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Date/Time: Thu, 25 Apr 2024 10:08:13 +0000



Attempting to trade MES having an AMP account

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[2021-10-19 01:00:04]
User552227 - Posts: 1
Good day, I would like to trade MES alone to start with. I have an account with AMP and I want to know which is the most suitable package for me as a non-professional trader.
Saving as much as I can but have the essentials is a priority, but I am open to suggestions I read about the Sierra Chart Direct Futures Order Routing Service
has to offer. I would like to know how that adds up with other packages such as Delani Data feed, and I also read that I can pay as little as possible as a non-professional trader for Data Feed as long as I link a funded AMP account with Sierra Chart.

I also would like to know more about trading futures MES, with only one contract. How can I avoid liquidation. I heard it was 8 pips against and you would get liquidated. What if my balance was $200 but I only bought one contract, how can I manage that. I am sorry if I am not too clear but I would appreciate if you could direct me to a page where they give a similar scenario. Do I get charged for getting liquidated as in MES 8 pips would be $40 worth, and my contract is $40 dollars too. Is there a way to stay in the position, hoping it will turn around. Say it is now -10 pips would that involve then my balance. My AMP account was created so I do not borrow money but trade only with my balance.

Thanks for your time.
[2021-10-19 09:39:41]
Sierra Chart Engineering - Posts: 104368
In the case of AMP, Sierra Chart would work with CQG:
CQG Trading Platform Service

We would recommend using Service Package 10 and paying the market data exchange fee through to us and not through AMP.

For Sierra Chart pricing, refer to this page:
Description of Service Packages and Pricing


Regarding your last paragraph you need to contact your broker about all of that.
Sierra Chart Support - Engineering Level

Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy:
https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation

For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service:
Sierra Chart Teton Futures Order Routing
Date Time Of Last Edit: 2021-10-19 09:40:11

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