UsTec100 Stock Index
UsTec100 is an index that include 100 of the biggest companies shown in UsTec 100 Indices exchange market that are not in the financial sector. The calculation of this index is based on weighted factor of market capitalization of shown 100 securities. The 100 firms shown on this stock index are revised quarterly.
The 100 firms used to calculate this index are not necessarily based in USA: international foreign companies are also included as long as they are shown in UsTec 100 Stock Exchange.
UsTec100 Chart
UsTec100 chart is shown and illustrated above. On the above example this Stock Index is named US 100CASH. As a trader you want to find a broker that provides UsTec100 chart so that you can start to trade it. The example That is shown above is that of UsTec100 Indices on MT4 FX Trading Platform.
Other Information about UsTec100 Index
Official Stock Indices Symbol - QQQ:IND
The 100 component stocks that makes up the UsTec100 Index are calculated using a weighted factor for each stock. The components stocks & weighting for each Stock Index is revised quarterly.
Strategy for Trading UsTec100 Index
UsTec100 Index method of calculating makes it more volatile & hence there are more wide swings in the price movement of this index. The has a weighting factor for each Stock Index included on this index. Although this stock index in general moves upward over long-term because American economy also shows strong growth.
As a trader you want to be biased and keep buying as the stock index moves upward. When America economy is doing well, the stocks that makes up the UsTec100 index will keep gaining in values & thus this index is likely to keep heading in an upwards trend. A good stock index trade strategy to trade this Index would be to keep buying the dips.
During Economic Slow-Down & Recession
During economic slow-down and recession times, firms begin to report lower profits and lower growth prospect. It is because of this reason that investors begin to sell stocks of companies that are reporting lower profits and hence Stock Indices tracking these specified stocks will also start to move downward.
Therefore, during these times, market trends are likely to be moving downward & you as a trader should also adjust your strategy accordingly to suit the prevailing downwards trends of the stock index that you're trading.
Contracts & Specs
Margin Requirement Per Lot - $ 30
Value per Pips - $ 0.1
Note: Even though general trend is generally move upwards, as a trader you have to consider & factor in daily market volatility, on some of the days the Stock Indices may move in a range or even retrace and pull-back, the market retracement move may also be a significant one at times and hence as a trader you need to mark-time your trade entry precisely using this trade strategy: index trading strategy & at same the time use proper equity money management guidelines just in case there is more unexpected volatility in the market. About equity money management methods in Stock Indices tutorials: What's Stock iindices equity management and Stock Indices equity money management methods.
