AppId is over the quota
Each day trading market has a different tick size (the smallest increment that the price can move), and tick value (the amount of money per tick size). The higher the tick value, the more money is made or lost with each price movement, so beginning day traders need to trade markets that have low to medium tick values.
Some popular day trading markets that have tick sizes and tick values low enough for beginning day traders are :
Currency Futures
EUR - The Euro futures market has a tick value of $12.50 GBP - The British Pound futures market has a tick value of $6.25Stock Index Futures
YM - The Dow Jones futures market has a tick value of $5.00 ES - The S&P 500 futures market has a tick value of $12.50 ER2 - The Russell 2000 futures market has a tick value of $10.00 CAC40 - The CAC40 futures market has a tick value of 5.00 EUR HSI - The Hang Seng futures market has a tick value of 50.00 HKDCommodity Futures
ZG - The Gold 100 troy ounce futures market has a tick value of $10.00 ZI - The Silver 5000 ounce futures market has a tick value of $5.00Agricultural Futures
ZC- The corn futures market has a tick value of $12.50 ZW- The wheat futures market has a tick value of $12.50One popular futures market that is missing from the above list is the DAX (The DAX futures market). This is because the DAX has a tick value of 12.50 EUR, so it is one of the highest tick value markets, and is therefore not suitable for beginning day traders.
No comments:
Post a Comment