All terms
Definition
Point
A point is a larger unit of price movement made up of several ticks.
Quick take
A larger unit of price made of several ticks.
Keep this in mind every time you see point on the chart — context is everything.
Did You Know?
On ES, 1 point equals 4 ticks and is worth $50 per contract — a single big candle can move 10+ points.
Common Beginner Mistake
Mixing up points and ticks when setting stops and targets, leading to risk that's 4x bigger than intended.