Blog · Futures basics
Futures basics
Futures contracts, ticks, point values, sessions and rollover: the mechanics every futures trader needs first.
Tick value: how to calculate P&L in futures
How tick value works in futures: tick size, multiplier, the P&L formula, examples for NQ, ES, CL and their micros, and the conversions that trip people up.
NQ futures explained: tick size, point value, multiplier
NQ futures in plain numbers: tick size, point value and the multiplier behind them, how expiration and the roll work, and when MNQ is the better contract.
