Hi SoulTrader,
Nice tutorial for the beginner. You should note that the CME has changed the e-mini Nasdaq from half-tick increments to quarter-ticks (0.25 of a point) for a while now.
Value of 1 tick (0.25 of a point) on e-mini Nasdaq 100 = $5.00
More info here:
CME E-mini NASDAQ-100 Futures & Options