PnL on futures is calculated using the formula: PnL = (Exit Price - Entry Price) Γ Tick Value Γ Number of Ticks per Point Γ Contracts.
Each futures contract has a specific tick size and tick value. Here are the main instruments available on MILTRADERS:
ES (S&P 500): Mini tick = $12.50 / Micro tick = $1.25
NQ (Nasdaq 100): Mini tick = $5.00 / Micro tick = $0.50
YM (Dow Jones): Mini tick = $5.00 / Micro tick = $0.50
RTY (Russell 2000): Mini tick = $5.00 / Micro tick = $0.50
CL (Crude Oil): Mini tick = $10.00 / Micro tick = $1.00
GC (Gold): Mini tick = $10.00 / Micro tick = $1.00
SI (Silver): Mini tick = $25.00 / Micro tick = $5.00
NG (Natural Gas): Mini tick = $10.00 / Micro tick = $1.00
Example: If you buy 1 Mini ES at 4500.00 and sell at 4505.00, you gain 5 points = 20 ticks Γ $12.50 = $250 profit (before commissions).
Volumetrica displays your live PnL in real time on the platform, so you can monitor your performance trade by trade.
