—
contracts
Enter values above to calculate
Calculate exact contracts for MNQ and NQ futures based on account risk
Enter your account size, the percentage of your account you are willing to risk on this trade, and your stop distance in ticks. The calculator immediately shows the number of contracts you can trade without exceeding your risk limit.
The instrument toggle (under Advanced Options) defaults to MNQ. Switch to NQ if you are sizing a full Nasdaq-100 futures position — the math is identical but the tick value is $5.00 instead of $0.50.
The result updates in real time as you type — no button press required.
Position sizing in futures is a three-step calculation:
The formulas in full:
The calculator uses Math.floor() — not rounding — because rounding up would put you above your target risk. Floor always keeps you at or below it.
The secondary output shows the total position tick value: the dollar gain or loss on the full position for every one-tick move. With 25 MNQ contracts, one tick move = 25 × $0.50 = $12.50.
What is the tick value for MNQ futures?
MNQ (Micro E-mini Nasdaq-100) has a tick size of 0.25 index points and a tick value of $0.50 per contract. The full NQ contract has a tick value of $5.00 per tick.
How many MNQ contracts should I trade?
It depends on your account size and risk tolerance. Most prop firm traders risk 0.5–1% per trade. Use this calculator to find the exact number based on your stop distance.
What's the difference between MNQ and NQ position sizing?
NQ tick value is 10× MNQ ($5 vs $0.50), so you can trade 10 MNQ contracts for approximately the same dollar risk as 1 NQ contract.
Why does this calculator use floor() instead of rounding?
Rounding up would increase your risk above your target percentage. Floor() ensures you never risk more than your specified amount.
Can I use this for prop firm evaluations?
Yes. Most prop firms require strict risk management. Enter your evaluation account size and set risk % to match the firm's daily loss limit rules.