I feel there are basically three kinds of traders...scalpers,daytraders and swing traders. I think I would fall into the scalper category. When I make a trade on the e-minis I usually get out if I'm down 3 or 4 ticks or up 6 to 10. Are there any good books or websites out there that deal specifically with scalping techniques?
I suggest you private message Threei who is a member here... he has written several articles on scalping and will refer you to them...
The NQ trades in 1/2 points. Each point is worth $20, so a tick is $10. The ES trades in 1/4 points. Each point is worth $50, so a tick is worth $12.50.