The Trade is opened when Dow Jones Futures are trading at 7500 (Selling Price) - 7508 (Buying Price) 1 TICK of Dow Jones is 1 Index Point
You think the price is due to FALL Sell Dow Jones @ $0.50 per TICK @ 7500
You think the price is due to RISE Buy Dow Jones @ $0.50 per TICK @ 7508
With PIPTRADE you can choose the US$ value per tick
according to your risk preference. When you trade at $0.50 per
TICK, your profit or loss will change by $0.50 every time the
price of Dow Jones Futures changes by 1 TICK (or 1)
The Trade is closed when Dow Jones Futures are trading at 7620 (Selling Price) - 7628 (Buying Price)
Sell Dow Jones @ $0.50 per TICK @ 7628
Buy Dow Jones @ $0.50 per TICK @ 7620
Selling Price: 7500
Buying Price: 7628
Difference:
(7500 – 7628) = -128
Your loss on the trade is 128 ticks
Trade Size: $0.50 per TICK
(1 movement)
-128* $0.50 = -$64 Loss
Buying Price: 7508 Selling Price: 7620
Difference:
(7620 – 7508) = 112
Your profit on the trade is 112 ticks
Trade Size: $0.50 per TICK
(1 movement)
The Dow was created as an index to attempt to gauge the performance of the industrial component of America's stock market. It is the longest running US market index.
The Dow Industrial Average is now calculated with 30 of the largest and most widely held public companies in the US. The Dow is one of PIPTRADE most popular indices due to its volatility in recent times.
FALL
