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BLUSKY FLIGHT SCHOOL
Your cheat sheet
Contract specs, market hours and risk math on 1 page. Print it and keep it next to your charts.
Flight School cheat sheet
BluSky Trading · Free futures course
Contract specs
| Market | Symbol | Tick size | Tick value | 1 point |
|---|---|---|---|---|
| Nasdaq 100 | NQ | 0.25 | $5.00 | $20 |
| Micro Nasdaq 100 | MNQ | 0.25 | $0.50 | $2 |
| S&P 500 | ES | 0.25 | $12.50 | $50 |
| Micro S&P 500 | MES | 0.25 | $1.25 | $5 |
| Dow | YM | 1 | $5.00 | $5 |
| Micro Dow | MYM | 1 | $0.50 | $0.50 |
| Russell 2000 | RTY | 0.10 | $5.00 | $50 |
| Micro Russell 2000 | M2K | 0.10 | $0.50 | $5 |
| Crude oil | CL | 0.01 | $10.00 | $1,000 |
| Micro crude oil | MCL | 0.01 | $1.00 | $100 |
| Gold | GC | 0.10 | $10.00 | $100 |
| Micro gold | MGC | 0.10 | $1.00 | $10 |
Market hours (ET)
- Futures trade Sunday 6pm to Friday 5pm
- Daily break from 5pm to 6pm
- US stock market open: 9:30am
- BluSky trading day and end-of-day drawdown roll at 6pm
Risk math
- Contracts = dollar risk ÷ (stop in ticks × tick value)
- Consistency = best day ÷ total profit
- A 50% loss needs a 100% gain to recover
Before every session
- Check the economic calendar
- Mark prior day high and low
- Write your plan
- Set your daily stop
blusky.pro/flight-school · Educational content only. Futures trading involves substantial risk of loss.