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.
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.
but firms like gcitrading do give $500 margin for 1 lot.