Futures trading for beginners starts with understanding the products: MES, MNQ, the Russell micro, and the Dow. How to trade futures well means knowing the multiplier on every contract, because that number is what determines your real dollar exposure and your real P&L. This episode of Futures in Focus with Craig Bewick, Senior Director of the @cmegroup structured like a cheat sheet covering each of the four major US index futures, their multipliers, their margins, and why the micro contracts are the most capital-efficient way for retail traders to get meaningful market exposure. If you have been trading stocks and are wondering about the step up to futures, this is the episode to start with. CHAPTERS: 00:00 Cheat Sheet Format: What This Episode Covers 00:12 MES and MNQ: The Top Two Products for Retail Traders 00:27 Why Micros Have Replaced Minis for Most Individuals 01:26 Speculation Is Not a Dirty Word in Futures 02:05 Understanding the Multiplier: Your Real Dollar Exposure 02:41 Na...