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How can I calculate the profit and loss based on the contract size of ES futures?

avatarCHI PANG HUANGDec 25, 2021 · 3 years ago3 answers

I'm new to trading ES futures and I'm wondering how to calculate the profit and loss based on the contract size. Can someone explain the process to me?

How can I calculate the profit and loss based on the contract size of ES futures?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Sure! To calculate the profit and loss on ES futures, you need to consider the contract size, price movement, and position. First, determine the contract size of ES futures. Then, calculate the difference between the entry price and exit price. Multiply this difference by the contract size to get the gross profit or loss. Keep in mind that there may be additional fees and commissions that can affect the final result.
  • avatarDec 25, 2021 · 3 years ago
    Calculating profit and loss on ES futures is quite straightforward. You just need to know the contract size, entry price, and exit price. Subtract the entry price from the exit price to get the price difference. Then, multiply this difference by the contract size to get the profit or loss. It's important to note that this calculation doesn't take into account fees and commissions, so make sure to consider those as well.
  • avatarDec 25, 2021 · 3 years ago
    When it comes to calculating the profit and loss on ES futures, it's essential to have a clear understanding of the contract size. You can use the following formula: Profit/Loss = (Exit Price - Entry Price) * Contract Size. This will give you the gross profit or loss. However, keep in mind that there are other factors to consider, such as fees and commissions, which can impact the final result. If you have any specific questions about trading ES futures, feel free to ask!