NexusFi: Find Your Edge


Home Menu

 





Sierra Chart Account Monitor Question


Discussion in Sierra Chart

Updated
    1. trending_up 495 views
    2. thumb_up 1 thanks given
    3. group 2 followers
    1. forum 2 posts
    2. attach_file 1 attachments




 
Search this Thread

Sierra Chart Account Monitor Question

  #1 (permalink)
Dagobert
Graz, Austria
 
Posts: 4 since Jan 2023
Thanks Given: 3
Thanks Received: 1

On my Sierra Chart Trade Account Monitor there two Columns - Margin Requirement and Full Margin.
They have following values for 1 MHG Contract.

What's the difference between them and which one is the one to look at, so it does not exceed my cash balance
and have my broker liquiditate all my positions.

Attached Images
 
Reply With Quote

Can you help answer these questions
from other members on NexusFi?
REcommedations for programming help
Sierra Chart
MC PL editor upgrade
MultiCharts
Cheap historycal L1 data for stocks
Stocks and ETFs
NT7 Indicator Script Troubleshooting - Camarilla Pivots
NinjaTrader
use extra computer for optimisation
NinjaTrader
 
  #2 (permalink)
 
CannonTrading's Avatar
 CannonTrading   is a Vendor
 
Posts: 216 since Mar 2013
Thanks Given: 77
Thanks Received: 183

that will depend on the broker behind it.

Full margin is for the overnight. Most brokers offer lower margins for day trading.

You can see our full and day margins over here for example: https://www.e-futures.com/margin-requirements.php

I would contact your broker to make sure.

PM with any questions about Cannon Trading (800) 454-9572 (310) 859-9572. Trading commodity futures, forex and options involves substantial risk of loss. The recommendations contained in this post are of opinion only and do not guarantee any profits. These are risky markets and only risk capital should be used. Past performance is not necessarily indicative of future results.
Follow me on Twitter Reply With Quote
Thanked by:
  #3 (permalink)
Dagobert
Graz, Austria
 
Posts: 4 since Jan 2023
Thanks Given: 3
Thanks Received: 1


Asked my Broker. It's as You said.
MarginRequirement is for daytrading, FullMargin for positions held overnight.
Thank you.

Reply With Quote




Last Updated on March 27, 2023


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts