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Futures Beginner Asks for Resources
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Futures Beginner Asks for Resources

  #11 (permalink)
Elite Member
Denver
 
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TraderJesse's Avatar
 
Posts: 83 since Aug 2009
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Futures Risk Spreedsheet

Here is a simple xcel spreedsheet that you can use to calculate your risk/reward and risk per contract. Just enter symbol, entry, stop, and target. To modify the formulas if needed the sheet password is 1234.

Some of the values look unrealistic and that's correct, just test input to make sure the math was correct, just never cleared the cells.

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  #12 (permalink)
Just starting out...
Anderson IN usa
 
Futures Experience: Intermediate
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Favorite Futures: ES, EUR/USD
 
Posts: 16 since Aug 2009
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contract cost

This helps so much! Thank you


TraderJesse View Post
Here is a simple xcel spreedsheet that you can use to calculate your risk/reward and risk per contract. Just enter symbol, entry, stop, and target. To modify the formulas if needed the sheet password is 1234.

Some of the values look unrealistic and that's correct, just test input to make sure the math was correct, just never cleared the cells.

Please register on futures.io to view futures trading content such as post attachment(s), image(s), and screenshot(s).


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  #13 (permalink)
Just starting out...
Anderson IN usa
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Zen-Fire
Favorite Futures: ES, EUR/USD
 
Posts: 16 since Aug 2009
Thanks: 2 given, 3 received

more infor - see attached spreadsheet


Let me see if I understand. For ES for instance
ESE-mini S&P 5000.250000$50.00$5.00

if I see .2500 as the tick size I need to devide by 1 to find out it takes 4 ticks to = one contract. and it the cost for .25 is $5. then that means for a contract to move one point for ES the cost or profit would be $5 x 4 = $20 per contract to move 1 point. Correct.

See attached speadsheet. - let me know if my added columns are correct.



TraderJesse View Post
Here is a simple xcel spreedsheet that you can use to calculate your risk/reward and risk per contract. Just enter symbol, entry, stop, and target. To modify the formulas if needed the sheet password is 1234.


Attached Files
Register to download File Type: xls futuresWorksheet.xls (39.0 KB, 40 views)
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  #14 (permalink)
Elite Member
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Posts: 83 since Aug 2009
Thanks: 50 given, 89 received

alpine4133


Some how it looks like you got the Futures List resorted with but not all values were sorted with the symbol correctly. From the original spreedsheet.

Original
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The one you uploaded
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The orignal sheet shows $12.50 Tick Amount which is correct for ES.

Your modified version shows $5.00 Tick Amount which is incorrect for ES.


Example ES

Riskpoints/tick size=ticks per risk * tick amount = risk per contract

4 point risk
4/.25 = 16 * $12.50 = $200.00

1 point risk
1/.25 = 4 * $12.50 = $50.00

The risk sheet does a lookup from the list sheet keyed off the symbol, so if the list sheet is sorted incorrectly, the risk sheet will be wrong.

Risk sheet from original

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Sheet with same values in your modified version

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Last edited by TraderJesse; September 13th, 2009 at 06:35 PM. Reason: Addition
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  #15 (permalink)
Just starting out...
Anderson IN usa
 
Futures Experience: Intermediate
Platform: NinjaTrader
Broker/Data: Zen-Fire
Favorite Futures: ES, EUR/USD
 
Posts: 16 since Aug 2009
Thanks: 2 given, 3 received

Now I know why it will not sort.

OK, here is one sorted with the cost per 1 contract. Does it look right?


TraderJesse View Post
alpine4133


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  #16 (permalink)
Just starting out...
fort worth, tx usa
 
Futures Experience: Intermediate
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Posts: 5 since Dec 2009
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trading books

i am a member of a trading room and i see a lot of posts on a must read book (trading in the zone) i plan on doing an internet search of the book and you may want to also. sorry i dont have any more info than that on the author.

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