NASDAQ Rising But Looks For More Cut Clues – NASDAQ Analysis & Prediction
Key Points Market Overview After a turbulent s... week as it has started, this would […]
Published on: 24 Sep 2024
Read More >>
Powered by: 
NASDAQ100 Market Analysis
HowToTrade.com provides our readers with a daily market analysis for the NASDAQ100 index, including the latest news, US100 prices, updates, and price forecasts from our trading experts.
Published on: 18 Sep 2024 Dow Jones (DJI)
The Stock Market To Go Crazy On Historic Fed Day – Dow Jones, S&P500 & NASDAQ Forecast
Read More >>
Published on: 04 Sep 2024 NASDAQ
NASDAQ100 Daily Price Analysis – US100 Falls as Tech Struggles Continue
Read More >>
Published on: 29 Aug 2024 NASDAQ
NASDAQ To Surge After NVIDIA Smashes Earnings? – NASDAQ Analysis & Prediction
Read More >>
Published on: 23 Aug 2024 NASDAQ
NASDAQ100 Daily Price Analysis – Traders Brace for Powell’s Speech as US100 Attempts Recovery
Read More >>
Published on: 02 Aug 2024 NASDAQ
NASDAQ Crashes Following Dismal US NFP
Read More >>
Published on: 25 Jul 2024 NASDAQ
NASDAQ100 Daily Price Analysis – Nasdaq 100 Slips as Tesla and Alphabet Lead Tech Selloff
Read More >>
How to Trade the NASDAQ 100 Index
NASDAQ 100, also known as the US Tech 100 index, is a stock market index that tracks the performance of the 100 largest US technology companies. The index, which was founded in 1985, is considered by many to be one of the most important indices worldwide since it has a huge role in predicting where the global economy is heading. Indeed, NASDAQ 100 is just an index; it is essentially a portfolio of the most innovative and forward-thinking tech companies. Some might even call it ‘the index of the future’.
Some of the well-known companies listed on NASDAQ 100 include Apple, Microsoft, NVIDIA, Meta Platforms, Alphabet, and Tesla Motors.
To trade the NASDAQ 100 index, you need to open a trading account with a brokerage firm that offers the index as a trading instrument.
Follow these steps to start trading the US100 index:
- 1. Open a forex trading account with SwitchMarkets, our partner broker
- 2. Open an account with a VPS service provider to protect your trading account from internet disconnections and slippages.
- 3. Choose the ideal position size and leverage ratio that suits your trading style
- 4. Utilize your trading strategy to identify entry and exit opportunities
- 5. Open your first trade by clicking on buy or sell
- 6. Consider risk management tools such as a risk-reward ratio, stop loss, and take profit
- 7. Monitor your trade and close your position when getting a signal from your preferred trading strategy
Frequently Asked Questions
What is the best time to trade on NASDAQ 100?
Typically, the most active trading hours to trade NASDAQ 100 are during the US trading session and the overlap between the European and the US sessions. Additionally, the US100 index tends to have the highest volume when major economic data and earnings reports are released.
How much do you need to start trading NASDAQ 100?
It all depends on the method you choose to trade the US100 index. If you decide to trade NASDAQ 100 through ETFs or futures - then, you need a significant amount of money to start trading. Alternatively, you can trade US100 with a CFD or spread betting contract. This way, you can start with a relatively low initial investment, starting from $50, depending on the brokerage firm you choose.
What is the forecast for US100?
As we enter the second half of 2024, NASDAQ 100 is hovering around all-time levels. Even so, many analysts and economists predict that the index can continue its uptrend in the following months. This can be largely attributed to the fact that the Federal Reserve is projected to start cutting rates soon. In addition, many US100 Companies reported high revenues in the last quarter, indicating a strong bullish market sentiment.
We’ll Make You A Smarter Trader For Free
Subscribe for on-demand lessons, trade ideas, trading challenges and weekly newsletters packed with actionable information.