What is DowJones30 Strategy? - Guide to Trading DowJones30 Index
The DowJones30 Stock Indices Trade Chart
The DowJones30 Stock Index chart is displayed & shown above. On the above example illustration this financial instrument is named USA 30CASH. As a trader you want to find a broker that provides DowJones30 chart so that you as a trader can start to trade it. Example displayed and illustrated above is of DowJones30 Stock Index on MT4 Forex Platform Software.
Strategy for Trading DowJones30 Stock Indices
The DowJones30 Stock Index approach of calculating make Dow 30 index more volatile & therefore there are much wider swings(more volatile swings) in the price movement of this stock index. Although this stock index in general moves upward over long-term because US economy also shows strong growth & is also the biggest economy in the world.
As a trader wanting to trade this stock index, be prepared for wider price swing and a little more volatility.
As a stock index trader you want to be biased & keep on buying as the index heads & moves upwards. When US economy is performing good (most times it's performing good) this upwards market trend is more than likely to be the one that is present. A good index strategy would be to buy the price dips.
During Economic Slow-Down & Recession
During the economic slowdown & recession times, corporations start and begin reporting slower revenues, slower profits and lowers growth projections. It is due to this reason that investors start to sell stocks of companies which are reporting & posting lower profits and therefore Indices tracking these specified stocks will also start and begin to move downwards.
Hence, during these times, market trends are more likely to be moving downward and you as a trader should also adjust your strategy accordingly to suit the prevailing downwards trends of the index which you are trading.
Contracts and Specifications
Margin Requirement Per Lot - $ 150
Value per Pip - $ 0.5
Note: Even though general and overall trend is generally move upwards, as a trader you've got to consider and factor on daily market price volatility, on some of the days the Indices might move in a range or even retrace & retracement, the market retracement move might also be a large one at times and therefore as a trader you need to time your trade entry accurately when using this strategy: Stock strategy & at the same time use appropriate & suitable and proper money management techniques & guidelines just in case there's more unexpected volatility in the market movement. About stock index equity management rules courses: What is index equity management & Indices equity management plan.
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