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What are "points"?


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What are "points"?

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  #11 (permalink)
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EDGE View Post
Guess my source is only what I think I know. And that aint much! I've never traded bonds or eurex and it's quite possible I'm looking at it all wrong. But without further research on my part, from what TS shows me. I'd have the opionion that US 30 yr (US) bonds trade in 1/32nds for a min move (approx .0313). so if it went from 119 6/32, which is what I show it last at, to 120 6/32 first thing Mon. I'd consider that a full dollar/point. 32 32nds times a 31.25 min$ move (tk value) = $1000 big point. Big Point, Point, all same thing to me. Guess it's just the way I look at things to make it easier for myself. If I'm wrong in the way I'm looking at things, Please Correct Me!


Thinking that all markets moves in dollars makes as much sense as saying when the temperature go from 50 to 51, that it went up a dollar.

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  #12 (permalink)
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thatguy View Post
Thinking that all markets moves in dollars makes as much sense as saying when the temperature go from 50 to 51, that it went up a dollar.

And when it goes back down to 50, it went down a Euro?

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  #13 (permalink)
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Fat Tails View Post
And when it goes back down to 50, it went down a Euro?

I think that would depends on how many dollars/hour the wind is blowing.

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  #14 (permalink)
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thatguy View Post
Thinking that all markets moves in dollars makes as much sense as saying when the temperature go from 50 to 51, that it went up a dollar.


Sounds like the YM to me, and youíre up 5 bucks for that point/degree. But if one were to put more worth or value in smaller increments, such as a science experiment, where you might be interested in the effects of each tenth of a degree, and you associated a value to that incremental movement (say 5 bucks). Well then going from 50.0 to 50.1 all the way to 51, has a totally different meaning (worth). Hey, now youíre up 50 bucks for that point. Changing the increment (min move) and associating a value to that (min$ move) ultimately DETERMINES the Big Point Value.

But whatever, Iím not here to bicker. Itís just how I look at it, right or wrong. Although again, if Iím totally off base here, and someone can constructively explain how I should change my thoughts, Iíd be more than willing to listen! I only replied to this thinking I could help, apparently I was wrong, and I will stop!

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  #15 (permalink)
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Hmm.. the Op's inquiry seems to have morphed into quite a thread.

Wouldn't it be interesting if Haverchuck was correct and the Op only wanted to know how each member achieved level and points based upon postings and activity and really wanted to learn if those "points" had some real value and how to go about accessing that value .

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  #16 (permalink)
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randyjb View Post
Hmm.. the Op's inquiry seems to have morphed into quite a thread.

Wouldn't it be interesting if Haverchuck was correct and the Op only wanted to know how each member achieved level and points based upon postings and activity and really wanted to learn if those "points" had some real value and how to go about accessing that value .




This entire thread is pointless!

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  #17 (permalink)
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tigertrader View Post


This entire thread is pointless!

I think you might have a point.

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  #18 (permalink)
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Thanks to the information you have provided, and thanks for your responses!! I should have know more about points. Thanks once again!!!

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  #19 (permalink)
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Let me point out that Fat Tails is pointing in the right direction, in my point of view.

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  #20 (permalink)
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eDanny View Post
Let me point out that Fat Tails is pointing in the right direction, in my point of view.

your point is very pointed and right on point.

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May 18, 2011


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