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  • Big points?

    Can anyone tell me what "Big Points value" and "Minimum Move" are?

    I'm using dyna order and can't seem to figure these things out. I placed a support request and I anticipate they'll get back to me soon, but in the meantime I have some work to do and would appreciate any input re this.

    Thanks

    Dennis

  • #2
    Dennis
    I believe Big Point Value is the value in currency for a full point (ie handle) move. Minimum Move is the size of the minimum tick.
    For example for ES they would be 50 and 25 respectively (the latter on a Price Scale of 1/100)
    Alex

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    • #3
      Alex,

      Thanks. Just after I posted this and PM's you I Figured it out. So I put in 0.000001 as the min move value and 1 for the big points for trading regular stocks. I guess 1 cent is 100000/th of a big point or something. Anyway it seems to work out.

      Thanks Again.

      Dennis

      BTW, wish me luck, y'all. I'm trading live tommorrow. Small blocks to work out the bugs.

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