Nasdaq-100 short-term swing
- This topic has 2 replies, 1 voice, and was last updated 2 months ago by
Christian Harris.
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I’ve been day trading the Nasdaq-100 for a while but recently started making short-term swings for larger pips.
After considering swaps, I’ve been testing my strategy on a small account (£250 balance, 1:200 leverage, 0.01 lot size) to determine profitability.
My broker doesn’t charge a commission on indices, which is fantastic. Swap charges are considerably less for short positions than for long ones, so I want to maximise profits in this area, too.
Here’s a recent trade that secured 392 pips in 7 days. I’m particularly pleased that I managed to sell almost at the top of this pullback.
I’ll be keeping you in the loop as my strategy unfolds.
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