Playbook 01 · Slide 07 of 10 · Reference · Dollar Value Across All Instruments

What 20 Points Is Worth

20 points means different dollar amounts on different instruments. Choose your instrument based on account size and risk tolerance.

ES (1 contract)

$1,000

$50/point

MES (1 contract)

$100

$5/point

NQ (1 contract)

$400

$20/point

MNQ (1 contract)

$40

$2/point

E-mini S&P 500

$1,000

per 20 pts · 1 contract

$3,000 × 3 contracts

MES

Micro E-mini S&P

$100

per 20 pts · 1 contract

$300 × 3 contracts

E-mini Nasdaq-100

$400

per 20 pts · 1 contract

$1,200 × 3 contracts

MNQ

Micro E-mini NQ

$40

per 20 pts · 1 contract

$120 × 3 contracts

Full Reference Table

Symbol	Contract	$/Point	Avg Daily Range	20 pts · 1 Contract	20 pts · 3 Contracts	Daily Range Value · 1 Contract
ES	E-mini S&P 500	$50	85 pts	$1,000	$3,000	$4,250
MES	Micro E-mini S&P	$5	85 pts	$100	$300	$425
NQ	E-mini Nasdaq-100	$20	500 pts	$400	$1,200	$10,000
MNQ	Micro E-mini NQ	$2	500 pts	$40	$120	$1,000

Note: Micro contracts (MES/MNQ) are ideal for beginners, account builders, and scaling practice. NQ/MNQ traders: 20 points on NQ represents a much smaller % move — adjust expectations and targets accordingly.