|
PureBytes Links
Trading Reference Links
|
As some of you know, I trade primarily Forex. I,
however, am spotting some opportunities in
Commodities. Yet, unfamiliar with the costs per
contract, and all the very little details that are so
important, would someone out there have a commodities
/ futures calculator, so I can easily and quickly
calculate a contracts move, in dollar terms?
For instance, I see an opportunity in US bonds. I
don't think in 1/32nds, or what have you. I see
another opportunity in Soybean Oil, and looking at the
margin sheet, trying to calculate it manually is
bogus. I already made a mistake (I am sure of it).
So, that being said, if you have something in EXCEL
you think would be useful for me to look at, you are
welcome to reply, and feel free to include anything as
an attachment to me.
I'd prefer an actual "calculator", not one online.
I'll give you an example of one I used online, I
plugged in the weekly range of a week of Soybeal Oil,
and the range was: 21.76-23.39. Are you with me? And
it told me, that weekly range, equals: $97,800.
For one lot? That has got to be a mistake! ! And if
not a mistake, I would want to ask someone on this
list for a tool so I can make sure I know what I am
doing in regards to risk exposure.
Thank you!
Michelle
|