YM = $5 per tick x 310 = $1550

Discussion in 'Index Futures' started by forex-forex, Nov 13, 2007.

  1. I'm new to YM futures and want this confirmed. YM futures are worth $5.00 per tick and todays move of +310 would be a profit of $1550 per contract.
     
  2. Its +342 now. That'd be $1,710 Yep. I have snagged 53 pts of that move. that whole thing would of been nice but I'm not complaining.

    CajunSniper / Puretick.com Administrator-Trader
     
  3. Yeah in Disney World if you bought the absolute low and sold the absolute high...
     
  4. Ok thanks for the replies ........ It looks like YM futures pack a bigger punch than DIA options.
     
  5. BIG time...forget stocks, stock options and trade the emini's...much more leverage!!!my oprionion only
     
  6. lol try spreadbetting.. it makes futures/eminis look like girls' toys.. I can position $100 a point with only $3k. and zero tax!

    p.s. very dangerous and I don't think it's legal in US. not for newbies..