MNQMyFundedFutures
Micro E-mini Nasdaq-100 (MNQ) on MyFundedFutures
MyFundedFutures offers excellent conditions for trading the Micro E-mini Nasdaq-100 (MNQ) with their trailing intraday drawdown model and no daily loss limits. With account sizes up to $150,000 and a maximum position size of 75 MNQ contracts, traders have substantial flexibility to implement various strategies on this popular tech-focused futures instrument.
Max Contracts (MNQ on MyFundedFutures)
75
contracts maximum (funded account)
This is the maximum number of MNQ contracts you can hold simultaneously on a funded MyFundedFutures account. Exceeding this limit is a rule violation that can result in account termination.
Position sizing for MNQ at MyFundedFutures requires careful consideration of the trailing intraday drawdown structure, which tracks your peak equity throughout the trading session. Since MNQ moves in $0.50 increments per tick, a 20-tick adverse move on a single contract represents $10 in losses. This tick value makes MNQ particularly suitable for precise risk management within MyFundedFutures' drawdown parameters. The trailing intraday drawdown means your maximum allowable loss adjusts upward as you gain profits during the session, but never decreases until the next trading day. For MNQ traders, this is particularly relevant given the instrument's tendency toward intraday volatility, especially around tech earnings or Federal Reserve announcements. A profitable morning position that increases your peak equity will provide additional drawdown cushion for afternoon trades. MyFundedFutures' lack of daily loss limits is advantageous for MNQ strategies that might experience temporary drawdowns before recovering. The 80% profit split on daily payouts also means successful MNQ scalping or swing trading can generate consistent income. Since news trading is permitted and overnight positions are allowed on funded accounts, traders can hold MNQ through earnings announcements or economic data releases. Practical position sizing should account for MNQ's average daily range, which typically spans 200-400 ticks ($100-$200 per contract). Conservative traders might risk 1-2% of their drawdown limit per trade, while more aggressive approaches could use 3-5%. The 75-contract maximum allows for significant position scaling, but traders should remember that larger positions amplify both profits and drawdown impact. Consider using multiple smaller entries rather than one large position to better manage the trailing drawdown as your equity peaks fluctuate throughout the session.
Position Sizing Example
On a $100,000 MyFundedFutures account with a trailing intraday drawdown limit, trading 1 MNQ contract with a 10-tick stop risks $5 (10 ticks × $0.50). This represents minimal risk relative to the account size, allowing for substantial position sizing or multiple simultaneous trades while maintaining conservative risk management.