Dow Jones is the most famous stock index of the New York Stock Exchange. It is not the most important index in terms of impact, as it is calculated on the basis of the price of 30 major Wall Street stocks, a list that is decided annually by the Wall Street Journal. This “human” selection policy has been adopted since its conception by its founder Charles Dow, the same founder of the Wall Street Journal and a great scholar of technical analysis. As the American and international stock market today is much more complex than it was then, the Dow Jones Index is much more symbolic than technical. It continues to be part of the history of the American stock exchange.
The Dow Jones 30 Index is available for trading on the CFD Plus500 platform.
Among its most important stocks at the moment are 3M, American Express, AT&T, Boeing, Caterpillar, Chevron Corporation, Cisto Systems, Coca-Cola, ExxonMobil, General Electric, Goldman Sachs, Intel, IBM, Johnson & Johnson, JPMorgan Chase, Microsoft, Nike, Pfizer, Procter & Gamble, United Technologies Corporation, Visa, Wal-Mart and Walt Disney.
Trading on Dow Jones 30
To trade on Dow Jones online, you can use financial instruments such as CFDs. Trading CFDs on the Dow Jones Index online means trading on the nearest quarterly futures. For Dow Jones, maturities are in March, June, September, and December. For example, if you trade on July 7, you will trade on Dow Jones futures that expire on September 30.
Below is a real-time chart of the Dow Jones 30 CFDs provided by Plus500. As you can see, clicking on “full details” will take you to the description page of this product.
Next, by clicking on “Future-CME” you will get to this page (link absent) where you can get more information about maturities and more. It is the official page of the futures Dow Jones.
However, these details are not essential for trading purposes. What is important is to use a good platform where you can trade on the Dow Jones Index. It should be responsive and reliable.
How do I trade on the Dow Jones 30 Index?
With CFD brokers you can make profits based on the price change that occurs in the market. With binary options, on the other hand, you can make profits by predicting only the direction (high or low) of the index over a given period of time.