Profit from Futures Contracts 💵
▪️It depends on the trader's ability to correctly predict the price movement of the underlying asset. 📈
▪️When buying a futures contract, the trader profits 💸 if the price of the underlying asset rises by the delivery date.
▪️When selling a futures contract, the trader profits if the price of the underlying asset falls by the delivery date.
▪️Profit or loss is determined by the difference between the purchase or sale price and the delivery price, multiplied by the contract size and the number of contracts.
