Micro E-mini Dow Jones Futures (MYM) are 1/10th the size of the standard E-mini Dow Jones Futures, offering traders a more accessible way to gain exposure to the Dow Jones Industrial Average. These smaller contracts are ideal for retail traders or those looking for more precise position sizing.
Contract Size: $0.50 multiplied by the Dow Jones Industrial Average
Example: This contract size allows traders to gain exposure to stock indices with controlled leverage and risk.
These specifications make Micro E-mini Dow Jones (MYM) Futures suitable for traders seeking exposure to stock indices markets.
Micro E-mini Dow Jones (MYM) Futures trade with extended hours, providing flexibility for traders in different time zones.
Platform Symbol: MYM
To trade Micro E-mini Dow Jones (MYM) Futures, you'll need to meet specific margin requirements. Check with your broker for the latest margin rates and details.
Proper position sizing is crucial when trading Micro E-mini Dow Jones (MYM) Futures. Use our position size calculator to determine the optimal number of contracts based on your risk tolerance and account size.
For Micro E-mini Dow Jones (MYM) Futures (MYM):
If you want to risk $500 with a 10-point stop loss:
Risk per Contract = Stop Loss in Points × Point Value = 10 × 0.50 per point = $5
Maximum Contracts = Risk Amount ÷ Risk per Contract = $500 ÷ $5 = 100 contracts