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Friday, July 22, 2011
Simple math:
10 contracts at .35 equals $350, cash out 10 contracts at 3.00 = $3K
Traders math:
100 contracts at .35 equals $3,500, cash out 100 contracts at 3.00 = $30,000
100 contracts at .35 equals $3.5K, cash out 100 contracts at 5.00 = $50,000
You would need to minus your brokerage firm commission...All in a days work if you were on the right side of the trade.
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