Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
I was running through some examples on the Futures Financials ( ZB, ZN, ZT, ZF )
using an online Futures calculator.....
Here is where the confusion comes in, and the calculations I got from plugging in these numbers....
ZB calculations:
1. entry at 148.21 and exit at 156.21 = a profit of 8 points ( $8,000 )
2. entry at 148.21 and exit at 156.22 = a profit of 8.03 points ( 48,031.25 )
These two examples I understand.
Here is the one that is throwing me off....
Entry at 148.21 and exit at 156.20 = a profit off 10.09 points ( $10,093.75 )
So all we did was take the 1 off of the 21 from 156.21 , and made it a 0 , and we ended up with a near $2,000 extra profit, from changing just that one number ?
I appreciate any and all help with the math behind the question at hand
Thanks so much - Michael
Can you help answer these questions from other members on NexusFi?
When you see a quote for ZB as "148.21" that means 148 21/32 or converted to 148.656 -- if you sell ZB at "148.21" and exit at "148.01" which means 148 01/32 and converts to 148.031-- then you've earned/profited by $625 or 20 ticks...each tick is 1/32nd
Hi there, sorry to hijack the thread a bit (a lot).
I use market profile and am not 100% sure what the times are that constitute the initial balance for market profile calculations. Anyone got any ideas/know for sure? I would guess it's 9.30-10.30am ET but then it could also be 8.30-10.30am on days when news comes out at 8.30??
Any help is appreciated. ZN works great with 5 day/10 day composite profiles and would like to drill it down to the dailies and that initial balance...
