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QG,ZT and ZF ( Position size calculations )


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QG,ZT and ZF ( Position size calculations )

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memphis
 
 
Posts: 25 since Mar 2020
Thanks: 36 given, 5 received

Good Evening,
can someone please help me in coming up with the correct formula/numbers for this Position Size method that I'm using for the following 3 symbols ( QG mini Natural Gas, ZT the 2 year and ZF the 5 year )

I'm assuming a starting account of $5,000 and am risking 3% per trade

For QG:

$5,000 account size x .03% risk per trade = $150 Max risk per trade

QG 1 tick value = $12.50

Entry on the trade at 1.5770
Stop on the trade at 1.5759
( is this 11 Ticks or 11 points )? I know they're are 200 ticks per 1 point for QG

Then the calculation would be ....... $150 divided by ( 11 Ticks x $12.50 ) = 1.09 contract(s)

Rounding down, I could trade 1 contract of QG




for ZT:

$5,000 account size x .03% risk per trade = $150 Max risk per trade

ZT 1 tick value = $15.625

Entry on the trade at 125.02
Stop on the trade at 124.83
( is this 19 Ticks )? I know they're are 128 ticks per 1 point for ZT

Then the calculation would be ....... $150 divided by ( 19 Ticks x $15.625 ) = .50 contract(s) aka 1'2 of a contract

Therefore, I could NOT trade even 1 contract




for ZF:


$5,000 account size x .03% risk per trade = $150 Max risk per trade

ZF 1 tick value = $7.8125

Entry on the trade at 110.20
Stop on the trade at 109.90
( is this 30 Ticks )? I know they're are 128 ticks per 1 point for ZF

Then the calculation would be ....... $150 divided by ( 30 Ticks x $7.8125 ) = .64 contract(s)

Therefore, I could NOT trade even 1 contract - aka this is 2/3 of a contract



I think I'm calculating these correctly, but am not 100% sure, and wanted to get confirmation

Really appreciate the help - Thank you

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futures io Trading Community Traders Hideout Emini and Emicro Index > QG,ZT and ZF ( Position size calculations )


March 21, 2020


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