Trade Transaction and Recommendation
Trade transaction looks like this:
What does this information mean to us?
- First, date and time of transaction and name of the futures contract (sugar);
- Second, type of transaction. Sell is a sale of one futures contract (in this transaction it is one contract for sugar);
- Third, selling price for one futures contract;
- Fourth, "Profit" indicates that the transaction was profitable and we made 126 cents on it which made our profit of $1,411.20.
How this transaction would look like on stock exchange chart:
It is important to remember that this transaction has brought us a profit of $1,411.20, which with $10.000 deposit would make a 14.11% profit per month! I think this is a good idea!