What's S and P ASX 200 Strategy? - Guide to Trading S and P ASX 200 Index
ASX 200 Chart
ASX 200 chart is illustrated & shown above. On example above this financial instrument is referred to as as AUS200CAS. As a trader you want to find a broker that provides this ASX 200 chart so that you as a trader can begin to trade it. The example Which is illustrated above is that one of ASX 200 on the MetaTrader 4 FX and Indices Software Platform.
Strategy to Trading the ASX 200 Index
ASX 200 will generally moves move up because stock prices always move up over time. This index generally moves moves up over longterm because the Australian economy also shows strong growth backed by their mining sector which has great reserves of Gold as well as other valuable commodities.
As a trader wanting to trade this stock index, index will move upwards faster when the Australian economic indicators show accelerated economic growth.
As a Stock trader you want to be biased and keep buying as the stock index moves up. When the Australian economy is performing good (most times it's performing good) this upward trend is more likely to be in place. A good index trade strategy would be to buy to keep buying the dips.
During Economic SlowDown & Recession
During economic slowdown and recession times, corporations begin to report lower profits and lower growth prospect. It's due to this reason that traders begin to sell stocks of firms reporting lower profits & hence the index tracking these particular stocks also will begin to move downwards.
Hence, during these times stock indices trends are likely to be heading downward & 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 & Details
Margin Required Per 1Lot - AUD 70
Value per 1 Pip - AUD 0.1
NB: Even though the general trend is generally moves upwards, as a stock index trader you have to factor in the daily market volatility, on some days the index might move in a range or even pullback, stock market pullbackretracement might also be significant at times and hence as a trader you need to mark-time your entry precisely using this trading strategy: index trading strategy and at same time use proper money management guidelines just in case of more unexpected volatility in the market trend. About money management guidelines in index lessons: What's index equity management & stock index equity management strategies.
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