About MNQ
MNQ is one tenth of NQ: $2 per point and $0.50 per tick. It is the most popular way to trade the Nasdaq with small, precise risk.
Same timing as NQ: the New York open and big-tech earnings.
How to size a MNQ position
Position size = risk in dollars ÷ (stop distance × value per unit). Example on a $100,000 account risking 1% ($1,000) with a 25 points stop: 20 contracts, which risks about $1,000.
The order panel has a built-in risk calculator: enter your % risk and your stop loss and it sizes the position for you.
Which challenge to trade MNQ?
Futures challenge: one evaluation with a 6% target, a trailing drawdown and a maximum number of contracts.
MNQ trading hours
CME Globex: Sunday 23:00 to Friday 22:00 UTC, with a daily maintenance break 22:00–23:00 UTC.