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Can anyone tell me how margin requirements work if you have a bracket order in place? For example, if the margin on a contract is $2000, and I place a buy stop above the current price and a sell stop below it, will I be required to have $4000 margin for both sides, or only $2000 margin? I don't mean using an OCO, but simply a manual stop on each side of the price to catch a breakout.
Thanks!
Can you help answer these questions from other members on NexusFi?
Yes, you have two entry orders in the market simultaneously, so twice the margin. Be smart: a) don't bracket news, b) don't risk more than 1-2% of your account equity on any single trade.
