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coding102 t1_jadylyi wrote

Reply to comment by Zero2Hero2MarginCall in Webull policy update regarding Pattern Day Trading. by Present_School_8754

So you trade the Emini or Micro contracts

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Zero2Hero2MarginCall t1_jaei6v2 wrote

The E-mini contracts (/ES) requires a $14,575.00 maintenance requirement per contract.

The Micro E-mini Contracts (/MES) requires a $1,457.50 maintenance requirement per contract.

Trading 1 MES contract is pointless as it's 1/10 of an E-mini /ES contract. A 100 point move in the ES would only make you $500 as the qty. x Tick for the /MES is only $1.25.

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coding102 t1_jaeyinw wrote

What's your point that dangerous margin levels

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Zero2Hero2MarginCall t1_jaeyoy4 wrote

The point is that somebody who cannot afford to fund a $25,000 account to avoid daytrading rules cannot afford to fund a marked to market daily $15,000 futures account.

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coding102 t1_jaeytkx wrote

Trade the damn micro are you not reading?

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Zero2Hero2MarginCall t1_jaez5qz wrote

If you would read my comment you would understand that trading the micros is absolutely pointless because the per tick move is $1.25. It’s not worth the trading fees to make next to nothing on price movement.

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coding102 t1_jaezfb2 wrote

That is absolutely the dumbest comment ever.

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Zero2Hero2MarginCall t1_jaezxhb wrote

This is a gambling sub Reddit. No one here is going to trade 1 MES contract to make only $500 on a 100 point move in the ES. You’re fucking regarded.

Edit: Good, your dumb ass got banned.

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