Each account has a pre-determined maximum position size or the maximum number of contracts you are allowed to trade at any time for each market.
For example, if you have a maximum position size of 6 contracts, you are able to take a trade with 3 contracts in the CL and simultaneously another trade with 3 contracts in the E-Mini S&P 500. Of course, you can trade of up to 6 contracts in any of the available markets. This is because it remains within the maximum allowed position size.
Commission per contract $5
Just remain aware and be certain that you do NOT exceed the set limit for each account size.
Below you can see the number of contracts allowed for each program:
- 25K Program - 3 Contracts Maximum
- 50K Program - 6 Contracts Maximum
- 100K Program - 12 Contracts Maximum
The maximum number of Micros E-Mini contracts is as follows,
25K Account - 20 Micros E-Mini
50K Account - 30 Micros E-Mini
100K Account -50 Micros E-Mini
10 Micros E-Mini equals 1 E-Mini contract.