Welcome, Guest: Join Nairaland / LOGIN! / Trending / Recent / New
Stats: 2,799,102 members, 6,689,016 topics. Date: Sunday, 23 January 2022 at 11:28 PM

How To Calculate Price Moves When Trading Commodities - Education - Nairaland

Nairaland Forum / Nairaland / General / Education / How To Calculate Price Moves When Trading Commodities (146 Views)

Major Mistake We Make When Trading Iq Option ( Binary) / University Of Jos Moves To Permanent Site After 44 Years / How To Calculate LASU Aggregate Score For Admission (2) (3) (4)

(1) (Reply)

How To Calculate Price Moves When Trading Commodities by commodityport: 11:37am On Sep 13, 2018
When trading commodities we calculate their price moves in a measurement called ticks. A tick is therefore the smallest possible price change for any commodity-based instrument and the size of a tick will be unique to each instrument in question.

For example, if an ounce of gold is trading at $1,700.00 and moves to $1,700.01, we say the market moved one tick. If a barrel of crude oil is trading at $90.05 and moves to $90.06, again we say it moved one tick. Therefore for these markets a one tick movement simply refers to a one cent movement in price.

However, other instruments do not move in 1c movements. For example, soft commodities such as wheat, corn and soybeans all move in 25c increments. So let’s say wheat moved from $690.50 per (100) bushel to $690.75 we say it has moved 1 tick.
Read more...https://www.commodity-port.com/blog/index.php/2018/09/10/how-to-calculate-price-moves-when-trading-commodities/

(1) (Reply)

[MUST READ] - Mind Blowing Article About Anxiety In Students / Enroll Project Management Pro + Primavera P6 Training- Port Harcourt / Secure Yiur Admission To Any School Of Yout Chious Click Here!!

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2022 Oluwaseun Osewa. All rights reserved. See How To Advertise. 20
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.