What's WallStreet 30 Stock Indices Trade System? - Learn WallStreet 30 Index
WallStreet 30 Stock Indices Trade Chart
WallStreet 30 Stock Indices trading chart is illustrated & shown above. On above example this instrument is named WallStreet 30CASH. As a trader you want to find a broker that provides WallStreet 30 chart so that you as a trader can begin to trade it. The example Which is shown above is that one of WallStreet 30 Indices on MT4 Software.
Stock Indices Trade System for Trading WallStreet 30 Stock Indices
WallStreet 30 Indices technique of calculating makes Dow 30 index more volatile and hence there are wider swings in price movement of this Stock Index. Although this index generally moves upwards over longterm because USA economy also shows strong growth & is also the largest economy in the world.
As a trader wanting to trade this stock index, be prepared for wider price swing & a little more volatility.
As a trader you want to be biased and keep buying as the index moves upwards. When USA economy is performing good (most of the times it's performing good) this upward trend is more likely to be in place. A good stock index trade strategy would be to keep buying the dips.
During Economic Slow-Down and Recession
During economic slow-down & recession times, corporations begin to report lower profits & lower growth prospect. It's due to this reason that traders begin to sell stocks of firms that are reporting lower profits & hence Stock Indices tracking these specified stocks also will begin to move downward.
Hence, during these times, trends are likely to be moving downwards and you as a trader should also adjust your strategy accordingly to suit the prevailing downwards trends of the index that you're trading.
Contract Specs
Margin Requirement Per 1 Lot - $ 150
Value per Pips - $ 0.5
Note: Even though general trend is generally moves upwards, as a trader you've to consider & factor in daily market volatility, on some of the days the Stock Indices may 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: index trading strategy & at same time use proper money management guide-lines just in case there's more unexpected volatility in the market trend. About stock index money management guidelines courses: What's equity management & equity management strategies.
