FTSE Beater
Experienced member
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Hi All
Looking through MRCI. I saw this chart for the coming month.
Looks like a breakout trade above the 0 level. So let's do a proper paper trade on this.
Entry price based on using Gold method of trading on close:3210 - 3212 = -2 I presume ESignal mean 321.25 than .2
Initial Margin:$269
Maint. Margin:$225
No of contracts to trade:1
Stop loss:-15
$ per point$50
Value at risk:$737.50
Is this correct and is there anything I've missed out?
It would be great to follow this trade and see how it goes.![Cool :cool: :cool:](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
Looking through MRCI. I saw this chart for the coming month.
![KWN5WN5060405.png](/proxy.php?image=http%3A%2F%2Fwww.ftsebeater.com%2FKWN5WN5060405.png&hash=1bc3a2aeb16f65490e97304ffd33ba49)
Looks like a breakout trade above the 0 level. So let's do a proper paper trade on this.
Entry price based on using Gold method of trading on close:3210 - 3212 = -2 I presume ESignal mean 321.25 than .2
Initial Margin:$269
Maint. Margin:$225
No of contracts to trade:1
Stop loss:-15
$ per point$50
Value at risk:$737.50
Is this correct and is there anything I've missed out?
It would be great to follow this trade and see how it goes.