SMI20 Index

SMI20 Index or Swiss Market Index 20 is a market indices that keeps track of top 20 firms in Six Swiss Exchange in Switzerland. This 20 shares shown represent the blue chip stocks on the 6 Swiss Stocks Exchange Market - these are the most traded stocks in this Stock Index exchange.

SMI Trade Chart - What is SMI20?

SMI 20 Chart

SMI20 chart is shown & displayed above. On above example this Index is named SWI20CASH. As a trader you want to search & look for a broker that offers SMI 20 chart so that you as a trader can begin to trade it. The example Which is shown above is that one of SMI20 Stock Index on the MetaTrader 4 FX and Platform.

Other Info about SMI20 Index

Official Index Symbol - SMI:IND

The 20 component stocks that make up SMI20 Index are selected from the top firms in France. The 20 shares constitute majority of the total trade turnover volume in SIX Swiss Stocks Market. The calculation is reviewed yearly.

Strategy for SMI20 Index

SMI20 Stock Index keeps track of capitalization of top 20 corporations in Switzerland. This Index in general moves upwards over longterm because the Swiss economy also shows strong growth. Swiss economy also has one of the strongest banking system in the globe - making Swiss economy one of the most solid economy.

As a indexes trader you want to be biased & keep on buying as the index heads and moves upward. When the Swiss economy is performing well most of these top shares will continue to move up & hence this index will also move in an upward market trend. A good stock index trading strategy would be to keep buying and buy the market dips.

During Economic SlowDown and Recession

During economic slow-down & recession times, firms begin to report slower profits & lowers growth projections. It is due to and because of this reason that traders start & begin to sell stocks of corporations that are posting and recording lower profits and hence the Indices tracking these given stocks will also begin to go & move downward.

Hence, during these times, market trends are a lot more likely to be heading downwards and you as a trader should also adjust your trading strategy accordingly to fit the ruling downwards trends of the index which you as a trader are trading.

Contracts and Details

Margin Required Per 1 Contract - CHF 100

Value per Pips - CHF 0.5

NB: Even though general and overall trend is generally moves upward, as a trader you've to consider and factor in the daily market volatility, on some of the days the Indices might move in a range or even retrace and pull back, market pullback/retracement move might also be a large one at times & hence you as a trader you need to time your entry strictly using this trading strategy: trading strategy and at the same time use proper and appropriate money management guidelines and techniques just in case there's unexpected market trend volatility. About equity management strategies/methods. in indices topics: What is Index equity management and Index money management methods.

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