What Is The Best Time To Trade Nasdaq In Uganda

What is Nasdaq?

The Nasdaq Stock Market is a stock exchange. It is the most active stock trading venue by volume and

ranked second on the list of stock exchanges by market capitalization of shares traded.

What Is The Best Time To Trade Nasdaq In Uganda

There is no “best” time to trade the NASDAQ, but many Europeans like to trade just after it opens at 9.30 a.m. local time since the first hour can be volatile’, explains our Senior Financial Analyst, Axel Rudolph.

How do you trade successfully on the Nasdaq?

Establish a risk-reward ratio.

Avoid entering into trades before the release of major economic data.

Record all trades for ease of preview later in the day.

Avoid trading during boring, tiring, or emotional trading days.

Pick the perfect market hours, mainly Eastern time.

What causes Nasdaq to move?

The NASDAQ 100 is influenced by a variety of factors that also move the broader stock market. This can vary from

 economic data, interest rates, and monetary policy decisions to geopolitical events and natural disasters.