How the MNQ lot size is calculated
Position size = risk in dollars ÷ (stop distance × value per unit). On MNQ, one tick is worth $0.50 per contract, so a 25 points stop costs $50.00 per contract. $250 ÷ $50.00 = 5 contracts (rounded down to the 1 step).
Spread and commission add a little to the real cost of each trade, so many traders round down further.
The $25K rules in MNQ points
Rules are set in dollars, but you watch the MNQ chart. This is how far price can move against a 5-contract position before each limit is reached:
- Futures: target $1,500 (150 points), daily loss $750 (75 points), max loss $1,500 trailing (150 points), all with 5 contracts.
- At 1% risk per trade it takes 3 losing trades in a single day to hit the Futures daily limit.
Maximum MNQ position size on $25K
Futures: up to 3 contracts
When MNQ moves most
Same timing as NQ: the New York open and big-tech earnings. Size down around those moments: wider swings mean a wider stop, and a wider stop with the same risk means fewer contracts.