What is WallStreet30 Trade Strategy? - Tutorial to Trading WallStreet30 Stock Index

The WallStreet30 Trade Chart

The WallStreet30 trade chart is displayed and illustrated above. On the example above this financial instrument is named as WallStreet30CASH. As a trader you want to find a broker that provides this WallStreet30 trade chart so that you can start to trade it. The example above is of WallStreet30 on the MT4 Forex & Stock Indices Trading Software.

Strategy for Trading the WallStreet30 Index

WallStreet30 method of calculation make the Dow 30 index more volatile and hence there are more wide swings in the price movements of this stock index. Although this stock index generally moves up over longterm because the American economy also shows strong growth & is also the biggest economy in the world.

As a trader wanting to trade this index, be prepared for wider price swing & a little more volatility.

As a trader you want to be biased and keep buying as the stock index moves up. When the USA economy is doing well (most times it's doing well) this upward trend is more likely to be ruling. A good index trade strategy would be to buy dips.

During Economic SlowDown and Recession

During economic slowdown and recession times, companies start to report lower profits and lower growth prospect. It is due to this reason that traders start to sell stocks of companies reporting lower profits and therefore the stock index tracking these particular stocks will also begin to move downwards.

Therefore, during these times stock index trends are likely to be heading downward and as a trader you should also adjust your strategy accordingly to suit the prevailing downwards trends of the stock market index that you are trading.

Contracts & Specifications

Margin Required for 1 Lot - $ 150

Value per 1 Pips - $ 0.5

NB: Even though the general trend is generally upward, as a trader you have to factor in the daily market volatility, on some days the stock index might oscillate or even retrace, stock index market retracement might also be significant at times and therefore as a trader you need to time your entry precisely using this trading strategy: Stock index trading strategy & at same time use proper money management rules just in case of more unexpected volatility in the market trend. About money management rules in stock index topics: What is stock index money management & stock index money management methods.