What is Dow Jones 30 Pips Value? - DowJones 30 Trading
The Dow Jones Industrial Average or the Dow 30 is a stock market index that tracks 30 of the biggest stocks in USA. The stocks which are used in calculating these constituents are picked from 30 biggest corporations in US.
Contracts & Specifications - DowJones30 Index
Margin Requirement Per 1 Lot for DowJones 30 is - $ 150
Value per 1 Pip(Point) for DowJones 30 is - $ 0.5
Dow Jones is the most liked and most followed index globally. The Dow Jones Industrial Average originally kept track of the performance of Industrial stocks but has changed to also include stocks from other economic sectors of the overall economy. Main criteria being the stocks selected are from the biggest America corporations.
Dow Jones is more volatile than most of the other Top Index, The Dow Jones although will over the long-term trend upward it will have more price pullbacks & more consolidations than other index. Traders might prefer to trade other stock indices other than the Dow Jones Industrial Average if they are more accustomed to trading the more stellar & robust trends that are found in the other top indices.
The DowJones 30 Trade Chart
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