The Trade is opened when the shares of Apple are trading at 124.00 (Selling Price) - 124.50 (Buying Price) 1 TICK of Apple shares is 0.01
You think the price is due to FALL Sell Apple shares @ $0.50 per TICK @ 124.00
You think the price is due to RISE Buy Apple shares @ $0.50 per TICK @ 124.50
With PIPTRADE you can choose the US$ 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 Apple shares changes by 1 TICK (or 0.01)
The Trade is closed when Apple shares are trading at 128.53 (Selling Price) - 129.03 (Buying Price)
Sell Dow Jones @ $0.50 per TICK @ 129.03
Buy Dow Jones @ $0.50 per TICK @ 128.53
Selling Price: 124.00
Buying Price: 129.03
Difference:
(124.00 – 129.03) = -5.03
Your loss on the trade is 503 ticks
Trade Size: $0.50 per TICK
(0.01 movement)
-503 * $0.50 = -$251.50 Loss
Buying Price: 124.50 Selling Price: 128.53
Difference:
(128.53 – 124.50) = 4.03
Your profit on the trade is 403 ticks
Trade Size: $0.50 per TICK
(0.01 movement)
FALL
