UsTec 100 Index
UsTec 100 is an index that includes 100 of the largest firms illustrated in UsTec100 stock exchange market that aren't in financial sector. The calculation of this stock index is based on weighted factor of market capitalization of the illustrated 100 securities. The 100 corporations shown on this index are reviewed quarterly.
The 100 corporations used to calculate this stock index aren't necessarily based in US: international foreign firms are also included as long as they are illustrated in UsTec100 Stock Exchange Market.
UsTec 100 Chart
UsTec 100 chart is illustrated and shown & displayed above. On example above this stock index is named as US100CASH. As a trader you want to find a broker that provides UsTec 100 chart so that you as a trader can begin to trade it. The example Which is illustrated above is that one of UsTec 100 on MetaTrader 4 Software.
Other Info about UsTec 100 Index
Official Stock Index Symbol - QQQ:IND
The 100 constituent stocks that make up the UsTec 100 are calculated using a weighted factor for each stock. The component stocks & weighting for each stock is reviewed quarterly.
Indices Trade Strategy for UsTec 100 Index
UsTec 100 manner of calculating makes it more volatile and hence there are wider swings in price movement of this index. The has a weighting component for each stock included on this stock index. Although this index generally moves upwards over the longterm because USA economy also shows strong growth.
As a trader you want to be biased & keep buying as the stock index moves upwards. When USA economy is performing well, stocks that make up the UsTec 100 index will keep gaining in values and thus this stock index is likely to keep moving in an upward trend. A good index trade strategy to trade this Stock Index would be to buy dips.
During Economic Slow-Down & Recession
During economic slow-down and recession times, corporations begin to report lower profits & lower business growth prospects. It's due to this reason that traders begin to sell stocks of corporations that arereporting lower profits & hence stock index tracking these particular stocks also will begin to move downward.
Hence, during these times, trends are likely to be moving downward 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 Specs
Margin Requirement Per 1 Lot - $ 30
Value per One Pip - $ 0.1
NB: Even though general trend is generally move upwards, as a trader you've to factor in daily market volatility, on some days the stock index may move in a range or even pullback, market pullbackretracement might also be significant at times & hence as a trader you need to mark-time your entry precisely using this trading strategy: Indices trade strategy and at the same time use proper equity management principles just in case of more unexpected volatility in the market trend. About equity management principles in stock indexes trading lessons: What's trading equity management and stock indexes trading equity management strategies.