💵 If It Don’t Make Dollars, It Don’t Make Cents: Know What the Trade Is Actually Worth
📎 I’m attaching a futures contract conversion table for the community because knowing the setup is only part of the job. You also need to know what the contract is actually worth before you click buy or sell. A chart may look clean, but if you do not understand the tick value, point value, and real dollar exposure of that instrument, you are trading without full context. This table is built to help with that. It gives a quick reference for major futures products and their micro versions where available, so you can immediately understand: - what each tick is worth - what a 1-point or full-price move is worth - how standard contracts compare to micros - how to size positions with more control That matters because the same-looking move does not pay the same across markets. A move in ES is not the same as a move in NQ. A $1 move in crude is not the same as a move in gold. If you do not know the conversion, you do not fully know the risk. This is the kind of information traders should have at arm’s reach every day for better: - position sizing - stop placement - risk planning - contract selection - account protection Bottom line: Charts show the setup. Contract specs show the risk. And if it don’t make dollars, it don’t make cents.