Canola Margin Requirements
I always forget to factor in the margin requirements but I just checked and it looks like the maintenance margin requirements for Canola is $160 per contract.
Canola just went up the last couple days so I only have one contract left so it’s really not going to matter for this one but when you start accumulating a lot of contracts then the margin requirements can make a difference.
I still haven’t been able to get used to the way they take money out of my account and convert it into Canadian dollars, I guess I just need to deal with it or stop trading Canola and Barley.
Canola just went up the last couple days so I only have one contract left so it’s really not going to matter for this one but when you start accumulating a lot of contracts then the margin requirements can make a difference.
I still haven’t been able to get used to the way they take money out of my account and convert it into Canadian dollars, I guess I just need to deal with it or stop trading Canola and Barley.
