Futures contracts have fixed specifications like trading hours, contract size, minimum tick movement, and per tick value.
In trading futures, we are trading on the price movement of the contracts. To calculate the profit and loss, we use:
Number of ticks between buy and sell price x per tick value x number of contracts
For example, we bought 2 lots of E-mini S&P at 950.00 and sold them at 955.00. Our profit will be 5 pts (955 less 950) x Usd 50 x 2 contracts = Usd 500.
: Hi John, I subscribe to a feed provider called Telequote. For data feeds, u can look at the SGX website (delayed) or if you have a trading [...]
: Hi, can I check with you where do you get your data feed for intraday SIMSCI futures? Any free data feeds and charting for SIMSCI futures? Thanks.
: Very interesting and amusing subject. I read with great pleasure.
: Chance upon your website recently, I like your objective comments on the market. Hope you can cover more contracts. Well done!
: your site gives genuine views not like others that only report things that already happened
