One dow futures contract = $100. For each point the market goes
up you make $1. So it went up 45 points=$45(margin was $100). If
you bought 10 contracts it is $450 profit.
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Indu5, buying of support...
Posted by jasonpuuri on 3rd of Feb 2011 at 03:37 pm
how does this trade add up to a 45% gain? Are you talking pro reated for a year or what 45k in one day what r u talking about?
jassonpuuri, its 45% on a futures trade.
Posted by kobie on 3rd of Feb 2011 at 04:09 pm
One dow futures contract = $100. For each point the market goes up you make $1. So it went up 45 points=$45(margin was $100). If you bought 10 contracts it is $450 profit.