I made $3k in this week here are some tips for you.
Calculating profits or losses in future trading requires careful consideration of essential factors:
Contract Size: This denotes the quantity of the underlying asset represented by each futures contract, e.g., 100 grams of gold.
Tick Size: The minimum increment by which prices can move, often specified in smaller units, like 1 per gram.
Entry and Exit Prices: These signify the prices at which you initiated and concluded your futures position.
Number of Contracts: The quantity of futures contracts you traded.