What is WallStreet30 Trade System? - Learn WallStreet30 Index
The WallStreet30 Chart
WallStreet30 chart is shown & shown & displayed above. On example above this instrument is named as WallStreet30CASH. As a trader you want to find a broker that provides WallStreet30 chart so that you as a trader can start to trade it. The example Which is shown above is that one of WallStreet30 on MT4 Platform Software.
Trade System for WallStreet30 Index
WallStreet30 manner 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 the longterm because USA economy also shows strong growth and is also the largest 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 trader you want to be biased and keep buying as the index moves upwards. When USA economy is performing well (most times it's performing good) this upwards trend is more likely to be in place. A good index trade strategy would be to buy dips.
During Economic Slow-Down & Recession
During economic slow-down and recession times, corporations start to report lower profits and lower business growth prospects. It's due to this reason that traders start to sell stocks of corporations that arereporting lower profits & hence stock index tracking these particular stocks will also start to move downward.
Hence, during these times, market 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 - $ 150
Value per One Pip - $ 0.5
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 may also be significant at times and therefore as a trader you need to mark-time your entry precisely using this trading strategy: trade strategy and at the same time use proper money management guidelines just in case of more unexpected volatility in the market trend. About indices equity management principles courses: What's equity management and equity management strategies.
