Until exit the position every tick up or down

This preview shows page 39 - 43 out of 43 pages.

Until exit the position, every tick up or down represents a change of $12,50 in the value of one contract Total round-turn (in and out) trade costs (all costs) usually runs less than $12,00
Image of page 39

Subscribe to view the full document.

Tick Size If S&P500 moves by 5 points (a 0,18% move) the Profit or Loss will be $250 (3,9%) per contract Typical daily price range is about 20 points (80 ticks) or $1.000 per contract. Of course, if the day is volatile, overall price movement is greater.
Image of page 40