I buy 1 month lah
i don't know how to play spread

1 index = RM50

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Added on November 4, 2009, 10:40 pmof course need to pay commission lah
if not the brokers eat what?

This post has been edited by debbieyss: Nov 4 2009, 10:40 PM

so one future contract is RM60k?

you have so much money?

could be LIMIT UP for morning session!!

They had turn their clock an hour late.. just turn your watch/clock an hour late as well.. than all will be ok again

1 contract = RM3500

I don't have so much money
am making more money

if one point = RM 50, then you loss and gain will be capped at 70 points right?

debbie yap, usually people start doing share first before moving to option then only futures..

why you do differently?

Rm3500 just to buy contract, unrealised loss will be on margin call already

why i do differently...good question...i explained many many times in this thread already

There is no cap on gain and loss side, just you will face margin call (to top up for the loss) if the fall below the maintenance margin level.

Rm 3500 (which vary from time to time) is the initial margin one has to put in for owning the contract.

You can lose Rm35K with Rm3500 as starting point. Unlike stock, you put Rm3500, the max you lose is Rm3500, futures is unlimited.

For long side 1240 x 50 = Rm62K max you can lose,
For short, sky is the limit.

This post has been edited by cherroy: Nov 4 2009, 11:18 PM

what happens if I don't top up for the margin call?

Will the loss be limited?

Investment bank will force sell/buy your contract.

while everyone is so confident.. will it turn the other way?

These kinds of derivatives are what got us into this mess in the first place.
Serve no economic purpose whatsoever - should be banned.

This post has been edited by David_Brent: Nov 5 2009, 12:38 AM

i think the better term would be unregulated derivatives are what got us into this mess.

Sure - pure semantics.

But recent history shows beyond a shadow of a doubt that it's only when we realise we are in a mess that we also come to see that unregulated instruments are the root cause.

I'm not a fan of regulation btw!

DJIA +30(0.31%). So KLCI red?

Green because the govt says so.

anybody here thinking of goreng time?

TIME to hop on on fast 1 hour trade.

PN17 - here I come..

Q-ing Q-ing TIME ... anyone ?

good time:)