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Guest kakakidan

What do you buy on ER2 ... newbie Question

By Guest kakakidan, in Beginners Forum

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Guest kakakidan   

Guest kakakidan
Posted

Hi,

I m totally new to trading. my question is

 

1) What exactly you buy, when you buy 1 contract on ER2 (emini russell) presently at 850.3. i mean crude contract, wheat, rice, etc...

 

2) how much money you need to buy 1 contract on ER2 without any broker leverage.

 

thanx a lot.. its a great forum, good source of information.

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torero    10

torero
Posted

Russell 2000 is a composite of 2000 small companies (similar to the S&P 400 small cap). There is also an index in addition to the emini. You'll need about 3350$ minimum to trade but more if you don't want margin call (nowadays, the platform just exit the trade for you immediately).

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brownsfan019    17

brownsfan019
Posted
Hi,

I m totally new to trading. my question is

 

1) What exactly you buy, when you buy 1 contract on ER2 (emini russell) presently at 850.3. i mean crude contract, wheat, rice, etc...

 

http://www.cme.com/trading/prd/equity/emini-russell2000.html

 

2) how much money you need to buy 1 contract on ER2 without any broker leverage.

 

http://www.cme.com/trading/prd/equity/emini-russell2000_FCS.html

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