How do you trade NAS100? I’m so confused. I’ve literally learnt all the indicators on MT4 as well as following the trend of trading NAS100 from 15h32pm/15h33pm till about 18h00 … how does NAS100 work and/or, rather, what moves NAS100? Yoh, y’all can troll but I’ll keep asking till I know or till someone points me in the direction of someone who knows.
Good morning,
This is my first comment on the Forum, i am from the Dominican Republic, and have been trading the markets since 2015.
I will make it short since i do not want you to loose your time and money. The key for trading ANY MARKET is price action. If you want to have a carrer here (regardless of the market), learn price action and do not ever risk more than 1% on a trade (proper money managment).
Get rid of all your indicators and dont pay attention to the news, that’s all you need.
Happy trading.
Hi man
Thank you so much for your response. Do you have any links that you no longer make use of due to you obviously being an experienced trader now? Do you have notes? Literally anything and everything with regards to price action. What’s your email address? If I may
I do have a buch of excel files with my backtestings and i keep notes for every trade i make when simulating and on my live accounts.
Unfortunately they all are in spanish, my native language.
I’m not sure why the forum won’t let me post my email.
That’s more than fine man. I studied Spanish in high school from Year 8 till the very end so I’ll be able to understand more or less what you’re saying. Given that you think it’ll be useful for me seeing as though I’ll be dedicating and burying myself into price action trading thereafter accompanied by your notes.
[Post edited for a Forums Violation]
1.Price Action trading
2.Fundamental trading (news breakout)
3.Risk management
This the Forex Tripod
Why did you choose the “NAS100” specifically?
I guess, if I’m being honest, it’s because - even with a “small” balance - the return is incredibly high if you get the direction of where the market is heading correct. Although, if I’m being brutally honest with myself, what I’ve been doing of late is gambling instead of trading. Since, I, initially, thought that okay let me learn every single indicator but my charts are always just so full of noise. So, I just didn’t know what to do or how to progress until now where I’ve been told to study price action. So, I’m going to bury myself into everything and anything to do with price action because I want to be successful at trading. I know I will be - I want to be the best at this thing man.
This is a good place to start.
Focusing on the results and not the process- likely not going to lead to success.
There’s the truth!!! Good for you for admitting it.
Then you need to start acting and thinking like a professional. Try and think about what this means in terms of your posts so far…
I hear you, I hear you But I needed to be reality checked like I’ve been and like I’ll continue to be by the various People that reply to either one of my posts/replies. So, I’m grateful for the “tough love” that I get from all of you, because it makes me stronger and has humbled me. Thank you all for your current responses that I get as well as all the future responses that I will receive. From here on out, my questions to all forums that I’m a part of will be related to the process of becoming the best and succeeding in forex and/or trading in any market for that matter. In conclusion, to keep it short and sweet - “message received”.
“Don’t focus on or even really think about the money, but, rather, focus on attaining as much knowledge as I can which will, in turn, attract an abundance of pips my way”
Thank you all and may an finite amount of blessings on blessings be bestowed upon all of you for the remainder of your time here on this planet. Namaste
You can trade NAS100 using two ways.Technical analysis (includes charts & indicators) and Fundamental analysis (includes weighted index).