How they lost their account !!!

TraderRavi

low risk profile
#11
hey one correction The intraday margin for CL is $1000 not $500. The S&P mini index is $500.
Actually it can vary from broker to broker.

From what I understand nobody trades these markets without SL. not even for a second. The SL goes hand in hand with entry.
They have all kinds of order types/advanced platform easier for people to put trades along with SL/profit.
I googled and found margin for nymex crude oil future is $5060 at present and for day trade $2530 in US.
but firms like gcitrading do give $500 margin for 1 lot.
 

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