Cost per Tick, making sure I'm.......

[mdsvtr]

right on this. If trade just 1 contract = $12.50 a tick trade 2 contracts = $25 a tick Trdae 3 contracts = $37.50 a tick Trade 4 contracts = $50 a tick These are the right figures correct ? Now, assume I'm trading 4 contracts, I have TWO seperate Profit targets, the First one is for +2 ticks and the Second target is for +4 ticks, soooo My first target of +2 ticks trading 4 Contracts = $100 right ? and then my second target of 4 ticks = $100 right ?? Just need help clarifying this as I've been confused ? Thx - Mike

[NinjaTrader_RyanM1]

Hello Mdsvtr,

If you have two profit targets that means you are splitting up your four contracts into two contracts each?

If so, the following PnL should be expected:

2 (ticks) * $12.50 (price per tick) * 2 (Contracts) = $50
4 (ticks) * $12.50 (price per tick) * 2 (Contracts) = $100