About RTY
RTY tracks US small caps through the Russell 2000. Each point is worth $50 per contract with 0.1-point ticks ($5). It is more sensitive to interest rates than the large-cap indices.
The New York open and rate-sensitive data (CPI, Fed).
How to size a RTY position
Position size = risk in dollars ÷ (stop distance × value per unit). Example on a $100,000 account risking 1% ($1,000) with a 5 points stop: 4 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 RTY?
Futures challenge: one evaluation with a 6% target, a trailing drawdown and a maximum number of contracts.
RTY trading hours
CME Globex: Sunday 23:00 to Friday 22:00 UTC, with a daily maintenance break 22:00–23:00 UTC.