there is a 13.2k initial margin requirement

but my goal is not to hold the futures. i will get in and get out. and i am only going to trade around the opens. but if you hold until EOD, you will be marked to market, which means you will have to meet the margin maintenance requirements. so just don't be a bag holder at EOD

and like i said, this is at TDA. there are other brokers that i believe let you trade these with much smaller accounts

but you want to know what TDA and IB can offer you that most brokers can't? settlement margin on IRA/Roth IRA trading. so you can day trade your retirement accounts for big gains

it's an american thing so you'll need to get your IRA up to 25+k first before you can do more than 3 round-trips per 5-day rolling week, but you get the picture

most brokers do not offer settlement margin on retirement accounts. that's a big bonus of those brokers

i guess we should have a trading channel setup in here. at least you and i like this topic. what do you think @Knordox ?

Yea I can make one

Made it

The best server owner

Shit I wish.

Nah bro, you’re my favorite

same

Knordox = perfect

Well just know I appreciate all of y’all for y’all being here means a lot to me!

Awww, this is just a big ole respect circle

Yessire! You’re the youngest person here btw but you’re mature enough for us to like you so I like you.

Child soldiers ftw

Hell yeah beother

I’m a teenager, it’s not like I’m 12 or something

Yea but we had some youngins in here who were blatantly retarded

Ah, I try to act as mature as I can but sometimes I go on tangents

I feel that

I’m 17 so

Yeah, I feel like this platform is just really natural for me

Tired of being a sheep to the government

Definitely

Yessire

I’m so ready for the big igloo

Same

Not yet

Pls

Lemme get my shit here. If they didn’t shut shit down over corona I’d have it

>only weapon is pellet rifle
>i'm so ready for the boogaloo!

i would hold off on wanting a boogaloo until you can keep yourself and your family from getting yeeted in a boog

Who only has a pellet rifle?

That my only weapon, my dad and grandfather are both stacked

The pellet rifle is the only one that I personally own

Can you get those weapons easy? And the ammo? If not don’t count on em.

Pellet rifle ain’t bad