Monday, July 25, 2011

Insure your portfolio using stock indices

Stock index CFDs


offer a handy way to hedge existing stock positions in


erratic markets; as CFDs can be traded long or


short traders are able to open a short position


on an index that is representative of their stock portfolio, knowing that any losses in


their stock portfolio will be balanced by their index CFD position.

 As an example, a


backer might hold a balanced stock portfolio across the


Australian market. He is anxious about


short term volatility and his assets


falling in value but doesn't want to


sell his positions as he expects the market to trend


up over the long term.

 As an alternative he comes to a


decision to offset possible losses by opening a short


position on the Australia 200 Index. As an index is a


probabilistic measure of the value of a


bunch of stock, it will rise and fall with the


changing cost of individual shares.

 He sells, or goes short on, numerous Australia 200 contracts, realizing


that now his share position is hedged if the market fluctuates. For


every dollar he loses on his share portfolio, he will gain a dollar on his Australia 200 position.


Similarly, for every dollar he loses on his index position,


he'll gain a dollar on his share


portfolio.

 From here there are three possible


scenarios: the stock and index appreciate in


value, the stock and index decline in


value, or the stock and index trade sideways.

 One. The stock and index go up in value




 The market continues trending upwards, and his


portfolio is soon worth another 10,000.


However, as the investor  had sold the Australia 200 with the hope that it would go down, he has made


a loss of the same quantity on that position. If he


suspects the market will continue to go up,


he could close his Australia 200 position and continue


enjoying to profits of his share


portfolio. If he still thinks there are unstable times


ahead, he could keep that position open, realizing that


any possible losses will be counterbalanced


by his share portfolio.

 Two. The stock and index fall in


value







If the investor  loses 20,000 across his


portfolio, he will make the same profit on his


Australia 200 index CFD position, which would annul


those losses. Once he believes the price has bottom out, he could close


the index position, taking those profits and holding onto the stock


until its price raises again.

 Three. The stock and index remain flat







The trader won't


have made a profit or loss on either trade.

 Index CFDs are a helpful tool


for safeguarding existing investments against price


fluctuations, and CFDs generally are a neat method to quickly diversify your portfolio with minimum


capital needs. That being said, this strategy is a


market-neutral strategy, meaning that although you will


not make a loss, you will not make a profit either


for as long as both positions are open. Hedging can lower


profit potential, but as it also


limits losses, it can reward traders with a steadier flow


of profit over time.    









Remember that CFDs and forex are leveraged products and can result in losses that exceed your first deposit. CFD trading may not be appropriate for everybody, so please make sure you understand the risks concerned.     

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