Start up capital

Roxanna

Newbie
Messages
4
Likes
0
Here's another question I hope someone can assist me in: I want to pattern my trading just like Shiraz' - but how much captial do I need to trade these four index's that he does without having to borrow (margin) and such? Can someone explain this to me more thoroughly? Will I need the exact amount in my account i.e. if the Dow is at 8900 - will I need $89,000 in my account to start trading just the Dow index? - or just 5 percent if I'm trading through etrade.com - or ???? Please forgive my ignorance. Thank you.
 
Top