The Trade is opened when ICE Sugar No.11 Futures are trading at 13.15 (Selling Price) - 13.20 (Buying Price) 1 TICK of Sugar No.11 is 0.01
You think the price is due to FALL Sell Sugar @ $50 per TICK @ 13.15
You think the price is due to RISE Buy Sugar @ $50 per TICK @ 13.20
With PIPTRADE you can choose the US$ value per tick
according to your risk preference. When you trade at $50 per
TICK, your profit or loss will change by $50 every time the
price of ICE Sugar No.11 Futures changes by 1 TICK (or 0.01)
The Trade is closed when ICE Sugar No.11 Futures are trading at 12.37 (Selling Price) - 12.42 (Buying Price)
Sell Sugar @ $50 per TICK @ 12.42
Buy Sugar @ $50 per TICK @ 12.37
Selling Price: 13.15
Buying Price: 12.42
Difference:
(13.15 – 12.42) = 0.73
Your loss on the trade is 73 ticks
Trade Size: $10 per TICK
(0.01 movement)
73 * $50 = $3,650 Profit
Buying Price: 13.20 Selling Price: 12.37
Difference:
(12.37 – 13.20) = -0.83
Your profit on the trade is 83 ticks
Trade Size: $10 per TICK
(0.01 movement)
Soybean meal is a high quality protein filler containing 50% protein. It is also high in energy and is one of the most commonly used protein supplements in North America. It is a palatable feedstuff and may be used as the major protein supplement in rations found in some animal food and cattle feeding.
FALL
