Free course

Futures Day Trading: NQ and MNQ

A free, plain-English course on how Nasdaq-100 futures work: contract specs, tick math, trading hours, margin, rollover and news days.

  • Lessons
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Lessons

  1. What a futures contract isLearn what a futures contract really is, why index futures settle in cash, and why so many day traders choose them over stocks. 3 min
  2. NQ and MNQ: the Nasdaq-100 contractsWhat the Nasdaq-100 is, how the NQ and MNQ contracts are built, and why the micro contract suits small accounts and learning. 2 min
  3. Ticks, points and dollarsHow to turn ticks and points into dollars on MNQ, NQ, MES and ES, with worked examples for converting a stop into real money. 3 min
  4. Trading hours and sessionsWhen NQ and MNQ trade, how the Asia, London and New York sessions differ, and why the 9:30 a.m. ET open is the busiest time. 4 min
  5. Margin and leverageHow futures margin works, why day-trading margins differ from exchange margins, and how leverage lets you lose more than you deposit. 3 min
  6. Contract months, rollover and news daysHow NQ contract months and codes work, when traders roll to the next contract, and why big news releases make spreads and slippage worse. 3 min

All courses · Education only, not advice. Trading carries a substantial risk of loss. Full disclosures.