I’ve recently started trading futures on NT7 demo and have been reviewing the videos on hedging with Nadex spread(Ultimate hedge strategy).
It seems that to properly hedge, one needs to account for the dollar amount per tick assigned per instrument and hedge with the proper # of corresponding nadex spreads for the best risk/reward ratio.
I always have 8 instruments up (CL, GC, NG, SI, ES, TF, YM, NQ) to keep myself busy with clear momentum scalps. I would like to move to trending with futures but am unclear as to the value of each future tick when trading for example with NT Brokerage.
I understand that each tick in nadex is worth $1.00. Is there a reference available for tick value per specific instrument for futures so I can do the math right the first time for hedging with nadex spreads?
In addition, I am finding some success using the DOM in NT7 demo to trade futures. Considering the list of instruments given above, what is the minimum account size that NT Brokerage will allow a live trader to start with?
Please advise.
john1600
