i am watching my ib weekly statement and am confused on how it calculates the profits. for eg. ESMO entry 1 short @ 1.164.5 and exit @ 1.165.25 = -41 $ so how much is a quarter point YM entry 1 short @ 10705 with exit @ 10698=31$ so 1 point of YM is smaller than .25 of ES i am very confused. Pl help to throw more light on how these future works. i am used to stocks. number gain in stocks times volume = profits. i guess in futures that does not work the same way.