The stock exchange index can be described as a “basket” of shares united under similar characteristics. Trading indices in stock market can be compared to trading several dozens of stocks compiled together at once. Basically, the main purpose of indices is to create a powerful indicator for investors to determine the direction of companies’ stock prices in a particular industry. When trading indices, keep in mind that the reaction to the economic news published may not correspond with expectations and forecasts.
For example, if there is a rise in oil prices, it is logical to expect an increase in the shares of all the oil companies. However, different stocks grow at different speeds, while some of them may not respond to such news at all. In this case, the spot index helps traders to understand the overall trend of this market segment without the need to assess the position of lots of different companies.
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RISK WARNING: Derivatives are complex instruments and come with a high risk of losing money rapidly due to leverage. A high percentage of retail investor accounts lose money when trading derivatives with this provider. This is not an investment advice.
Trading with NAGA Trader by following and/or copying or replicating the trades of other traders involves high levels of risks, even when following and/or copying or replicating the top-performing traders. Such risks include the risk that you may be following/copying the trading decisions of possibly inexperienced/unprofessional traders, or traders whose ultimate purpose or intention, or financial status may differ from yours. Before making an investment decision, you should rely on your own assessment of the person making the trading decisions and the terms of all the legal documentation.
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