How to Calculate Dow Jones 30 Pips Value - Dow Jones 30 Index
Dow Jones Industrial Average or the Dow 30 is a stock market index that tracks 30 of the biggest stocks in USA. The stocks that are used to calculate this component are selected from 30 biggest companies in USA.
Index Contracts & Specifications - Dow Jones 30 Index
Margin Requirement Per 1 Lot for Dow Jones 30 is - $ 150
Value per 1 Pips for Dow Jones 30 is - $ 0.5
The Dow Jones is the most popular and most followed index globally. The Dow Jones Industrial Average originally tracked performance of Industrial stocks but has changed to include stocks from =the other sectors of the economy. The main criteria being the stocks chosen are from the largest American companies.
The Dow Jones is more volatile than most of the other Top Indices, The Dow Jones although will over the long-term trend upward it will have more price pullbacks & more consolidations than other stock index. Traders may prefer to trade other indexes other than the Dow Jones Industrial Average if they are more accustomed to trading the more stellar trends found in other top indices.