Basic knowledge of contract:
Jump: The contract price will go up and down. The smallest unit of change is called "jump". This is very similar to the steps on the stairs. Steps are the smallest change unit of stairs, while "jumping" is the smallest change unit of contracts.
Minimum jump: the minimum value of contract price fluctuation, that is, the size of each "jump". You can think of it as the height of the stairs. The minimum jump of Bitcoin and Litecoin contracts is 0.0 1 USD, which means that every price change is at least 0.0 1 USD. For commodity traders, the jumping dollar symbol or any other symbol is meaningless. Just like climbing stairs, you only care about the number of steps, not the height of each step. What's more, the minimum jump point of each contract is set in advance, and market participants can't change it, so no one will care. Only when choosing the trading market, the minimum jump point is worth studying. Once the transaction starts, don't worry.
Minimum jump value: the total profit or total loss brought to traders by each "jump" of contract price change. In the bitcoin contract, the representative unit of the jump value is bitcoin; In the Litecoin contract, the unit of jump value is Litecoin. Different from the minimum jump, the size of the minimum jump can be changed by traders, so pay attention to the minimum jump. Traders start trading by opening positions. After opening a position, every time the contract price rises or falls, the trader will profit or lose from it. Traders can adjust the minimum jump value by changing the position size (open position). Establishing a larger cryptocurrency (bitcoin or Litecoin) position means a larger minimum jump value. Once the position is established, the minimum jump value is fixed no matter how the current dollar price changes. At this point, traders can simply calculate the current profit and loss with positions by counting the number of jumps. Calculation formula: profit and loss (profit and loss) = minimum jump value x times of position jump change. For example, the difference between the latest price and the position price is 3.2 1 USD, because the minimum jump is 0.0 1 USD, so the position change number is 3.2 1/0.0 1 jump. Profit and loss = minimum jump value x32 1.
Tips: The above information is for reference only. Investment is risky, so be cautious when entering the market.
Reply time: 202 1- 12-29. Please refer to the latest business changes announced by Ping An Bank in official website.