How much do futures pay per tick?
Could you please clarify for me, in simple terms, how much money is earned per tick in futures trading? I understand that the value of a tick can vary based on the underlying asset and the contract specifications, but I'm curious about a general overview of how much one might expect to earn with each tick movement. Is there a standard formula or range of values that can be applied across different futures contracts? Thank you for your assistance in helping me understand this important aspect of futures trading.