Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,162,125 members, 7,849,500 topics. Date: Monday, 03 June 2024 at 10:52 PM

Understanding What Is Indices In Forex Market - Investment - Nairaland

Nairaland Forum / Nairaland / General / Investment / Understanding What Is Indices In Forex Market (782 Views)

Get In Here To Learn How To Trade The Synthetic Indices Market / Make Profit Daily Trading Volatility Indices $$$ / Rise Fall Binary Options Scalping Sure Winning Volatility Indices Scalper Method (2) (3) (4)

(1) (Reply)

Understanding What Is Indices In Forex Market by swaxbz: 11:57am On Mar 10, 2019
Indices or Indexes are groupings of a specified number of stocks into one trade-able entity, either representing a particular market or portion of it. Although each stock can be bought and sold on its own, and index can also be traded as a whole.Indices are bought and sold in same way as an individual share.
Indices Trading Example
Buying SPX500
Opening the Position
Opening price USD $ 2082.60
You decide to buy 1 contract at $ 2082.60 (1 contract=1$ per index point)
Closing the Position
One week later the SPX500 has risen to $2092.60, you decide to take your profit by closing your buying position
Market movement= 2092.60 – 2082.60 = 10
Gross profit on Trade = 2092.60*1-2082.60*1= USD$ 10 ($1 per Index point)
YOU CAN LEARN MORE HERE
https://entryhub..com/2019/03/understanding-what-is-indeces.html

(1) (Reply)

Get 50000 Twitter Followers Free / $55 1 Year Old Pin Verified Nigerian Adsense Plus Domain For Sale / Invest In My Startup To Become Co-owner

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 5
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.