NAS100 : Anyone trade that?

Beginner Questions
1

Hi,
I placed a trade on NAS100 on thursday on 4hr frame. the stoch and macd were crossing over and leaving the overbought region. I noticed it does not deal in pips, just plain numbers. And there is no “lot” to trade, just units. where 1 unit = 1 USD. Though it is not that liquid or active, i placed a trade targeting 16 points, selling 100 units. a few hours later I made a profit of 1600. Does anyone think this NASDAQ index is a good and secure way to make money, by targeting smaller margins?

Please comment and guide.

1 Like
2

I’m starting to trade NAS100, it pays very well, better than many currency pairs, so we got to be carefully cause how much it gives is how much it takes.