All 50 reps across NQ, MNQ, Gold & Micro Gold — every answer is walked through line by line: the formula, then your numbers, step by step.
📌 Cheat sheet — keep this open while you practice▾
Contract
1 Tick
Tick = $
1 Point / $1 Move
Point = $
NQ
0.25 pts
$5.00
1.00 pt
$20
MNQ
0.25 pts
$0.50
1.00 pt
$2
GC
0.10
$10.00
$1.00 move
$100
MGC
0.10
$1.00
$1.00 move
$10
The only two formulas you need:
• Dollars from ticks: ticks × tick value = $ P&L
• Ticks in a move: price move ÷ tick size = ticks
Nasdaq (NQ/MNQ) ticks in 0.25 point steps. Gold (GC/MGC) ticks in 0.10 steps.