Hi everyone, my first post here so please go easy!
I’m currently paper trading (Sim 1 account on Multicharts) ES with one contract.
On one trade yesterday I bought at 1,547.50 and closed at 1,548.75. To me this is 5 ticks at $12.50 per tick, a return of $67.50.
However my demo account was only credited with $25!
Coming from a Forex spot market background I may be missing something but can anyone please explain the discrepancy here as I am baffled.
The only thing I could think of was something to do with the spread but even then I couldn’t see how there would be such a difference in my return.