The market closed early today due to the 4th of July holiday. That surprised me, but it shouldn't have. http://www.cmegroup.com/tools-information/holiday-calendar/ has links to all the holiday schedules for emini futures trading.
At the close yesterday, I was long one contract. I traded a bit in the overnight market:
Buy 1 1356.50 7/2/2012 5:17:54 PM Entry 2L
Sell 1 1358.50 7/2/2012 7:01:23 PM Exit 1L
Buy 1 1356.50 7/2/2012 11:32:54 PM Entry 2L
Sell 1 1358.50 7/3/2012 2:44:03 AM Exit 1L
Buy 1 1366.50 7/3/2012 9:12:40 AM Entry 2L
Buy 1 1364.75 7/3/2012 9:31:28 AM Entry 3L
Sell 1 1366.75 7/3/2012 9:55:40 AM Exit 2L
Ninjatrader says that I am long 2 contracts with and average cost basis of 1359.07142857143
967.857142857133 PnL
862.50 Realized profit since Sunday
Average price 1359.07142857143
Closing price:
1368.75
(1368.75 - 1359.07142857143) * 2.0 = 19.357142857139934 points
19.357142857139934 * 50 = 967.8571428569967 That explains the PnL
I don't understand why the Ninjatrader Realized profit is so big.
I prefer to think of it this way.
The cost basis for the two contracts I have:
(1358.00 + 1354.50 - 1358.25 + 1356.75 - 1357.50 + 1356.50 - 1358.50 + 1356.50 - 1358.50 + 1366.50 + 1364.75 - 1366.75) / 2.0 = 1357.00
per contract
So, I'm effectively long 2 contracts from 1357.00
The unrealized profit at market close would be 2.0 * (1368.75 - 1357.00) = 23.50 points
23.50 points * $50/point =
23.50 * 50 = $1175.00
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