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How Do I Calculate My PnL on Futures?

Learn how profit and loss is calculated on futures contracts, with tick values for the main MILTRADERS instruments.

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Written by MILTRADERS Team

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.

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