When is The Best Time To Trade Nasdaq (NAS100) in Nigeria?

@obinna - 9 months ago - Forex Trading Strategies

Good Day Members,

I want to start trading Nasdaq (NAS100) from Nigeria but I want to know the best time of the day to enter the market. Most times when I trade in the morning, I don't see much volatility and barely make any reasonable profit. Thanks in advance !

@karbin - 9 months ago

If you are looking to trade the NY session, then you can trade NASDAQ from 3PM Nigerian time to 8PM.

Or if you have a strategy for trading during London session, then you can trade from 9AM. CFD brokers allow 24 hour trading on NAS100 or US100.

There is no right or wrong time to trade NASDAQ index. If you have a particular strategy on NASDAQ that has an edge during London open (minus brokerage cost), then you would trade it at that time.

But if you have no edge, and trade randomly, and follow no loss limits, then also it does not matter when you trade it.

So, first ask yourself, do you know something (and have tested it) that will give you net net positive returns from trading NASDAQ? Then decide what is right time to trade it.

Volatility may not always be on your side.