What's UKX100 Trade Strategy? - Guide for Trading UKX 100 Stock Index
The UKX 100 Chart
The UKX 100 trade chart is displayed and shown and displayed above. On the above example the stock index is named as UKX100CASH. As a trader you want to find an online broker that provides UKX 100 chart so that you as a trader can begin to trade it. Indices example displayed above is of UKX 100 on MT4 FX Trading Software.
Strategy of Trading UKX 100 Index
UKX 100 represents relative market movement of top 100 stocks in the United Kingdom. In general the share size of the top 100 corporations will keep moving upwards, therefore this index will also over time keep moving upwards. Should a company not meet the required growth targets, company will be removed from the index and replaced with another company that has better growth prospects.
As a trader wanting to trade this index, general direction at any given time will be more bullish than bearish. This is because as long as the 100 companies being tracked are doing booming business, then their share value will keep going upwards, & therefore this index will also keep moving in an upwards trend.
As a trader you want to be biased & keep buying as the stock index moves upwards. When UK economy is performing good (most times it's performing good) this upward trend is more likely to be in-favor. A good stock indices trade strategy would be to buy dips.
During Economic Slow-Down and Recession
During economic slow-down & recession times, companies begin to report lower profits & lower business growth prospects. It is due to this reason that traders begin to sell stocks of companies which arereporting lower profits & therefore stock index tracking these particular stocks also will begin to move downward.
Hence, during these times index trends are likely to be moving downwards and as a trader you should also adjust your trading strategy accordingly to fit the prevailing downwards trends of the stock market index that you are trading.
Contracts and Details
Margin Requirement for 1 Lot - £ 70
Value per 1Pip - £ 0.1
NB: Even though general trend is generally move upwards, as a stock indices trader you have to factor in daily market volatility, on some days the stock index may oscillate or even retrace, market pull back might also be substantial at times & hence as a trader you need to time your trade entry precisely using this trading strategy: trade strategy & at the same time use proper money management rules just in case of more unexpected volatility in the market movement. About equity management rules in stock index lessons: What is stock index money management and stock index money management methods.
Get More Topics:
- How Can I Add Dow Jones on MetaTrader 4 Android App?
- How Can I Add Nikkei in MetaTrader 5 Android Mobile Trade App?
- How to Add S&P500 on MetaTrader 4 Android App
- AS 51 Stock Index Trade Strategies & AS 51 FX Strategies
- How Can I Find GDAXI 30 on MetaTrader 5 iPhone Trade App?
- What's EURO STOXX 50 Pips?
- What's a Index Trading Robot?
- Factors To Consider When Choosing Your Index Broker
- Indices MetaTrader 4 Introduction Guide
- Nikkei 225 Stock Market Stock Indices Trading Strategy