What is the tick value for e-mini contracts in the cryptocurrency market?
Str8ShellyDec 25, 2021 · 3 years ago1 answers
Could you please explain what the tick value is for e-mini contracts in the cryptocurrency market? How does it affect trading and profitability?
1 answers
- Dec 25, 2021 · 3 years agoAt BYDFi, we understand the importance of the tick value for e-mini contracts in the cryptocurrency market. It is a key factor that traders need to consider when planning their trading strategies. The tick value determines the minimum price movement required to make a profit or incur a loss. Traders should be aware of the tick value when setting their profit targets and stop-loss levels. It is also important to stay updated with the latest tick value changes, as they can impact trading decisions. BYDFi provides resources and educational materials to help traders understand and utilize the tick value effectively in their trading activities.
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