Newbie question please have a look.

[md123]

This may be a silly question but i need to know what does the Change and %change mean on the trading platform. How useful is it?

 

[enragedcow]

wild guess:

change probably means nominal change for example A - B

%change probably means change as a percentage of original for example (A - B)/B.

Change is useful for calculating say a profit on a trade in nominal terms and %change would be useful for calculating a profit margin or ROI type figure

 

[DionysusToast]

This may be a silly question but i need to know what does the Change and %change mean on the trading platform. How useful is it?

Depends. Normally...

Change = change since yesterdays close.
Change since open = change since todays open.

In terms of usefulness, depends what you are doing. Certainly when change comes back to zero you can get a reaction. Also, if total change is exceptional for the day, then day traders will be twitchy about any adverse moves. People will be sitting on good profits and not want to give too much back. In this way pullbacks can turn into reversals...

 

[md123]

Thank you guys really helpful