Futures FAQs
5 docs
What are Futures and how do they work?
Last Updated: May 21, 2025Futures are standardized contracts to buy or sell an asset—such as a stock index, currency, or commodity—at a set price on a future date. These contracts are leveraged, meaning traders can control large positions with relatively small amounts of capital through margin. At PropShopTrader, all trading on both Warrior and Gladiator accounts takes place in...
What is the difference between E-mini and micro contracts?
Last Updated: November 21, 2024E-mini (or mini) contracts are the larger version of futures contracts for an underlying asset. For example, trading the E-mini futures on the S&P 500 index uses ticker ES, with a tick size of 0.25 and a tick value of $12.50. This means a 1-point move in ES equals $50 per contract. Micro contracts, on...
Why must Futures positions be closed near the End of Day (EOD)?
Last Updated: December 13, 2024Futures positions must be closed near the end of each session due to increased overnight margin requirements. PropShopTrader does not support holding these higher-margin positions overnight. However, traders can resume trading when the Globex system reopens at 6 PM ET. PropShopTrader permits day trading only, with specific trading times as follows: Note: All PST positions...
How do I gain exposure to different markets through Futures?
Last Updated: November 21, 2024Futures trading offers the opportunity to trade a variety of asset classes using a single type of instrument. For instance, if you want to trade US Equities with leverage, you can trade futures contracts such as ES, NQ, RTY, or YM, or their micro versions MES, MNQ, M2K, and MYM. These tickers represent the following...
How can I become a better Futures trader?
Last Updated: July 27, 2025One of our preferred partners Tickblaze offers extensive futures education and we also provide live trading sessions for members. If you are interested then please visit https://tickblaze.com/ or email customer support for more information.