What's DJI 30 Stock Indices Trade System? - Learn DJI 30 Index
DJI 30 Stock Index Trade Chart
DJI 30 Indices chart is shown and illustrated above. On the above example this instrument is named DJI 30CASH. As a trader you want to find a broker that provides DJI 30 chart so that you can begin to trade it. The Indices example above is of DJI 30 Stock Indices on MT4 FX Trading Platform.
Stock Indices Trade System for Trading DJI 30 Stock Indices
DJI 30 Stock Index recipe of calculating makes Dow 30 stock index more volatile & hence there are more wide swings in the price movement of this Index. Although this stock index in general moves upward over long-term because American economy also shows strong growth & is also the biggest economy in the world.
As a trader wanting to trade this index, be prepared for wider price swing & a little more volatility.
As a trader you want to be biased and keep buying as the index moves upward. When America economy is doing well (most of the times it is doing well) this upward trend is more than likely to be ruling. A good stock index trade strategy would be to keep buying the dips.
During Economic Slow-Down and Recession
During economic slow-down & recession times, firms start to report lower profits & lower growth prospect. It is because of this reason that investors start to sell stocks of companies that are reporting lower profits & hence Indices tracking these specified stocks will also start to move downward.
Therefore, during these times, market trends are likely to be moving downwards and you as a trader should also adjust your trading strategy accordingly to suit the prevailing downward trends of the stock index that you're trading.
Contract Specifications
Margin Requirement Per 1 Lot - $ 150
Value per Pips - $ 0.5
Note: Even though general trend is generally moves upwards, as a trader you have to consider and factor in daily market volatility, on some of the days the Stock Indices might move in a range or even retrace & pull-back, the market retracement move might also be a substantial one at times & therefore as a trader you need to mark-time your trade entry precisely using this trade strategy: strategy & at same the time use proper equity money management guidelines just in case there is more unexpected volatility in the market. About money management methods in Indices topics: What's Stock Index money management & indices money management strategies.
