$40 or $400? Most new futures traders don't know [Video]

Here's a question that trips up almost every new futures trader:

If the Nasdaq moves 20 points against you, how much did you just lose?

On a micro contract (MNQ), it's $40. On the mini (NQ), it's $400. Same market, same move, 10x the damage.

In 10 minutes, I walk you through:

• How futures actually work, and how you can profit when markets fall.
• Nasdaq, S&P 500 and gold contracts, plus their micro versions.
• How to calculate point values, position size and your risk before you ever click buy.

If you've been curious about futures or prop trading but didn't know where to begin, begin here. Episode 2 on margin, leverage and position sizing is up next.

Talk soon,

Kathy Lien

P.S. Already trading futures? Forward this to the friend who keeps asking you how it works.