Start with a margin account and trade NOK futures! 🚀
Each day, the exchange rate changes randomly, and daily PnL is added to the total PnL.
For a Long Position (Buy Future) 📈:
dailyPnL = (newExchangeRate - prevExchangeRate) × contractValue
For a Short Position (Short Future) 📉:
dailyPnL = (prevExchangeRate - newExchangeRate) × contractValue
✅ Total PnL Over Time:
The total PnL is updated daily and accumulates previous gains/losses.
Days Until Expiry: 30
Margin Account Balance: 50,000 NOK
NOK/USD Rate: 0.10
Contract Value: 1,000,000 NOK
Daily PnL: 0 NOK
Total PnL: 0 NOK
Your final balance:
Your total gain/loss:
Return on investment: %