FTSE MIB 40 Index

FTSE MIB stock index keeps track of the top 40 most liquid stocks in Borsa Italiana - Italian Stock Exchange Market. This stock index is also referred to as the Italian 40 Index. The 40 stocks included in this stock index are chosen and selected from most liquid stocks from the most profitable industries in the Italian economy.

FTSE MIB 40 Index - FTSE MIB Chart

FTSEMIB 40 Chart

FTSEMIB 40 chart is displayed & portrayed and illustrated and shown above. On illustration put on display above this trading instrument is named as IT40CASH. As a trader you want to find a broker that provides FTSEMIB 40 chart so that you as a trader can start to trade it. The example That is displayed above is that of FTSEMIB 40 on MetaTrader 4 Forex Platform.

Other Data about FTSE MIB 40 Index

Official Stock Index Symbol - FTSEMIB

The 40 constituent stocks which constitute FTSEMIB 40 are chosen and selected from the top Italian companies that are most profitable. These stocks are also picked from most lucrative industries within the Italian economy.

Strategy for Trading/Transacting FTSEMIB40 Index

FTSE MIB 40 index in general moves upwards over the long term because stocks choosen represent the best sectors in Italian economy therefore in general this stock index will keep moving up over time - because these sectors will be doing booming business.

As a trader wanting to trade this stock index, you want to be more biased toward upwards market trend direction of this stock index.

As a trader you want to keep buying as the index moves upward. When Italian economic environment is doing & performing well and good (most of the times it is doing well) this upward trend is more than likely to be the one ruling. A good stock index trade strategy would be to keep buying and buy the dips.

During Economic Slow-Down & Recession

During economic slow down recession periods, companies start reporting slower earnings and revenues, slower profits & lowers growth prospect. It is because of this reason that investors start to sell stocks of companies that are reporting & announcing lower profits & hence stock index keeping track of these specific stocks also will start to head & move downward.

Therefore, during these times, the trends are much more likely to be moving and going downwards and you as a trader should also adjust your trading strategy accordingly to fit and suit the ruling down trends of the stock market index that you're trading.

Contracts & Specs

Margin Requirement Per 1 Lot - € 250

Value per 1 Pip(Point) - € 1

Note pips value of the IT40 is € 1 compared & analyzed to the value of the other indices like Germany DAX and EUROSTOXX whose value of one pip per lot is € 0.1 - However, average pips movement for this index is much lower as compared to other indices like DAX 30 and EURO STOXX.

NB: Even though general and overall trend is in general moves upward, as a stock index trader you've got to factor in daily market price volatility, on some of the days the stock index might move & oscillate in a sideways range-bound move or even retrace and pullback, retracement might also be significant some times & hence as the trader you need to time your entry strictly when using this trade strategy: trade strategy and at the same time use suitable/proper money management rules/guidelines in case there's more unexpected volatility in the market. About money management guidelines in index lessons: What's money management guidelines and rules & money management system/plan.

More Lessons and Tutorials & Topics: