$E-mini NASDAQ 100 Futures(DEC4) (NQmain.US)$ buy at every d...
$E-mini NASDAQ 100 Futures(DEC4) (NQmain.US)$ buy at every dips for free money
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103176462 : When we buy 1 unit in Index Futures, each point movement in the index (futures) will give us $ 1 ??
I see the margin required to buy 1 lot is around USD 28500 !!
please clarify.. thanks
SmartInvestor19-99 OP : Depends on the type of future contract. Pls read the details before u short o long
Warren Buffed : You change direction again... Lol
MooSting 103176462 : The emini NQ is a leverage product . 1 point move is equal to $20. If the index move 20 point then you either gain or lose $400. You need to have $21780 margin to hold 1 lot overnight . If your margin fall by $2000 you have to top up maintain your holding overnight or risk force closing.
Normally the emini NQ is for day trading. To try out you can trade the micro MNQ first. 1 point move of micro is just $2.
103176462 : Great.. thanks a lot for the information. I couldn't find so detailed explanation in Moomoo help also !! thanks again
103176462 : MNQ is same index as NQ.. but with small lot size it seems.. is my understanding correct??
MooSting 103176462 : It is the same index only the leverage is lower. You just need $2178 to trade 1 lot if you hold overnight. Take note the expiry date of the contract.
103176462 MooSting : Noted, thank you
103176462 : Hi.. I just observed.. when I open any Option of either MNQ or NQ, I don't get the "Trade" button. What could be the reason??