SPAIN35 Index
SPAIN35 is an Index which keeps track of the top 35 stocks in Bolsa de Madrid - Spanish Stock Bourse. This Stock Index tracks the capitalization of 35 most liquid stocks in Madrid Stock Market. The component stocks used to calculate this stock index are revised twice a year.
The SPAIN35 Chart
SPAIN35 chart is illustrated and illustrated above. On the above example this Index is named SPAIN35CASH. As a trader you want to find a broker that provides SPAIN35 chart so that you as a trader can start to trade it. The example That is illustrated & shown above is that of SPAIN35 Index on MetaTrader 4 FX & Index Software/Platform.
Other Data about SPAIN35 Index
Official Indices Symbol - SPAIN35
The 35 component stocks that makes up the SPAIN35 Index are selected from top companies in Spain. The 35 stocks make up most of the total trading turnover volume in the Madrid Stock Market.
Strategy to SPAIN 35 Index
SPAIN35 Index tracks capitalization of top 35 companies in Spain. This Stock Index in general moves upward over long-term but it's more volatile in its trend movement. When compared to other indexes such as EURO STOXX & DAX 30 which have lower volatility in their market trend movements, this stock index has wider swings in its trend movement.
Over a long period of time this stock index will in general move upward, as a trader you want to be biased and keep on buying as the index heads and moves upwards.
A good strategy for trading this stock market index would be to keep buying and buy the dips - though as a trader wanting to trade this stock index, be prepared for generally much wider and more volatile swings when it comes to trading this stock index.
During Economic Slow-Down & Recession
During economic slowdown & recession periods, corporations start and begin to report slower profits & lowers growth projection. It is due to and because of this reason that investors start to sell stocks of companies that are reporting & recording lower profits & hence Indices tracking these specified stocks will also start heading & going downward.
Therefore, during these times, trends are more likely to be moving downward and you as a trader should also adjust your trading strategy accordingly to suit the prevailing downwards trends of the index which you are trading.
Contracts and Specifications
Margin Requirement Per 1 Lot - € 140
Value per Pips - € 1
Note: Even though general and overall trend is generally move upward, as a trader you've got to consider and factor on daily market price volatility, on some of the days the Index may move in a range or even retrace & retracement, the Indices market correction/retracement move might also be a big one at times and therefore as a trader you need to time your trade entry strictly using this trade strategy: strategy & at same the time use appropriate & proper and suitable money management strategies/guidelines just in case there's more unexpected market volatility. About equity management guidelines/principles in Indices courses: What's Stock equity management & Index equity money management system/plan.
Get More Lessons:
- What's Used Gold Margin in XAU/USD?
- How to Calculate Pips values for Mini FX Accounts When Trading Mini Lots
- Forex Brokers That Trade Dow Jones 30
- How Can I Trade UKX100 Index Trading Systems Tutorial Course?
- Williams Percentage R XAU/USD Indicator Analysis in XAU USD
- How Can I Draw Fibonacci Pullback Levels in MT4 Trade Platform?
- How to Trade with MACD Fast Line and MACD SignalLine
- SWI 20 MetaTrader 5 SWI 20 Name on MT5 Platform
- Regulated How to Select & Choose a Good Gold Regulated Broker
- What's 1:25 Gold Leverage in XAU USD?