What is the tick value for NG futures in the cryptocurrency market?

3 answers

• Nov 27, 2021 · 3 years ago
  The tick value for NG futures in the cryptocurrency market refers to the minimum price movement of the contract. It represents the smallest increment by which the price can change. For example, if the tick value is $0.01, then the price can only change in increments of $0.01. This is important for traders as it determines the profit or loss on each trade. A smaller tick value allows for more precise trading, while a larger tick value may require larger price movements to make a profit.
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• Nov 27, 2021 · 3 years ago
  The tick value for NG futures in the cryptocurrency market is an essential factor to consider when trading. It represents the monetary value of each tick or price movement. For example, if the tick value is $10, then each tick represents a $10 change in the price of the NG futures contract. Traders need to be aware of the tick value as it affects their risk management and profit potential. A smaller tick value means smaller price movements can result in significant profits or losses.
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• Nov 27, 2021 · 3 years ago
  The tick value for NG futures in the cryptocurrency market can vary depending on the exchange or platform you are trading on. For example, on BYDFi, the tick value for NG futures is $10. This means that each tick represents a $10 change in the price of the contract. It's important to check the tick value on the specific exchange or platform you are using, as it can differ from one platform to another. Understanding the tick value is crucial for effective risk management and trade execution.
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