why is it down -830 or so when the avg price (purchase price) is 2569 and last traded is 2655 ?
Is this calculation correct ? - Emini S&P500
- Thread starter traderwald
- Start date
why is it down -830 or so when the avg price (purchase price) is 2569 and last traded is 2655 ?
Looks like your purchase price is 2659, the current price is 2655, and the "-830" is the market change from the last close... and has nothing to do with your position.
That right, or am I missing something?
GET OUT OF THE MARKET UNTIL YOU CAN DO THIS AUTOMATICALLY.
(Or, is this just paper??? PLEASE say it is????)
Early this morning (OP was at 0530hrsET), the market was down over 16 ES points.
At $50 a point, that's your $800 negative.
You Avg. includes commission -- that's why it's got a hanging 5¢.
You put up LAST though -- and the last is just down 4pts. -- which would be a $200 loss.
If you put MARK, and/or hit Refresh on your screen (or, CTRL-F), your numbers would refresh, and get you away from the -16pts.
(Or, is this just paper??? PLEASE say it is????)
Early this morning (OP was at 0530hrsET), the market was down over 16 ES points.
At $50 a point, that's your $800 negative.
You Avg. includes commission -- that's why it's got a hanging 5¢.
You put up LAST though -- and the last is just down 4pts. -- which would be a $200 loss.
If you put MARK, and/or hit Refresh on your screen (or, CTRL-F), your numbers would refresh, and get you away from the -16pts.
How did you get $50 a point? CME website says $12.50 a .25(1/4) point
Thanks for not flaming me. I can't believe I missed that... Wow4 ticks = 1 point
$12.50 * 4 =...... $50.
Easy miss.