SPAIN35 Index
SPAIN35 is an Stock Index that keeps track of top 35 stocks in Bolsa de Madrid - Spanish Market Exchange. This Index tracks capitalization of 35 most traded stocks in Madrid Stocks Market. The component stocks used to calculate this stock index are reviewed twice a year.
The SPAIN35 Chart
SPAIN35 chart is illustrated & shown above. On above example this Stock Index is named SPAIN 35CASH. As a trader you want to find a broker that provides SPAIN35 chart so that you as a trader can begin to trade it. The example Which is shown above is that one of SPAIN35 Indices on MT4 Forex Software.
Other Info about SPAIN35 Index
Indices Symbol - SPAIN 35:IND
The 35 constituent stocks that constitute SPAIN35 Index are selected from top performing corporations in Spain. The 35 stocks make up most of the trade turnover volume in the Madrid Stocks Market.
Strategy to Trading SPAIN35 Index
SPAIN35 Index tracks capitalization of top 35 corporations in Spain. This Stock Index generally moves upward over longterm but it is more volatile in its trend movements. When compared to other stock indexes such as EURO STOXX & DAX30 which have lower volatility in their trend movements, this index has wider swings in its trend movements.
Over a long period of time this stock index will generally moves move upwards, as a trader you want to be biased & keep buying as the stock index moves upward.
A good index trade strategy would be to keep buying the dips - though as a trader wanting to trade this stock index, be prepared for generally much wider swings when it comes to trading this index.
During Economic Slow-Down and Recession
During economic slow-down and recession times, corporations start to report lower profits and lower growth prospect. It's due to this reason that traders start to sell stocks of firms that are reporting lower profits and hence Indices tracking these specified stocks will also start to move downward.
Hence, during these times, market trends are likely to be moving downwards & 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.
Contracts and Details
Margin Requirement Per Lot - € 140
Value per Pips - € 1
Note: Even though general trend is generally move upwards, as a trader you've to consider and factor in daily market volatility, on some of the days the Indices might move in a range or even retrace & pull-back, the market pullbackretracement move may also be a significant one at times & hence as a trader you need to mark-time your entry precisely using this trading strategy: strategy and at same time use proper equity management guide-lines just in case there's more unexpected volatility in the market trend. About money management methods in Indices lessons: What's Stock Index money management and Indices equity management strategies.
