Cryptocurrency Q&A
What is 1 point worth on MNQ?
What is 1 point worth on MNQ?
Giuseppe
Mon Feb 10 2025
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5
answers
895
I am trading on the MNQ market and I want to know the value of 1 point. I need to understand how much each point is worth to better manage my trades and risks.
5 answers
CryptoElite
Wed Feb 12 2025
This contract features a multiplier of $2, which amplifies the value of price movements.
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Valentino
Wed Feb 12 2025
The minimum tick size for /MNQ is a quarter point. This tick represents the smallest increment in which the contract's price can change.
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ShintoMystery
Wed Feb 12 2025
Consequently, the dollar value for one tick in /MNQ is $0.50. This calculation is derived by multiplying the tick size by the contract's multiplier.
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GangnamGlamour
Wed Feb 12 2025
A full one-point move in the /MNQ contract translates to a $2 change in value. This highlights the contract's sensitivity to price fluctuations.
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IncheonBeautyBloom
Wed Feb 12 2025
Symbol /MNQ represents a specific financial contract.
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