Question: Ch. 22 Futures Extra credit assignment (optional): If completed, this assignment will be worth 5 point (5%) towards your course assessment Time period covered: Wednesday
Ch. 22 Futures Extra credit assignment (optional): If completed, this assignment will be worth 5 point (5%) towards your course assessment Time period covered: Wednesday December 1, 2021 to Monday December 6, 2021 Trading challenge (futures): Select up to 3 contracts (1-3 acceptable). Denote official contract ticker. Note weightings (100% I contract, 50/50 spread across 2 positions, 1/3, 1/3, 1/3 across 3). Note long or short Brief description of rationale for position (technical analysis, aka charting, fundamental analysis) Contract #1 Contract #2 Contract #3 Account size CS100,000 (initial and maintenance margin). Based on your responses, I will size the # of futures contracts based on margin requirements over the Wedn. Monday time frame. Best S performance wins. Please also note both Stop loss (SL) and take profit (TP) levels in either absolute or bp terms for each selection. Example: 50% Short Es futures (front contract Dec. 17, 2021) at closing price of Wedn. Cash session (e.g. 4670). SP 4675, TP 4650 50% long CL (light sweet crude oil) Jan 2022 contract $70.90. SP 68.75 TP $75.00 Ch. 22 Futures Extra credit assignment (optional): If completed, this assignment will be worth 5 point (5%) towards your course assessment Time period covered: Wednesday December 1, 2021 to Monday December 6, 2021 Trading challenge (futures): Select up to 3 contracts (1-3 acceptable). Denote official contract ticker. Note weightings (100% I contract, 50/50 spread across 2 positions, 1/3, 1/3, 1/3 across 3). Note long or short Brief description of rationale for position (technical analysis, aka charting, fundamental analysis) Contract #1 Contract #2 Contract #3 Account size CS100,000 (initial and maintenance margin). Based on your responses, I will size the # of futures contracts based on margin requirements over the Wedn. Monday time frame. Best S performance wins. Please also note both Stop loss (SL) and take profit (TP) levels in either absolute or bp terms for each selection. Example: 50% Short Es futures (front contract Dec. 17, 2021) at closing price of Wedn. Cash session (e.g. 4670). SP 4675, TP 4650 50% long CL (light sweet crude oil) Jan 2022 contract $70.90. SP 68.75 TP $75.00
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