MES Micro S&P 500 Futures Journal
MES gives you exposure to the S&P 500 at $5 per point — one-tenth of the full ES contract. TradeRipper captures every MES trade automatically on Tradovate with exact P&L including commissions.
The Micro E-mini S&P 500 (MES) democratized futures trading when CME launched it in 2019. At $5 per point ($1.25 per tick), it makes S&P 500 futures accessible to traders with smaller accounts. But smaller size doesn't mean less discipline — if anything, commission efficiency matters more.
TradeRipper tracks your MES trades with the correct $5/point multiplier and includes all Tradovate fees. On a $50 MES profit, $2 in commissions is 4% of your gross — that adds up over hundreds of trades. Seeing net P&L per trade keeps you honest about your real edge.
The dashboard lets you compare MES and ES performance side by side. Some traders find they're more disciplined with MES (smaller stakes = clearer thinking), while others find the commission drag makes certain strategies unprofitable on micros.
What TradeRipper Gives You
- MES multiplier ($5/point) applied automatically
- Exact commissions tracked per trade
- Compare MES vs ES performance
- Prop firm calculator with MES support
- P&L by setup and by session
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Frequently Asked Questions
What is the MES multiplier?
MES is $5 per point ($1.25 per tick). One-tenth of the full ES contract.
Is MES good for prop firm evaluations?
Yes. Many prop firms allow MES trading. TradeRipper includes a prop firm calculator to help you manage risk within evaluation rules.
Can I mix MES and ES trades in my journal?
Yes. Each is tracked as a separate instrument with the correct multiplier. Your analytics show performance for each independently.