Part 2 · lesson 2 of 3

You learn why the same trade costs two people different amounts.

About 6 minutes.

Whose numbers these are

You have not picked a firm yet. So the figures below come from one firm’s published rules. Each one is named and dated where it appears. Pick a firm and the same lesson runs on your own numbers.

What this word meansWhat one step of price is worth — Evidence: strongContract specifications published by the exchange · read 2026-07-30
micro

A smaller version of a contract. A micro moves one tenth as much money as the full-size one for the same price move.

The difference between the two sizes is why a losing week ends some accounts and not others. Same trades, same times, one tenth the money for every move.

This one comes back: Same price move, one micro against one full-size contract. Which costs more, and by how many times?

Work it out yourselfWhat one step of price is worth — Evidence: strongContract specifications published by the exchange · read 2026-07-30

One of the smaller ones costs you a set amount for each step of price. The full-size one costs ten times that. How many of the smaller ones cost the same as one full-size?

That is the end of this one.

Next: You add up one whole losing trade, step by step.