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

IB commissions are $2.40



----- Original Message -----
From: emp62 <[EMAIL PROTECTED]>
Date: Friday, July 21, 2006 3:11 am
Subject: [amibroker] trading futures
To: [email protected]

> 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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