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 NASDAQ 100 is a stock market index of 100 of the largest domestic and international non-financial companies listed on the NASDAQ stock exchange. It is a modified market value-weighted index. The company's weights on this index are completely based on their market capitalisation, with certain rules capping the influence of the largest components.
This index does not include any financial companies on its listings and also holds companies from outside of the US, which makes this stock market index different from both the SPI and the DOW.